Common use of Consent Not Required to Transfer Resulting from Foreclosure Clause in Contracts

Consent Not Required to Transfer Resulting from Foreclosure. The written consent of County shall not be required in the case of: 34.1.2.1. A transfer of this Contract or a Major Sublease at a foreclosure sale or at a judicial foreclosure or voluntary conveyance to the Encumbrance Holder in lieu thereof; or 34.1.2.2. A single subsequent transfer of the Contract or a Major Sublease by an Encumbrance Holder who was a purchaser at such foreclosure sale or transfer in lieu thereof, provided the transfer expressly agrees in writing to assume and to perform all of the obligations under this Contract or a Major Sublease.

Consent Not Required to Transfer Resulting from Foreclosure. The written consent of County shall not be required in the case of: 34.1.2.113.1.2.1. A transfer of this Contract Agreement or a Major Sublease at a foreclosure sale or at a judicial foreclosure or voluntary conveyance to the Encumbrance Holder in lieu thereof; or 34.1.2.213.1.2.2. A single subsequent transfer of the Contract Agreement or a Major Sublease by an Encumbrance Holder who was a purchaser at such foreclosure sale or transfer in lieu thereof, provided the transfer transferee expressly agrees in writing to assume and to perform all of the obligations under this Contract or a Major Sublease.to