Effect of Permitted Transfer or other Assignment by BNPLC. If, without breaching subparagraph 14.(a), BNPLC sells or otherwise transfers the Property and assigns all of its rights under this Lease and the Purchase Agreement, and if BNPLC's successor in interest to all such rights assumes in writing for the benefit of Solectron BNPLC's obligations under this Lease and the Purchase Agreement on and subject to the express terms and conditions set out herein and therein, then BNPLC shall thereby be released from any obligations arising after such assumption under this Lease (other than any liability for a breach of the landlord's obligation to provide Construction Advances) or under the Purchase Agreement, and Solectron shall look solely to each successor in interest of BNPLC for performance of such obligations.
Appears in 1 contract
Samples: Lease Agreement (Solectron Corp)
Effect of Permitted Transfer or other Assignment by BNPLC. If, without breaching subparagraph 14.(a), BNPLC sells or otherwise transfers the Property and assigns all of its rights under this Lease and the Purchase Agreementother Operative Documents, and if BNPLC's successor in interest to all such rights assumes in writing for the benefit of Solectron SGC BNPLC's obligations under this Lease and the Purchase Agreement other Operative Documents on and subject to the express terms and conditions set out herein and therein, then BNPLC shall thereby be released from any obligations arising after such assumption under this Lease or the other Operative Documents (other than any liability for a breach of the landlord's obligation to provide Construction Advances) or under the Purchase Agreement), and Solectron SGC shall look solely to each successor in interest of BNPLC for performance of such obligations.
Appears in 1 contract
Samples: Lease Agreement (Solectron Corp)
Effect of Permitted Transfer or other Assignment by BNPLC. If, without breaching subparagraph 14.(a), BNPLC sells or otherwise transfers the Property and assigns all of its rights under this Lease and the Purchase Agreementother Operative Documents, and if BNPLC's successor in interest to all such rights assumes in writing for the benefit of Solectron FCI BNPLC's obligations under this Lease and the Purchase Agreement other Operative Documents on and subject to the express terms and conditions set out herein and therein, then BNPLC shall thereby be released from any obligations arising after such assumption under this Lease or the other Operative Documents (other than any liability for a breach of the landlord's obligation to provide Construction Advances) or under the Purchase Agreement), and Solectron FCI shall look solely to each successor in interest of BNPLC for performance of such obligations.
Appears in 1 contract
Samples: Lease Agreement (Solectron Corp)
Effect of Permitted Transfer or other Assignment by BNPLC. If, without breaching subparagraph 14.(a)0, BNPLC sells or otherwise transfers the Property and assigns all of its rights under this Lease and the Purchase AgreementDocuments, and if BNPLC's successor in interest to all such rights assumes in writing for the benefit of Solectron Electroglas BNPLC's obligations under this Lease and the Purchase Agreement Documents on and subject to the express terms and conditions set out herein and therein, then BNPLC shall thereby be released from any obligations arising after such assumption under this Lease (other than any liability for a breach of the landlord's obligation to provide Construction Advances) or under the Purchase AgreementDocuments, and Solectron Electroglas shall look solely to each successor in interest of BNPLC for performance of such obligations.
Appears in 1 contract
Samples: Lease Agreement (Electroglas Inc)