UNAUTHORIZED TRANSFERS. Without any limitation of the foregoing, in the event that Lessee assigns, pledges or otherwise transfers all or a portion of Lessee's interest in this Lease and/or the Project to a trustee under a trust deed without the prior written approval of Lessor (“Unauthorized Encumbrancer”), such assignment or transfer shall be subject to the following conditions:
Appears in 4 contracts
Samples: Joint Purchase Agreement, Joint Purchase Agreement, Joint Purchase Agreement
UNAUTHORIZED TRANSFERS. Without any limitation of the foregoing, in the event that Lessee assigns, pledges or otherwise transfers all or a portion of Lessee's ’s interest in this Lease and/or the Project to a trustee under a trust deed or a mortgagee under a mortgage for the benefit of an institutional or other bona fide lender for value without the prior written approval of Lessor (“Unauthorized Encumbrancer”), such assignment or transfer shall be subject to the following conditions:
Appears in 3 contracts
Samples: Joint Purchase Agreement, Joint Purchase Agreement, Joint Purchase Agreement
UNAUTHORIZED TRANSFERS. Without any limitation of the foregoing, in the event that Lessee assigns, pledges or otherwise transfers all or a portion of LesseeXxxxxx's interest in this Lease and/or the Project to a trustee under a trust deed without the prior written approval of Lessor (“Unauthorized Encumbrancer”), such assignment or transfer shall be subject to the following conditions:
Appears in 1 contract
Samples: Joint Purchase Agreement
