Subsequent Transfer. If Lender, by succeeding to the interest of Mortgagor under the Lease, should become obligated to perform the covenants of Mortgagor thereunder, then, upon any further transfer of Mortgagor’s interest by Lender, all of such obligations shall terminate as to Lender.
Appears in 6 contracts
Samples: Lease Agreement (Weave Communications, Inc.), Lease Agreement (Weave Communications, Inc.), Lease Agreement (Healthequity Inc)
Subsequent Transfer. If Lender, by succeeding to the interest of Mortgagor under the Lease, should become obligated to perform the covenants of Mortgagor thereunder, then, upon any further transfer of Mortgagor’s 's interest by Lender, all of such obligations shall terminate as to Lender.
Appears in 5 contracts
Samples: Subordination Agreement, Subordination Agreement (Aimmune Therapeutics, Inc.), Subordination Agreement (ChromaDex Corp.)
Subsequent Transfer. If Lender, by succeeding to the interest of Mortgagor under the Lease, should become obligated to perform the covenants of Mortgagor thereunder, then, upon any further transfer of Mortgagor’s interest by Lender, all of such unaccrued obligations shall terminate as to Lender.
Appears in 2 contracts
Samples: Lease (Aruba Networks, Inc.), Lease (Aruba Networks, Inc.)
Subsequent Transfer. If Lender, by succeeding to the interest of Mortgagor under the Lease, should become obligated to perform the covenants of Mortgagor thereunder, then, upon any further transfer of Mortgagor’s 's interest by LenderLender to an assignee that assumes such obligations in writing from and after the date of such transfer, all of such obligations shall terminate as to LenderLender from and after the date of such transfer.
Appears in 2 contracts
Samples: Lease Agreement (Healthequity Inc), Lease Agreement (Healthequity Inc)
Subsequent Transfer. If Lender, by succeeding to the interest of Mortgagor under the Lease, should become obligated to perform the covenants of Mortgagor thereunder, then, upon any further transfer of Mortgagor’s interest by Lender, all of such obligations shall terminate as to Lender.;
Appears in 1 contract
Samples: Lease Agreement (Dirtt Environmental Solutions LTD)
Subsequent Transfer. If Lender, by succeeding to the interest of Mortgagor under the Lease, should become obligated to perform the covenants of Mortgagor thereunder, then, upon any further transfer of Mortgagor’s 's interest by Lender, all of such obligations shall transfer to Lender’s transferee and shall terminate as to Lender.
Appears in 1 contract
Samples: Charter School Lease
