The Mississippi Agreement for Construction of a Building with no Assignment or Subletting of either Party's Interest without Consent of other Party is a legally binding contract that outlines the terms and conditions between two parties engaging in the construction of a building project. This agreement ensures that neither party can transfer their rights nor interests in the project to a third party without obtaining the prior consent of the other party involved. The primary purpose of this agreement is to maintain control and prevent unauthorized transfers or subletting of the project, ensuring that both parties have a say in any potential changes or alterations to the original agreement. This provision is typically implemented to protect the interests, investment, and expectations of the parties involved. To provide a comprehensive understanding of the Mississippi Agreement for Construction of a Building with no Assignment or Subletting of either Party's Interest without Consent of other Party, let's explore some relevant keywords and possible variations of such agreements: 1. Key clauses: a. Non-assignment clause: This clause stipulates that neither party can transfer nor assign their rights, obligations, or interests under the agreement to a third party without obtaining the other party's consent. b. Non-subletting clause: This clause prevents either party from subletting, leasing, or granting the project to another party without the prior written consent of the other party. c. Consent clause: This clause outlines the process and conditions under which the consent of the other party should be obtained before any assignment or subletting can occur. d. Termination clause: This clause defines the consequences for breaching the agreement, such as termination of the contract or the right to seek legal remedies. 2. Different types of Mississippi Agreements for Construction of a Building without Assignment or Subletting: a. Residential Construction Agreement: Specifically tailored for residential building projects, focusing on single-family homes, apartments, or other types of residential properties. b. Commercial Construction Agreement: Designed for commercial projects, including office buildings, retail spaces, warehouses, or any non-residential developments. c. Government Construction Agreement: Intended for construction projects commissioned by governmental entities or agencies, such as public infrastructure, schools, or hospitals. In summary, the Mississippi Agreement for Construction of a Building without Assignment or Subletting of either Party's Interest without Consent of other Party is a crucial legal document that safeguards the interests and expectations of the parties involved in construction projects. By forbidding unauthorized transfers or subleasing, this agreement maintains control and ensures that both parties have a say in any changes or revisions to the original agreement.
Mississippi Agreement for Construction of a Building with no Assignment or Subletting of either Party's Interest without Consent of other Party
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Lessee shall not assign this Lease or sublet any portion of the Premises without prior written consent of the Lessor, which shall not be unreasonably withheld. Any such assignment or subletting without consent shall be void and, at the option of the Lessor, may terminate this Lease.
assignment clause which prohibits a party from assigning its rights (eg "the Seller shall not assign its rights") will, if breached, generally result in a breach of contract but will not affect the assignee's rights. The rights subjected to the clause are still transferred.
Lessee shall not assign this lease, nor sublet the above-described premises or property, without written consent of Lessor, nor suffer any use of the premises other than herein specified. NO SUBLETTING. Occupant shall not assign or sublease the Unit without the written permission of the Owner.
Hear this out loud PauseAs a general rule, retail leases prohibit tenants from assigning the lease to an assignee or subleasing the premises to a subtenant (each referred to herein as a ?Transfer?) unless the landlord consents in writing to such Transfer.
Hear this out loud PauseNo subletting clause samples 04. No Subletting. Lessee shall not sublet any or all of the Properties without the prior written consent of Lessor, which consent shall not be unreasonably withheld, conditioned or delayed.
Hear this out loud PauseThis clause prohibits the tenant from assigning or subletting all or any portion of its space without the consent of the landlord, which can be withheld by the landlord for any or no reason.
Hear this out loud PauseSubletting means that you find another person to live in your place and pay rent to you, while you remain the original tenant and responsible for the lease. Assigning means that you transfer your lease rights and obligations to another person, who becomes the new tenant and deals directly with the landlord.
Lessee/s agrees not to assign this Lease or to sublet any part of the Property, nor to allow any other person to live there other than named as above, without first receiving written permission from Landlord.