This Landlord’s Consent to Assignment of Lease (the “Consent”) is made and effective as of _________ __, 20____ (the “Effective Date”) by ______________, [an individual] [etc.] (the “Landlord”) in favour of _______________________, a __________ [an individual][corporation][limited liability company] [etc.] (the “Assignor”). The Landlord and the Assignor may be referred to individually as a “Party” or collectively as the “Parties.”
RECITALS
WHEREAS, the Landlord is the owner and landlord of the real property located at __________________ (the “Premises”); and
WHEREAS, the Landlord, as lessor, and the Assignor, as lessee, entered into that certain lease agreement covering the Premises, a copy of which is attached as Exhibit A hereto (the “Lease”); and
WHEREAS, the Assignor wishes to assign all of its rights and obligations as lessee under the Lease to ___________________ (the “Assignee”), and the Assignee wishes to accept this assignment of the Lease and assume these obligations on the terms and conditions set forth in this Consent; and
WHEREAS, the Landlord is willing to consent to this assignment and assumption on the terms and conditions set forth in this Consent….
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