Rights of Successors. All of the rights and obligations of the parties under this Lease shall bind and inure to the benefit of their respective heirs, successors and assigns; provided, however, that nothing in this Section 14.6 shall be construed to limit or waive the provisions concerning restrictions on Transfer set forth in Article 8 hereof.
Rights of Successors. If any Mortgage is foreclosed, or Landlord’s interest under this lease is conveyed or transferred in lieu of foreclosure, or if any Ground Lease is terminated:
Rights of Successors. Every successor trustee shall have all the title, rights, powers, privileges and duties conferred on or imposed upon the original trustee, without any conveyance or transfer. No successor trustee shall be responsible for any act or omission to act on the part of any previous trustee. Upon accepting the Trust, a Successor Trustee shall be substituted for and have the same rights and powers, discretionary or otherwise, as the original Trustee. A Successor Trustee shall be under no obligation to inquire into the acts or to examine the accounts of any prior Trustee and shall not be liable for acts, omissions or failures to account properly prior to qualification.
Rights of Successors. Subject to the applicable provisions of the SNDA with respect to the current First Mortgage, if any Mortgage is foreclosed, or Landlord’s interest under this Lease is conveyed or transferred in lieu of foreclosure, or if any Ground Lease is terminated:
Rights of Successors. The easements, restrictions, benefits and obligations hereunder shall create mutual benefits and servitudes running with the land. This Agreement shall bind and inure to the benefit of the parties hereto, their respective heirs, representatives, lessees, successors and assigns. The singular number includes the plural and the masculine gender includes the feminine and neuter. Notwithstanding any terms or conditions to the contrary, a successor-in-interest to Wal-Mart as to a portion, but not as to the whole, of Tract 1, shall be entitled to enforce only Sections 2.1, 2.3, 2.4 and 2.6 against Xxxxxx, and no other sections herein.
Rights of Successors. All of the rights and obligations under this Lease shall bind and inure to the benefit of the heirs, personal representatives, successors and assigns of the parties hereto.
Rights of Successors. The rights, restrictions, benefits and obligations hereunder shall be binding on and inure to the benefit of the owners of the Condo Tract and the Office Tract and their respective heirs, representatives, lessees, successors and assigns.
Rights of Successors. Subject to the terms of Sections 7 (default) and 14 (assignment and subletting) above, all of the rights and obligations of Landlord and Tenant under this Lease shall bind and inure to the benefit of their respective heirs, personal representatives, successors and assigns.
Rights of Successors. The easements, restrictions, benefits and obligations hereunder shall create mutual benefits and servitudes running with the land. This Declaration shall be binding upon and shall inure to the benefit of the parties hereto and their successors and assigns. The singular number includes the plural and the masculine gender includes the feminine and neuter.
Rights of Successors. If any Mortgage is foreclosed, or Landlord's interest under this Lease is conveyed or transferred in lieu of foreclosure, or if any Ground Lease is terminated: (i) no person or entity which as the result of any of the foregoing has succeeded to the interest of Landlord in this Lease (any such person or entity being hereafter called a "Successor") shall be liable for any default by Landlord or any other matter which occurred prior to the date such Successor succeeded to Landlord's interest in this Lease (subject to the terms set forth below in this subsection (i)), nor shall such Successor be bound by or subject to any offsets or defenses which Tenant may have against Landlord or any other predecessor in interest to such Successor (provided further, however, that nothing herein shall be deemed to limit such Successor's service or repair obligations under this Lease which are required to be performed from and after the date such Successor succeeds to Landlord's interest hereunder, and nothing herein shall limit, in any event, Tenant's exercise of any rental abatement expressly permitted under Section 8 of this Lease).
