Common use of Assignee Bound Clause in Contracts

Assignee Bound. Subject to the provisions of Section 17.1.C above, every assignee, whether as assignee or as successor in interest of any assignee of Tenant herein named, or as successor in interest of any assignee, including any purchaser of the Lease under a foreclosure of any Permitted Mortgage, shall be and become and remain liable for the payment of all rent and other sums payable hereunder and for the due performance of all the covenants, agreements, terms and provisions hereof on Tenant's part to be performed throughout the Lease Term, and every provision of this Lease applicable to Tenant shall apply to and bind every such assignee and purchaser with the same force and effect as though such assignee or purchaser were the Tenant named in this Lease. No transfer to such assignee or to such purchaser shall be binding upon Landlord or act to release any assignor or prior Tenant unless such assignee or purchaser shall deliver to the Landlord a recordable instrument which contains a covenant of assumption by said assignee or purchaser to such effect, but the failure or refusal of such assignee or purchaser to deliver such instrument shall not release or discharge such assignee or purchaser from its obligations and liability as above set forth.

Assignee Bound. Subject to the provisions of Section 17.1.C above, every Every assignee, whether as assignee or as successor in interest of any assignee of Tenant herein namednamed or as assignee of the holder of any Permitted Mortgage, or as successor in interest of any assignee, including any purchaser of the Lease under a foreclosure of any Permitted Mortgage, shall immediately be and become and remain liable for the payment of all rent Net Rent and other sums payable hereunder Additional Payments, and for the due performance of all the covenants, agreements, terms terms, and provisions hereof on Tenant's part to be performed throughout to the Lease Termend of the Term hereof, except as hereinafter provided in this Section, and every provision of this Lease applicable to Tenant shall apply to and bind every such assignee and purchaser with the same force and effect as though such assignee or purchaser were the Tenant named in this Lease. No transfer to such assignee or to such purchaser shall be binding upon Landlord or act to release any assignor or prior Tenant unless such assignee or purchaser shall deliver to the Landlord a recordable instrument which contains a covenant of assumption by said assignee or purchaser to such effect, but the failure or refusal of such assignee or purchaser to deliver such instrument shall not release or discharge such assignee or purchaser from its obligations and liability as above set forth.

Assignee Bound. Subject to the provisions of Section 17.1.C above, every Every assignee, whether as assignee or as successor in interest of any assignee of Tenant herein named, or as successor in interest of any assignee, including any purchaser of the Lease under a foreclosure of any Permitted Mortgageshall, shall except as provided in Section 4.1D, from and after such Assignment immediately be and become and remain liable for the payment of all rent Net Rent and other sums payable hereunder Additional Payments, and for the due performance of all the covenants, agreements, terms terms, and provisions hereof on Tenant's part to be performed throughout to the Lease Termend of the Term hereof, except as hereinafter provided in this Section, and every provision of this Lease applicable to Tenant shall apply to and bind every such assignee and purchaser from and after the date of such Assignment with the same force and effect as though such assignee or purchaser were the Tenant named in this Lease. No transfer to such assignee or to such purchaser shall be binding upon Landlord or act to release any assignor or prior Tenant unless such assignee or purchaser shall deliver delivers to the Landlord a recordable instrument which that contains a covenant of assumption by said assignee or purchaser to such effect, but the failure or refusal of such assignee or purchaser to deliver such instrument shall will not release or discharge such assignee or purchaser from its obligations and liability as above set forth.