Consent by Lessor to Sublease

$10.00
This is a form where a lessor consents to the sublease of a commercial lease for a tenant in exchange for the payment of a designated amount.

Format: word_icon Microsoft Word

CONSENT BY LESSOR TO SUBLEASE

THIS CONSENT BY LESSOR TO SUBLEASE ("Consent") is made and entered into as of this day of , 20____ ("Effective Date"), by _______________________ ("Lessor") in favor of _______________________ ("Lessee").

RECITALS:

A. Lessee, as lessee under the Lease, and Lessor have executed that certain Lease, dated _________ (the "Lease"), covering those certain premises and related improvements described on Exhibit A attached hereto (the "Premises").

B. Lessee desires to sublease [all] [a portion] of the Premises to _____________ ("Sublessee") and Sublessee desires to accept a sublease in the form attached as Exhibit B (the "Sublease"), and Lessor is willing to consent to the Sublease on the terms and conditions set forth in this Consent.

NOW, THEREFORE, in consideration of the payment by Lessee of Dollars ($ __), payable on or before ______________, 20____ to Lessor, the parties hereby agree as follows:

1. Consent to Sublease. Lessor hereby consents to the Sublease and the transactions contemplated thereby. Lessor’s consent to the Sublease shall not be deemed to be a consent to any other or subsequent assignment or sublease.

2. Continuing Liability. Lessee shall continue to be liable under the Lease, notwithstanding the Sublease.

3. Entire Agreement. This Consent constitutes the entire agreement of Lessor and Lessee pertaining to its subject matter and supersedes any prior or contemporaneous negotiations, representations, agreements and understandings of the parties with respect to such matters, whether written or oral. The parties acknowledge that they have not relied on any promise, representation or warranty, expressed or implied, not contained in this Consent. Parol evidence will be inadmissible to show agreement by and among the parties to any term or condition contrary to or in addition to the terms and conditions contained in this Consent.

4. Interpretation; Amendment. In interpreting the language of this Consent, the Lessor and Lessee shall be treated as having drafted this Consent after meaningful negotiations. The language in this Agreement shall be construed as to its fair meaning and not strictly for or against either party. This Consent may be modified only by a writing signed by Lessor and Lessee.

5. Attorneys’ Fees. If any party hereto fails to perform any of its obligations under this Consent or if a dispute arises between the parties hereto concerning the meaning or interpretation of any provision of this Consent, and an action is filed, the prevailing party in any such action shall be entitled to recover from the other party, in addition to any other relief that may be granted, its court costs and reasonable attorneys’ fees and disbursements, including such incurred in connection with any appeal.

6. Counterparts. This Consent may be signed in counterparts and all counterparts so executed shall constitute one contract, binding on the all parties hereto, even though all....

 

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