Common use of RIGHTS UPON SALE Clause in Contracts

RIGHTS UPON SALE. If, at any time during the Term of any Supplement, Lessor decides: (i) to sell or transfer all or any part of the Property or the Wireless Support Structure thereon to a purchaser other than Lessee, or (ii) to grant to a third party by easement or other legal instrument an interest in that portion of the Property occupied by Lessee, or a larger portion thereof, for the purpose of operating and maintaining communications facilities or the management thereof, that sale or grant of an easement or interest therein shall be subject to the Supplement, and any such purchaser or transferee must recognize Lessee's rights hereunder and under the terms of the affected Supplement(s). If Lessor completes any such sale, transfer, or grant described in this paragraph without executing an assignment of the Supplement in which the third party agrees in writing to assume all obligations of Lessor under the Supplement, then Lessor shall not be released from its obligations to Lessee under the Supplement, and Lessee shall have the right to look to Lessor and the third party for the full performance of the Supplement.

RIGHTS UPON SALE. IfShould LESSOR, at any time during the Term of any Supplement, Lessor decides: Supplement decide (i) to sell or transfer all or any part of the Property or the Wireless Support Structure Building thereon to a purchaser other than LesseeLESSEE, or (ii) to grant to a third party by easement or other legal instrument an interest in and to that portion of the Building and or Property occupied by LesseeLESSEE, or a larger portion thereof, for the purpose of operating and maintaining communications facilities or the management thereof, that such sale or grant of an easement or interest therein shall be under and subject to the Supplement, Supplement and any such purchaser or transferee must shall recognize LesseeLESSEE's rights hereunder and under the terms of the affected Supplement(s)Supplement. If Lessor In the event that LESSOR completes any such sale, transfer, or grant described in this paragraph without executing an assignment of the Supplement in which whereby the third party agrees in writing to assume all obligations of Lessor LESSOR under the Supplement, then Lessor LESSOR shall not be released from its obligations to Lessee LESSEE under the Supplement, and Lessee LESSEE shall have the right to look to Lessor LESSOR and the third party for the full performance of the Supplement.

RIGHTS UPON SALE. If, at any time during the Term of any Supplement, Lessor decides: (i) to sell or transfer all or any part of the Property or the Wireless Support Structure thereon to a purchaser other than Lessee, or (ii) to grant to a third party by easement or other legal instrument an interest in that portion of the Property occupied by Lessee, or a larger portion thereof, for the purpose of operating and maintaining communications facilities or the management thereof, that sale or grant of an easement or interest therein shall be subject to the Supplement, and any such purchaser or transferee must recognize LesseeXxxxxx's rights hereunder and under the terms of the affected Supplement(s). If Lessor Xxxxxx completes any such sale, transfer, or grant described in this paragraph without executing an assignment of the Supplement in which the third party agrees in writing to assume all obligations of Lessor under the Supplement, then Lessor shall not be released from its obligations to Lessee under the Supplement, and Lessee Xxxxxx shall have the right to look to Lessor and the third party for the full performance of the Supplement.