Common use of Rights of Beneficiaries Clause in Contracts

Rights of Beneficiaries. No breach of the restrictions and other provisions contained herein shall defeat or render invalid the lien of any Deed of Trust now or hereafter executed upon land subject to these restrictions; provided, however, that if any portion of said property is sold under a foreclosure of any mortgage or under the provisions of any deed of trust, any purchaser at such sale and his successors and assigns shall hold any and all property so purchased subject to all of the restrictions and other provisions of this Declaration.

Appears in 3 contracts

Samples: Industrial Lease (Foxhollow Technologies, Inc.), Lease Agreement (Nuance Communications), Lease Agreement (Conor Medsystems Inc)

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Rights of Beneficiaries. No breach of the restrictions and other ----------------------- provisions contained herein shall defeat or render invalid the lien of any Deed of Trust now or hereafter executed upon land subject to these restrictions; provided, however, that if any portion of said property is sold under a foreclosure of any mortgage or under the provisions of any deed of trust, any purchaser at such sale and his successors and assigns shall hold any and all property so purchased subject to all of the restrictions and other provisions of this Declaration.

Appears in 3 contracts

Samples: Lease Agreement (Nuance Communications), Lease Agreement (Jetfax Inc), Lease Agreement (Jetfax Inc)

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Rights of Beneficiaries. No breach of the restrictions and other provisions contained herein shall defeat or render invalid the lien of any Deed of the Trust now or hereafter executed upon land subject to these restrictions; provided, however, that if any portion of said property is sold under a foreclosure of any mortgage or under the provisions of any deed of trust, any purchaser at such sale and his successors and assigns shall hold any and all property so purchased subject to all of the restrictions and other provisions of this Declaration.

Appears in 1 contract

Samples: Lease Agreement (Nuance Communications)

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