Louisiana Transfer Clause Containing a contractual Right for the Landlord to Withhold Consent

State:
Multi-State
Control #:
US-OL21013
Format:
Word; 
PDF
Instant download

Description

This office lease form contains a contractual right in the transfer clause for the landlord to withhold its consent for specific situations not usually prohibited under the reasonableness standard. The tenant shall neither assign the lease nor sublet all or a portion of the demised premises without the landlord's prior written consent. This form outlines the specific situation where the landlord may withhold such consent.

How to fill out Transfer Clause Containing A Contractual Right For The Landlord To Withhold Consent?

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FAQ

When is a refusal to provide consent considered unreasonable? In general, a landlord is not considered to be acting reasonably if it refuses to provide consent to a Transfer for capricious or arbitrary reasons.

Whenever either Party requests any consent, permission, or approval which may be required or desired by that Party pursuant to the provisions of this Agreement, the other Party shall not unreasonably withhold or postpone the grant of such consent, permission, or approval.

The phrase is typically used in assignment clauses: No Party may assign rights or obligations of this Agreement without the consent of the other Party, which consent shall not unreasonably be withheld or delayed.

Consent to assignment refers to allowing a party of a contract to assign a contract and move the obligations to another party. The party of the existing contract, known as the assignor, will pass on the contract to another party, known as the assignee.

Whenever either Party requests any consent, permission, or approval which may be required or desired by that Party pursuant to the provisions of this Agreement, the other Party shall not unreasonably withhold or postpone the grant of such consent, permission, or approval.

Adults withholding consent Competent adults have an absolute right to withhold their consent to treatment for any reason, or for no reason at all. This is still true even if their refusal appears unreasonable or not in their own best interests.

Whenever consent or approval of either party is required, that party shall not unreasonably withhold, condition or delay such consent or approval, except as may be expressly set forth to the contrary.

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Louisiana Transfer Clause Containing a contractual Right for the Landlord to Withhold Consent