Common use of TRANSFERS BY LESSOR Clause in Contracts

TRANSFERS BY LESSOR. The term "Lessor" as used in this Lease so far as covenants or obligations on the part of Lessor are concerned shall be limited to mean and include only the owner or owners of the Office Complex at the time in question, and in the event of any transfer or transfers or conveyances the then grantor, provided that the grantee expressly assumes the obligations of Lessor hereunder, shall be automatically freed and released from all personal liability accruing from and after the date of such transfer or conveyance as respects the performance of any covenant or obligation on the part of Lessor contained in this Lease to be performed, it being intended hereby that the covenants and obligations contained in this Lease on the part of Lessor shall be binding on the Lessor, its successors and assigns, only during and in respect to their respective successive periods of ownership. In the event of a sale or conveyance by Lessor of the Office Complex or any part of the Office Complex, the same shall operate to release Lessor from any future liability upon any of the covenants or conditions herein contained, provided that the grantee expressly assumes the obligations of Lessor hereunder, and in such event Lessee agrees to look solely to the responsibility of the successor in interest of Lessor in and to this Lease. This Lease shall not be affected by any such sale or conveyance, and Lessee agrees to attorn to the purchaser or grantee, which shall be personally obligated on this Lease only so long as it is the owner of Lessor's interest in and to this Lease.

TRANSFERS BY LESSOR. The term "Lessor" as used Lessee acknowledges that Lessor may sell its interest in the Leased Property in whole or in part, and that Lessor may assign its interest in this Lease in whole or in part, in any such case, to any other Person without Lessee’s prior written consent or approval, so far long as covenants such Person is not a Non-Permitted Assignee; provided, however, that (i) if an Event of Default has occurred and is continuing, Lessor may sell, assign or transfer any such rights and obligations on to a Non-Permitted Assignee without the part written consent of Lessor are concerned shall be limited to mean and include only the owner or owners of the Office Complex at the time in questionLessee, and (ii) such restrictions to a sale or assignment shall not apply to or otherwise restrict any actions, negotiations or agreements in the event respect of any transfer Portfolio Sale. If Lessor or transfers or conveyances any successor owner of any Property shall convey such Property in accordance with the then grantorterms hereof, provided that other than as security for a debt, the grantee or transferee of such Property shall expressly assumes the assume all obligations of Lessor hereunder, shall be automatically freed and released from all personal liability hereunder arising or accruing from and after the date of such transfer conveyance or conveyance transfer, and Lessor or such successor owner, as respects the performance of any covenant or obligation on the part of Lessor contained in this Lease to case may be, shall thereupon be performed, it being intended hereby that the covenants released from all future liabilities and obligations contained in this Lease on the part of Lessor shall be binding on the Lessor, its successors and assigns, only during and in respect to their respective successive periods of ownership. In the event of a sale or conveyance by Lessor of the Office Complex or any part of the Office Complex, the same shall operate to release Lessor from any future liability upon any of the covenants or conditions herein contained, provided that the grantee expressly assumes the obligations of Lessor hereunder, under this Lease relating to such Property arising or accruing from and in after the date of such event conveyance or other transfer and all such future liabilities and obligations shall thereupon be binding upon the new owner. Lessee agrees to look solely that any successor purchaser may exercise any and all rights of Lessor; provided, however, such successor purchaser shall be subject to the responsibility same restrictions imposed upon Lessor hereunder. Subject to the execution by a prospective purchaser of the successor in interest of a written confidentiality agreement on terms reasonably acceptable to Lessee, Lessor in and may divulge to this Lease. This Lease shall not be affected by any such sale or conveyanceprospective purchaser all information, reports, financial statements, certificates and documents obtained by it from Lessee agrees to attorn (including all such information and documents relating to the purchaser or grantee, which shall be personally obligated on this Lease only so long as it is the owner of Lessor's interest in and to this LeaseGuarantor).

