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Re: rosemountbomber post# 200130

Saturday, 07/06/2019 6:59:22 AM

Saturday, July 06, 2019 6:59:22 AM

Post# of 425739
You are inferring things that do not exist. Commercial real estate is my game. This lease is assignable, and nearly every commercial lease on the continent has this provision. If AMRN sells the company, they can assign the lease to the new suitor or they can hire some brokerage company to list their space and a chocolate factory can come in and take over.

Typically, provided the assignee (new tenant) is well capitalized and has the resources to assure the landlord that they can pay the bills, the assignment will go through. There is no provision for AMRN to get out of the lease and your implication that there is or might be, is incorrect. Most leases are only tilted toward the landlord if the tenant is weak. This is not the case in AMRN's situation. It's a public company, after all, and its legal team actually knows what it's doing.

The kicker here is that in an assignment, AMRN would still be fully liable under the original lease, in the event the assignee failed to pay its bills (among other obligations).

Everyone made an enormous deal out of this lease last year, including some nitwits on the Yahoo message boards. It's a nothing burger and NOTHING should be inferred from it except that AMRN got a bigger place.
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