Common use of ACQUISITION OF INTEREST Clause in Contracts

ACQUISITION OF INTEREST. Except as otherwise provided in Section 10.1 above, the acquisition of all or any portion of Lessee’s or an Assignee’s or Tenant’s interest in the Property or the Solarpower Facilities or this Agreement by another Assignee or Tenant or any other person through foreclosure or other judicial or nonjudicial proceedings in the nature thereof or any conveyance in lieu thereof, shall not require the consent of Landowner or constitute a breach of any provision or a default under this Agreement, and upon such acquisition or conveyance Landowner shall recognize the Assignee or Tenant, or such other party, as Lessee’s or such other Assignee’s or Tenant’s proper successor.

ACQUISITION OF INTEREST. Except as otherwise provided in Section 10.1 above, the acquisition of all or any portion of Lessee’s or an Assignee’s or Tenant’s interest in the Property or the Solarpower Solar Energy Facilities or this Agreement by another Assignee or Tenant or any other person through foreclosure or other judicial or nonjudicial proceedings in the nature thereof or any conveyance in lieu thereof, shall not require the consent of Landowner or constitute a breach of any provision or a default under this Agreement, and upon such acquisition or conveyance Landowner shall recognize the Assignee or Tenant, or such other party, as LesseeXxxxxx’s or such other Assignee’s or Tenant’s proper successor.

ACQUISITION OF INTEREST. Except as otherwise provided in Section 10.1 above, the acquisition of all or any portion of Lessee’s or an Assignee’s or Tenant’s interest in the Property or the Solarpower Solar Energy Facilities or this Agreement by another Assignee or Tenant or any other person through foreclosure or other judicial or nonjudicial proceedings in the nature thereof or any conveyance in lieu thereof, shall not require the consent of Landowner or constitute a breach of any provision or a default under this Agreement, and upon such acquisition or conveyance Landowner shall recognize the Assignee or Tenant, or such other party, as Lessee’s or such other Assignee’s or Tenant’s proper successor.