Common use of Dispositions Subject to This Agreement Clause in Contracts

Dispositions Subject to This Agreement. Notwithstanding anything in this Agreement, if either Party assigns, sells, mortgages, pledges, charges, transfers, conveys, grants any security interest in, encumbers or otherwise disposes of any interest in this Agreement (other than to a Lender or pursuant to any Grantor Security Interest, or to any Person acquiring an interest in any Properties pursuant to an enforcement or realization thereof), then each Party hereto shall adopt the position in any matter arising pursuant to this Agreement, that the Person (other than a Lender, any RO Lender, any Secured Party or any Person acquiring an interest in any Properties pursuant to an enforcement or realization of security interests by any of them) that is the grantee of such disposition is subject to the terms and conditions of this Agreement which are applicable to any interest transferred by such disposition.