Common use of No Change in Lessee’s Obligations Clause in Contracts

No Change in Lessee’s Obligations. After giving effect to such Transfer or other action, Lessee shall have no greater obligation or liability under this Lease as a result of such Transfer or other action, based on Applicable Legal Requirements in effect at the time of such Transfer or other action, than it would have had if the Transfer or such other action had not taken place (other than obligations indemnified by Lessor under this Lease). Upon a Permitted Sale in compliance with the terms of this Section 17.5, the transferring Lessor and its Lessor Guarantor shall be released and relieved of further liability or obligation under this Lease and its applicable Lessor Guaranty, in each such case only with respect to matters arising or accruing from and after the date of such Permitted Sale.

No Change in Lessee’s Obligations. After Immediately after giving effect to such Transfer or other actionTransfer, Lessee Lessee, as Lessee, shall have no greater obligation or liability under this Lease as a result of such Transfer or other actionTransfer, based on Applicable Legal Requirements in effect at the time of such Transfer or other actionTransfer, than it would have had if the Transfer or such other action had not taken place (other than obligations indemnified by Lessor, the transferee Lessor under this LeaseEquity Interest Owner and such Person acquiring such beneficial ownership pursuant to subsection (iv), above). Upon a Permitted Sale in compliance with the terms of this Section 17.5, the transferring No Lessor and its or Lessor Guarantor shall be released and or relieved of further any liability or obligation under this Lease and or its applicable Lessor Guaranty, Guaranty in each such case only connection with respect to matters arising or accruing from and after the date as a result of such Permitted Salea Transfer of any Lessor Equity Interest or any beneficial ownership of any Lessor Equity Interest.