Requirement to Cause Successors to Be Bound Sample Clauses

Requirement to Cause Successors to Be Bound. In the event of any sale, transfer, conveyance, or assignment, excepting any deed of trust, mortgage, or similar instrument granted by the Bound Recology Companies, of a Subject Property, including any sale, transfer, conveyance, or assignment to a direct or indirect subsidiary of Recology Inc., and where the Subject Property continues to be used to provide substantially similar service to San Francisco ratepayers, no Transfer shall be deemed to have occurred if the Bound Recology Companies cause the transferee to be bound by the provisions of this Article 10 with respect to that Subject Property.
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