ASSIGNMENT OF SUBLEASE
This Assignment of Sublease (the “Assignment”) is made and effective [DATE],
BETWEEN:
[YOU’RE COMPANY NAME] (the "Lessor"), a corporation organized and
existing under the laws of the [State/Province] of [STATE/PROVINCE], with its
head office located at:
[YOUR COMPLETE ADDRESS]
AND:
[TENANT NAME] (the "Lessee"), an individual with his main address located at
OR a corporation organized and existing under the laws of the [State/Province]
of [STATE/PROVINCE], with its head office located at:
[COMPLETE ADDRESS]
AND:
[SUB-TENANT NAME] (the "Lessee"), an individual with his main address
located at OR a corporation organized and existing under the laws of the
[State/Province] of [STATE/PROVINCE], with its head office located at:
[COMPLETE ADDRESS]
For good consideration, it is agreed by and between the parties that:
1.
ASSIGNMENT OF LEASE
Tenant hereby assigns, transfers and delivers to Sub-Tenant all of Tenant's rights in and to a certain
lease between Tenant and Landlord for certain premises known as [Describe], under lease dated [DATE].
2.
SUB-TENANT’S OBLIGATIONS
Sub-Tenant agrees to accept said Lease, pay all rents and punctually perform all of Tenant's obligations
under said Lease accruing on and after the date of delivery of possession to the Sub-Tenant as contained
herein. Sub-Tenant further agrees to indemnify and save harmless the Tenant from any breach of Sub-
Tenant's obligations hereunder.
3.
DELIVERY OF PREMISES
The parties acknowledge that Tenant shall deliver possession of the leased premises to Sub-Tenant on
[DATE]; time being of the essence. All rents and other charges accrued under the Lease prior to say date
shall be fully paid by Tenant, and thereafter by the Sub-Tenant.
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