Seminar ID: 100696

Negotiating and Drafting Commercial Lease Assignment Provisions

Presented By:
Richard C. Mallory

Managing Partner
Allen Matkins Leck Gamble Mallory & Natsis LLP

You will Learn:

  • Unique assignment issues (e.g., release) and unique subtenant issues (e.g., risk of direct tenant default).
  • Profit-sharing theory and definitions.
  • Best and fallback positions on obtaining the Landlord's consent.
  • Negotiating tactics for achieving automatic approval of an assignment, addressing net worth, reputation, experience and proposed use.
  • Suggestions for achieving a simplified approval procedure within the lease, utilizing a term sheet rather than a fully-executed assignment document.

This ten-minute segment is taken from our live upcoming webinar on January 28, 2014 at 1:00 PM Eastern entitled "Negotiating and Drafting Commercial Lease Assignment Provisions." You will learn unique assignment issues and unique subtenant issues, profit-sharing theory and definitions, best fallback positions on obtaining the Landlord's consent, and more.