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its reasonable discretion. Without limitation, any of the following shall be deemed an assignment of this Lease: (i) any assignment or transfer of any direct or indirect ownership interest in Tenants, in whole or in part, by operation of Law or otherwise, regardless of the number of tiers of ownership, in one or more transactions, in such a manner that greater than fifly percent (50%) of the direct or indirect ownership interests in Tenants are assigned or transferred, and (ii) any encumbrance, pledge or hypothecation, in whole or in part, by operation of Law or otherwise, of this Lease or any interest in the leasehold estate created by this Lease, or of any direct or indirect ownership interest in Tenants,regardless of the number of tiers of ownership. Notwithstanding anything to the contrary contained in this Lease, Tenants shall have the right, without the prior written consent of Landlord, to (1) assign this Lease to an Affiliate of Tenants or to any entity with which Tenants may merge or consolidate or to which Tenants may sell all or substantially all of its assets or capital stock and (2) sublease all or a portion of the Demised Property so long as the permitted use under the sublease is limited to the operation of a Permitted Use, the term of the sublease, including any extension options, does not (and cannot) extend beyond the scheduled Lease Term and Tenants remains primarily liable for the obligations under this Lease. (b) If this Lease is assigned or transferred, or if all or any part of the Demised Property is sublet or occupied by any party other than Tenants, Landlord may collect rent from the assignee, transferee, subtenants or occupant and apply the net amount collected to the Rent reserved in this Lease, but no such assignment, subletting, occupancy or collection shall be deemed a waiver of any covenant or condition of this Lease or Landlord's acceptance of the assignee,transferee, subtenants or occupant as Tenants, or a release by Landlord of Tenants from the performance or further performance by Tenants of its obligations under this Lease. Without limiting the generality of the forgoing, Tenants expressly acknowledge and agree that, in the event of any assignment of this Lease, Tenants shall remain jointly and severally liable with the assignee for all of the obligations under this Lease, and in all other cases of any transfer of Tenants' interest under this Lease, Tenants shall remain primarily liable for such obligations. Subject to the foregoing, the consent by Landlord to an assignment, transfer or subletting shall not in any way be construed to relieve Tenants from obtaining the express written consent of Landlord in each instance to any subsequent similar action that Tenants may desire to take. Section 22.42 Upon any sublease or assignment permitted as provided in this Article 22, Tenants shall deliver to Landlord copies of such sublease or assignment agreement. In no event shall Tenants be entitled to amend, extend or otherwise modify the Lease in any sublease or assignment agreement that required the prior written consent of Landlord pursuant to the terms hereof without the prior written consent of Landlord, which consent Landlord may withhold in its reasonable discretion. Section 22.43 Subject to the terms of this Lease, this Lease shall be binding upon, enforceable by, and inure to the benefit of the parties hereto and their respective heirs, successors, representatives and assigns. Section 22.04 Notwithstanding anything to the contrary contained in Section 22.01, the following shall be permitted under the terms of this Lease without Landlord's prior written 7d