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Mortgagee pursuant to Section 15.7, below, provided Lessor are provided with the necessary and <br />adequate documents related to the new lease requirements in the Leasehold Mortgage as described <br />in Section 15.7. <br />16.6.4. So long as any Leasehold Mortgagee is complying with Sections 15.6.1 and <br />15.6.2 above, then upon the acquisition of Tenant's Leasehold Estate by a Leasehold Foreclosure <br />Transferee, this Lease shall continue in full force and effect as if Tenant had not defaulted under <br />this Lease; provided that no Leasehold Foreclosure Transferee shall have any liability for the <br />performance of any of the Tenant's obligations under this Lease until the Leasehold Foreclosure <br />Transferee has acquired the Tenant's interest under the Lease, and then the Leasehold Foreclosure <br />Transferee shall be liable for the performance of only those obligations of the Tenant arising from <br />and after the effective date of the Leasehold Foreclosure Transferee's acquisition of the Tenant's <br />Leasehold Estate. Any such Leasehold Foreclosure Transferee shall be deemed to be an assignee <br />or transferee and shall be deemed to have agreed to perform all of the terms, covenants and <br />conditions on the part of the Tenant to be performed hereunder from and after the effective date <br />on which such Leasehold Foreclosure Transferee acquires title to the Leasehold Estate, but only <br />for so long as such purchaser or assignee is the owner of the leasehold estate. <br />16.6.5. Any Leasehold Mortgagee (or its designee) that becomes a Leasehold <br />Foreclosure Transferee, upon acquiring title to Tenant's Leasehold Estate without obtaining <br />Lessor's consent and provided it is not in default of any of the provisions of this Lease, shall have <br />a one-time right to assign the Leasehold Estate to Habitat. Upon such assignment, the Leasehold <br />Foreclosure Transferee shall automatically be released of all obligations thereafter accruing under <br />this Lease. Any subsequent Transfers occurring except for the one-time assignment permitted <br />under this Section shall be subject to Article X. <br />16.7 Leasehold Mortgagee's Right to New Lease. <br />16.7.1. In the event of any termination of this Lease (including any termination <br />because of an Event of Default, or because of any rejection or disaffirmance of this Lease pursuant <br />to bankruptcy law or any other law affecting creditor's rights, but other than by reason of a Total <br />Taking), Lessor shall give prompt written notice of such termination to each Leasehold Mortgagee <br />and shall (subject to Section 15.8 below if more than one Leasehold Mortgagee then exists) enter <br />into a new lease ("New Lease") of the Premises with the Leasehold Mortgagee holding the <br />Leasehold Mortgage that has the most senior lien priority, in accordance with Section 15.8 below, <br />or its designee, upon notice to Lessor by such Leasehold Mortgagee. The New Lease shall <br />commence as of its effective date and shall continue for the remainder of the scheduled Term of <br />this Lease, at the same Rent that is payable under this Lease, and on the same terms, conditions, <br />covenants, restrictions and reservations that are contained in this Lease (including any extension <br />options, purchase options and rights of first refusal, if any, provided for in this Lease), and subject <br />to the rights of any tenants under residential subleases or other subtenants then in valid occupancy <br />of the Premises and Improvements and further subject to any then existing senior Leasehold <br />Mortgagees; provided that, substantially concurrently with the delivery of a notice by Leasehold <br />Mortgagee requiring Lessor to enter into a New Lease, Leasehold Mortgagee shall pay to Lessor <br />all Rent or any other amounts payable by Tenant hereunder which are then due and shall commence <br />and proceed with diligence to cure all nonmonetary defaults under this Lease, other than those <br />Page133 <br />80A-100 <br />