Common use of Assignment of Lease Clause in Contracts

Assignment of Lease. Tenant understands that Landlord’s interest in the Lease has been assigned to Lender in connection with the Loan and that no amendment modification or termination of the Lease shall be effective unless approved in writing by Lender. Except as provided herein, however, Lender shall assume no duty, liability or obligation to Tenant under the Lease.

Assignment of Lease. Tenant understands that Landlord’s interest in the Lease has been assigned to Lender in connection with the Loan and that that, during the continuation of the Loan, no amendment or modification or termination (except such as do not prejudice the interests of Lender in any material respect) of the Lease shall be effective binding against Lender unless approved in writing by Lender, which approval shall not be unreasonably withheld, conditioned or delayed. Except as provided herein, however, Lender shall assume no duty, liability or obligation to Tenant under the Lease.

Assignment of Lease. Tenant understands that Landlord’s interest in the Lease has been assigned to Lender in connection with the Loan and that no amendment modification or termination Loan. Until Lender becomes owner of the Lease shall be effective unless approved in writing by Lender. Except as provided hereinProperty, however, Lender shall assume assumes no duty, liability or obligation to Tenant under the Lease.

Assignment of Lease. Tenant understands that LandlordXxxxxxxx’s interest in the Lease has been assigned to Lender in connection with the Loan and that that, during the continuation of the Loan, no amendment or modification or termination (except such as do not prejudice the interests of Lender in any material respect) of the Lease shall be effective binding against Lender unless approved in writing by Lender, which approval shall not be unreasonably withheld, conditioned or delayed. Except as provided herein, however, Lender Xxxxxx shall assume no duty, liability or obligation to Tenant under the Lease.

Assignment of Lease. Tenant understands that Landlord’s interest in the Lease has been assigned to Lender in connection with the Loan and that no amendment modification or termination Loan. Until Lender becomes owner of the Property or assumes or takes over the Lease shall be effective unless approved in writing by Lender. Except as provided hereinor the operation of the Property, however, Lender shall assume assumes no duty, liability or obligation to Tenant under the Lease.