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

No Change in Tenant’s Obligations. Immediately after giving effect to such Transfer, Tenant’s obligations and liabilities under this Lease as a result of such Transfer, based on Applicable Legal Requirements in effect at the time of such Transfer, shall be unaffected (unless Landlord and Landlord Guarantor have provided an indemnity to Tenant, Tenant Indemnified Parties and any Tenant lenders in form and substance reasonably acceptable to Tenant based on any such different obligations). Upon a Permitted Equity Transfer in compliance with the terms of this Section 17.5(c), and only if the transferee is the Landlord Majority Owner, the 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 Equity Transfer, but for greater certainty, neither Landlord nor Landlord Guarantor shall be released from their obligations described in Section 17.5(c).

No Change in Tenant’s Obligations. Immediately after After giving effect to such TransferTransfer or other action, Tenant’s obligations and or liabilities under this Lease as a result of such TransferTransfer or other action, based on Applicable Legal Requirements in effect at the time of such Transfer, Transfer or other action 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 Equity Transfer Sale in compliance with the terms of this Section 17.5(c), and only if the transferee is the Landlord Majority Owner17.5, 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 Equity TransferSale, but for greater certainty, neither Landlord nor Landlord Guarantor shall be released from their obligations under the indemnities described in Section 17.5(c17.5(b)(xi).

No Change in Tenant’s Obligations. Immediately after After giving effect to such TransferTransfer or other action, Tenant’s obligations and or liabilities under this Lease as a result of such TransferTransfer or other action, based on Applicable Legal Requirements in effect at the time of such Transfer, Transfer or other action 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 Equity Transfer Sale in compliance with the terms of this Section 17.5(c), and only if the transferee is the Landlord Majority Owner17.5 , 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 Equity TransferSale, but for greater certainty, neither Landlord nor Landlord Guarantor shall be released from their obligations under the indemnities described in Section 17.5(c)17.5(b)(xi) .

No Change in Tenant’s Obligations. Immediately after giving effect to such Transfer, Tenant’s obligations and liabilities under this Lease as a result of such Transfer, based on Applicable Legal Requirements in effect at the time of such Transfer, shall be unaffected (unless Landlord and Landlord Guarantor have provided an indemnity to Tenant, Tenant Indemnified Parties and any Tenant lenders in form and substance reasonably acceptable to Tenant based on any such different obligations). Upon a Permitted Equity Transfer in compliance with the terms of this Section 17.5(c)) , and only if the transferee is the Landlord Majority Owner, the 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 Equity Transfer, but for greater certainty, neither Landlord nor Landlord Guarantor shall be released from their obligations described in Section 17.5(c)) .