Common use of Owner’s Assignment Clause in Contracts

Owner’s Assignment. Owner shall have the right to assign, convey, encumber, sublease, grant any concession, or license or otherwise transfer all or any part of its interest in this Agreement or the Property except as outlined in paragraph 23.3 below. No change in ownership of Owner’s interest in the Property shall affect Lessee’s obligations under this Agreement unless and until Owner delivers and Lessee receives copies of the documents which demonstrate the change in ownership of Owner’s interest. Until Lessee receives Owner’s notice and the documents required to be delivered under this Section, Lessee may continue to make all payments under this Agreement as if the transfer of Owner’s ownership interest had not occurred. No division of Owner’s ownership as to all or any part of the Property shall enlarge Lessee’s obligation or diminish Lessee’s rights under this Agreement.

Owner’s Assignment. Owner shall have the right to assign, convey, encumber, sublease, grant any concession, or license or otherwise transfer all or any part of its interest in this Agreement or the Property except as outlined in paragraph 23.3 below. No change in ownership of Owner’s 's interest in the Property shall affect Lessee’s 's obligations under this Agreement unless and until Owner delivers and Lessee receives copies of the documents which demonstrate the change in ownership of Owner’s 's interest. Until Lessee receives Owner’s 's notice and the documents required to be delivered under this Section, . Lessee may continue to make all payments under this Agreement as if the transfer of Owner’s 's ownership interest had not occurred. No division of Owner’s 's ownership as to all or any part of the Property shall enlarge Lessee’s 's obligation or diminish Lessee’s 's rights under this Agreement.