Common use of Liability of Leasehold Mortgagee Clause in Contracts

Liability of Leasehold Mortgagee. No Leasehold Mortgagee shall be or become liable to Landlord as an assignee of this Lease or otherwise until it expressly assumes by written instrument such liability, and no assumption shall be inferred or result from foreclosure or other appropriate proceedings in the nature thereof or as the result of any other action or remedy provided for by any mortgage or deed of trust or other instrument executed in connection with such Leasehold Mortgage or from a conveyance from Tenant pursuant to which the purchaser at foreclosure or grantee shall acquire the rights and interests of Tenant under the terms of this Lease.

Liability of Leasehold Mortgagee. No Leasehold Mortgagee shall be or become liable to Landlord Lessor as an assignee of this Lease or otherwise until it expressly assumes by written instrument such liability, and no assumption shall be inferred or result from foreclosure or other appropriate proceedings in the nature thereof or as the result of any other action or remedy provided for by any mortgage or deed of trust or other instrument executed in connection with such Leasehold Mortgage leasehold mortgage or from a conveyance from Tenant Lessee pursuant to which the purchaser at foreclosure or grantee shall acquire the rights and interests of Tenant Lessee under the terms of this Lease.

Liability of Leasehold Mortgagee. No Leasehold Mortgagee shall be or become liable to the Landlord as an assignee of this Lease or otherwise until it expressly assumes by written instrument such liability, and no assumption shall be inferred or result from foreclosure or other appropriate proceedings in the nature thereof or as the result of any other action or remedy provided for by any mortgage or deed of trust or other instrument executed in connection with such Leasehold Mortgage or from a conveyance from the Tenant pursuant to which the purchaser at foreclosure or grantee shall acquire the rights and interests of the Tenant under the terms of this Lease.

Liability of Leasehold Mortgagee. No Leasehold Mortgagee shall be or become liable to Landlord District as an assignee of this Lease or otherwise until it expressly assumes by written instrument such liability, and no assumption shall be inferred or result from foreclosure or other appropriate proceedings in the nature thereof or as the result of any other action or remedy provided for by any mortgage or deed of trust Leasehold Mortgage or other instrument executed in connection with such Leasehold Mortgage or from a conveyance from Tenant pursuant to which the purchaser at foreclosure or grantee shall acquire the rights and interests of Tenant under the terms of this Lease.