No Assignment or Transfer. The making of the Specified Mortgage shall not be deemed to constitute an assignment or transfer of the Lease or Leasehold Estate so as to require the Specified Mortgagee to assume the performance of any of the Lessee’s obligations under the Lease.
Appears in 7 contracts
Sources: Ground Lease, Ground Lease, Ground Lease
No Assignment or Transfer. The making of the Specified Mortgage shall not be deemed to constitute an assignment or transfer of the Lease or Leasehold Estate so as to require the Specified Mortgagee to assume the performance of any of the Lessee’s 's obligations under the Lease.
Appears in 6 contracts
Sources: Ground Lease, Community Land Trust Ground Lease Rider, Community Land Trust Ground Lease Rider
No Assignment or Transfer. The making of the Specified Mortgage shall not be deemed to constitute an assignment or transfer of the Lease or Leasehold Estate leasehold estate so as to require the Specified Mortgagee to assume the performance of any of the Lessee’s 's obligations under the Lease.
Appears in 2 contracts
Sources: Community Land Trust Ground Lease Rider, Ground Lease Agreement