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

No Change in Tenant’s Obligations. After giving effect to such Transfer or other action, Tenant’s obligations or liabilities 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 shall be unaffected (unless Landlord and Landlord Guarantor have provided an indemnity to Tenant, Tenant Indemnified Parties and any lenders to Tenant, in form and substance reasonably acceptable to Tenant, based on any such different obligations). Upon a Permitted Sale in compliance with the terms of this Section 17.5, the transferring Landlord and its Landlord Guarantor shall be released and relieved of further liability or obligation under this Lease and its applicable Landlord Guaranty, in each such case only with respect to matters arising or accruing from and after the date of such Permitted Sale, but for greater certainty, neither Landlord nor Landlord Guarantor shall be released from their obligations under the indemnities described in Section 17.5(b)(xi).

No Change in Tenant’s Obligations. After Immediately after giving effect to such Transfer or other actionTransfer, Tenant’s obligations or and liabilities 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 action Transfer, shall be unaffected (unless Landlord and Landlord Guarantor have provided an indemnity to Tenant, Tenant Indemnified Parties and any Tenant lenders to Tenant, in form and substance reasonably acceptable to Tenant, Tenant based on any such different obligations). Upon a Permitted Sale Equity Transfer in compliance with the terms of this Section 17.517.5(c), and only if the transferee is the Landlord Majority Owner, the transferring Landlord and its Landlord Guarantor shall be released and relieved of further liability or obligation under this Lease and its applicable Landlord Guaranty, in each such case only with respect to matters arising or accruing from and after the date of such Permitted SaleEquity Transfer, but for greater certainty, neither Landlord nor Landlord Guarantor shall be released from their obligations under the indemnities described in Section 17.5(b)(xi17.5(c).

No Change in Tenant’s Obligations. After giving effect to such Transfer or other action, Tenant’s obligations or liabilities 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 shall be unaffected (unless Landlord and Landlord Guarantor have provided an indemnity to Tenant, Tenant Indemnified Parties and any lenders to Tenant, in form and substance reasonably acceptable to Tenant, based on any such different obligations). Upon a Permitted Sale in compliance with the terms of this Section 17.517.5 , the transferring Landlord and its Landlord Guarantor shall be released and relieved of further liability or obligation under this Lease and its applicable Landlord Guaranty, in each such case only with respect to matters arising or accruing from and after the date of such Permitted Sale, but for greater certainty, neither Landlord nor Landlord Guarantor shall be released from their obligations under the indemnities described in Section 17.5(b)(xi)) .

No Change in Tenant’s Obligations. After Immediately after giving effect to such Transfer or other actionTransfer, Tenant’s obligations or and liabilities 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 action Transfer, shall be unaffected (unless Landlord and Landlord Guarantor have provided an indemnity to Tenant, Tenant Indemnified Parties and any Tenant lenders to Tenant, in form and substance reasonably acceptable to Tenant, Tenant based on any such different obligations). Upon a Permitted Sale Equity Transfer in compliance with the terms of this Section 17.517.5(c) , and only if the transferee is the Landlord Majority Owner, the transferring Landlord and its Landlord Guarantor shall be released and relieved of further liability or obligation under this Lease and its applicable Landlord Guaranty, in each such case only with respect to matters arising or accruing from and after the date of such Permitted SaleEquity Transfer, but for greater certainty, neither Landlord nor Landlord Guarantor shall be released from their obligations under the indemnities described in Section 17.5(b)(xi)17.5(c) .