Common use of Liability of Sublessor Clause in Contracts

Liability of Sublessor. In the event of a transfer of Sublessor's interest in the Master Lease, or in this Sublease, it shall be deemed without further agreement between the parties and such transferee that the transferee has assumed and agreed to observe and perform all obligations of the Sublessor hereunder. Notwithstanding any such transfer, Sublessor shall be and remain liable to Sublessee for the observance and performance of all obligations of the Sublessor hereunder, and for breach of any of the representations and warranties made by Sublessor herein.