Common use of Effect of Permitted Transfer or other Assignment by BNPLC Clause in Contracts

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 other Operative Documents, and if BNPLC's successor in interest to all such rights assumes in writing for the benefit of FCI BNPLC's obligations under this Lease and the 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), and FCI shall look solely to each successor in interest of BNPLC for performance of such obligations.

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 other Operative Purchase Documents, and if BNPLC's successor in interest to all such rights assumes in writing for the benefit of FCI Electroglas BNPLC's obligations under this Lease and the other Operative Purchase 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 Documents, and FCI Electroglas shall look solely to each successor in interest of BNPLC for performance of such obligations.

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 other Operative Documents, and if BNPLC's successor in interest to all such rights assumes in writing for the benefit of FCI SGC BNPLC's obligations under this Lease and the 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), and FCI SGC shall look solely to each successor in interest of BNPLC for performance of such obligations.

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 other Operative DocumentsPurchase Agreement, and if BNPLC's successor in interest to all such rights assumes in writing for the benefit of FCI Solectron BNPLC's obligations under this Lease and the other Operative Documents 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 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 FCI Solectron shall look solely to each successor in interest of BNPLC for performance of such obligations.