Common use of Subsequent Transfer Clause in Contracts

Subsequent Transfer. If Lender, by succeeding to the interest of Owner under the Lease, should become obligated to perform the covenants of Owner thereunder, then, upon any further transfer of Owner’s interest by Lender, all of such obligations shall terminate as to Lender.

Subsequent Transfer. If Lender, by succeeding to the interest of Owner under the Lease, should become obligated to perform the covenants of Owner thereunder, then, upon any further transfer of Owner’s 's interest by Lender, all of such obligations shall terminate as to Lender.

Subsequent Transfer. If Lender, by succeeding to the interest of Owner under the Lease, should shall become obligated to perform the agreements and covenants of Owner thereunderthereunder with respect to those agreements and covenants first becoming due after Lender succeeds to the interest of Owner, thenand, upon any further transfer of Owner’s 's interest by Lender, all of such obligations shall terminate as to Lender with respect to obligations first becoming due after the date of transfer by Lender.

Subsequent Transfer. If Lender, by succeeding to the interest of Owner under the Lease, should become obligated to perform the covenants of Owner thereunder, then, . upon any further transfer of Owner’s Owners interest by Lender, all of such obligations shall terminate as to Lender.