Common use of Excluded Transfers Clause in Contracts

Excluded Transfers. Notwithstanding anything to the contrary contained in this Lease, Changes of Ownership resulting from the following transfers (“Excluded Transfers”) shall not be deemed to create an obligation to pay County a Net Proceeds Share or any Administrative Charge:

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Excluded Transfers. Notwithstanding anything to the contrary contained in this Lease, Changes of Ownership resulting from any of the following transfers (“Excluded Transfers”) shall not be deemed to create an obligation to pay County a Net Proceeds Share or any Administrative ChargeShare:

Appears in 1 contract

Samples: Lease Agreement

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Excluded Transfers. Notwithstanding anything to the contrary contained in this LeaseAgreement, Changes of Ownership resulting from the following transfers (“Excluded Transfers”) shall not be deemed to create an obligation to pay County an Administrative Charge or a Net Proceeds Share or Proceed Share, nor shall County have any Administrative Chargediscretion under Articles 50 (Assignment & Sublease) and 34 (Encumbrances) of this Contract to disapprove such transfers:

Appears in 1 contract

Samples: Restaurant Operation

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