Common use of Subsequent Interest Clause in Contracts

Subsequent Interest. Except with respect to burdens described in Paragraph 11.1, or as otherwise provided in this Agreement, a party who creates any burden against such party's interest in any Leasehold Interests shall be solely responsible for such burden; and in the event such party is required, pursuant to other provisions of this Agreement including the applicable Program Operating Agreement or a third party operating agreement, to assign its interest in any Leasehold Interests to any other party, such assignment shall convey and vest title to such interest in such assignee free and clear of any such burden.

Subsequent Interest. Except with respect to burdens described in Paragraph 11.1, or as otherwise provided in this Agreement, a party who creates any burden against such party's interest in any Leasehold Interests Interest shall be solely responsible for such burden; and in the event such party is required, pursuant to other provisions of this Agreement including the applicable Program Operating Agreement or a third party operating agreement, to assign its interest in any Leasehold Interests Interest to any other party, such assignment shall convey and vest title to such interest in such assignee free and clear of any such burden.