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C liable under the provisions of this Lease, unless and until such time as it becomes, and then only for so long as it remains, the owner of the leasehold estate. 8.1.6 Foreclosure of Leasehold Deed of Trust, Foreclosure of a Leasehold Deetl of Trust, or any sale thereunder, whether by judicial proceedings or by virtue of any power contained in the Leasehold Deed of Trust, or any conveyance of the leasehold estate created hereby from Waste Management to Beneficiary through, or in lieu of, foreclosure or other appropriate proceedings in the nature thereof, shall not require the consent of City nor shall it constitute a breach of any provision of or default under this Lease, and upon such foreclosure, sale or conveyance City shall recognize Beneficiary, or any other foreclosure sale purchaser, as Waste Management hereunder. 8.1.7 Assignment of Transfer of Beneficiary's Interest. If a Beneficiary shall acquire Waste Management's interest in this Lease as a result of a sale under said Leasehold Deed of Trust pursuant to a power of sale contained therein, pursuant to a judgment of foreclosure, through any transfer in lieu of foreclosure, or through settlement of or arising out of any pending or contemplated foreclosure action, or in the event Beneficiary becomes Waste Management under this Lease or any new lease obtained pursuant to Section 8.1.8 below, such Beneficiary's right thereafter to assign or transfer this Lease or such new lease shall be subject to the requirement that the assignment or transfer must be approved by City, whose approval shall not be unreasonably withheld, conditioned or delayed, In the event Beneficiary subsequently assigns or transfers its interest under this Lease after acquiring the same by foreclosure or deed in lieu of foreclosure or subsequently assigns or transfers its interests under any new lease obtained pursuant to Section 8.1.8 and in connection with any such assignment or transfer Beneficiary takes back a deed of trust encumbering such leasehold interest to secure a portion of the purchase price given to Beneficiary for such assignment or transfer, then such Deed of Trust shall be considered a Leasehold Deed of Trust as contemplated under this Section 8.1 and Beneficiary shall be entitled to receive the benefit and enforce the provisions of this Section 8.1 and any other provisions of this Lease intended for the benefit of the holder of a Leasehold Deed of Trust. Any purchaser at a foreclosure sale other than Beneficiary, must assume this Lease and it shall have no right in respect to the Premises unless it so assumes and delivers a duplicate original of the Assumption Agreement (to be executed in form for recording) within ten (10) days after such purchaser acquires title to the Waste Management's interest in the Lease. 8.1.8. Execution of New Lease. In the event that this Lease is terminated by City on account of a default, or rejected by Waste Management or any trustee of Waste Management appointed pursuant to or in connection with any bankruptcy proceeding (and provided that an unsatisfied Leasehold Deed of Trust then stands of record), or in the event Waste Management's interest under this Lease shall be sold, assigned or transferred pursuant to the exercise of any remedy of the Beneficiary, pursuant to judicial or other proceedings, City shall immediately execute and deliver a new Lease of the Premises to Beneficiary or its nominee, purchaser, assignee or transferee, upon written request by such person or entity given within sixty (60) days after such termination, sale, assignment or transfer, for the remainder of the Lease Term with the same agreements, covenants, and conditions (except for any requirements which 62aoo9-i