Common use of Transfer of Letter of Credit Clause in Contracts

Transfer of Letter of Credit. Tenant, at Tenant’s expense, shall cause the issuer of the Letter of Credit to amend the Letter of Credit to name a new beneficiary thereunder in connection with Landlord’s assignment of Landlord’s rights under this Lease to a Person that succeeds to Landlord’s interest in the Real Property, promptly after Landlord’s request from time to time.

Transfer of Letter of Credit. Tenant, at Tenant’s 's expense, shall cause the issuer of the Letter of Credit to amend the Letter of Credit to name a new beneficiary thereunder in connection with Landlord’s 's assignment of Landlord’s 's rights under this Lease to a Person that succeeds to Landlord’s 's interest in the Real Property, promptly after Landlord’s 's request from time to time.

Transfer of Letter of Credit. Tenant, at Tenant’s expense, shall cause cooperate with Landlord to the issuer of the Letter of Credit to amend the Letter of Credit to name a new beneficiary thereunder in connection with Landlord’s assignment of Landlord’s rights under this Lease to a Person that succeeds to Landlord’s interest in the Real Property, promptly after Landlord’s request from time to time.