Notification of Transfer of Title or Possession. The Owner shall immediately notify the Trust in the event that it transfers either the fee simple title to or its possessory interest in the whole or any part of the Property or the Buildings, including without limitation any such transfer of the Owner’s title or interest so as to create a joint tenancy or tenancy in common therein, provided that such notice shall not be required where the Owner, in leasing and licensing premises in the Buildings, retains responsibility for the alteration of any Heritage Features forming part of the licensed or leased premises, and the tenant or licensee has no authority to alter such Heritage Features or undertake regulated activities in the Setting Lands, the Views or the Framing Lands.
Notification of Transfer of Title or Possession. The Owner shall immediately notify the City in the event that it transfer either the fee simple title to or its possessory interest in the whole or any part of the Property, including, without limitation, any such transfer of the Owner’s title or interest so as to create a joint tenancy or tenancy in common therein, provided that such notice shall not be required where there the Owner, in leasing and licensing premises at the Property, retains responsibility for the alterations of any Heritage Attributes forming part of the licensed or leased premises, and the tenant or licensee has no authority to alter such Heritage Attributes.
Notification of Transfer of Title or Possession. The Owner shall immediately notify the Town in the event that it transfers either the fee simple title to or its possessory interest in the whole or any part of the Property or the Building, provided that such notice shall not be required where the Owner, in leasing and licensing premises in the Building, retains responsibility for the alteration of any Heritage Attributes forming part of the licensed or leased premises, and the tenant or licensee has no authority to alter such Heritage Attributes.