TRANSFERS BY LESSOR. The term "Lessor" as used in this Lease so far as covenants or obligations on the part of Lessor are concerned shall be limited to mean and include only the owner or owners of the Office Complex at the time in question, and in the event of any transfer or transfers or conveyances the then grantor, provided that the grantee expressly assumes the obligations of Lessor hereunder, shall be automatically freed and released from all personal liability accruing from and after the date of such transfer or conveyance as respects the performance of any covenant or obligation on the part of Lessor contained in this Lease to be performed, it being intended hereby that the covenants and obligations contained in this Lease on the part of Lessor shall be binding on the Lessor, its successors and assigns, only during and in respect to their respective successive periods of ownership. In the event of a sale or conveyance by Lessor of the Office Complex or any part of the Office Complex, the same shall operate to release Lessor from any future liability upon any of the covenants or conditions herein contained, provided that the grantee expressly assumes the obligations of Lessor hereunder, and in such event Lessee agrees to look solely to the responsibility of the successor in interest of Lessor in and to this Lease. This Lease shall not be affected by any such sale or conveyance, and Lessee agrees to attorn to the purchaser or grantee, which shall be personally obligated on this Lease only so long as it is the owner of Lessor's interest in and to this Lease.

TRANSFERS BY LESSOR. The term "Lessor" as used Lessee acknowledges and agrees that Lessor may sell its interest in the Leased Property in whole or in part, and Lessor may assign its interest in this Lease so far as covenants (including any Severed Lease) in whole or obligations on in part, to any Person other than any Person whose primary business is the part provision of physician‑staffed emergency room or urgent care medical services (a "Non‑Permissible Assignee"); provided, however, that if there shall exist any Event of Default, Lessor are concerned shall be limited may sell its interest in the Leased Property in whole or in part, and Lessor may assign its interest in this Lease (including any Severed Lease) in whole or in part, to mean and include only the any Person, including, without limitation, a Non‑Permissible Assignee. If Lessor or any successor owner or owners of any portion of the Office Complex at Leased Property relating to any Facility shall convey such portion of the time Leased Property in questionaccordance with the terms hereof, other than as security for a debt, and in the event of any transfer or transfers or conveyances the then grantor, provided that the grantee or transferee of such portion of the Leased Property shall expressly assumes the assume all obligations of Lessor hereunder, shall be automatically freed and released from all personal liability hereunder arising or accruing from and after the date of such conveyance or transfer and Lessor or conveyance such successor owner, as respects the performance of any covenant or obligation on the part of Lessor contained in this Lease to case may be, shall thereupon be performed, it being intended hereby that the covenants released from all future liabilities and obligations contained in this Lease on the part of Lessor shall be binding on the Lessor, its successors and assigns, only during and in respect to their respective successive periods of ownership. In the event of a sale or conveyance by Lessor of the Office Complex or any part of the Office Complex, the same shall operate to release Lessor from any future liability upon any of the covenants or conditions herein contained, provided that the grantee expressly assumes the obligations of Lessor hereunder, under this Lease relating to such portion of the Leased Property arising or accruing from and in after the date of such event conveyance or other transfer and all such future liabilities and obligations shall thereupon be binding upon the new owner. Lessee agrees to look solely that any successor purchaser may exercise any and all rights of Lessor; provided, however, such successor purchaser shall be subject to the responsibility of the successor in interest of same restrictions imposed upon Lessor in and hereunder. Lessor may divulge to this Lease. This Lease shall not be affected by any such sale prospective purchaser all information, reports, financial statements, certificates and documents obtained by it from Lessee and shall require any such prospective purchaser to enter into a confidentiality agreement with respect to such information. Lessee shall have no right of consent or conveyanceapproval relating to any such sale, and Lessee agrees to attorn to the purchaser transfer or grantee, which shall be personally obligated on this Lease only so long as it is the owner of assignment by Lessor's interest in and to this Lease.