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<br />v <br />the restrictions or prohibitions of this Ground Lease, including any then- <br />existing default or breach, and such restrictions or prohibitions shall apply to <br />each successive Transfer, and (ii) such Transfer shall relieve the transferring <br />Lessee of its liability under this Ground Lease and such transferring Lessee <br />shall be released from performance of any of the terms, covenants and <br />conditions of this Ground Lease upon such Transfer, and thereafter the <br />assignee Lessee shall be liable under this Ground Lease, provided that the <br />assigning Lessee shall retain all indemnification obligations pursuant to this <br />Ground Lease, and shall remain responsible for any obligations hereunder <br />which arose prior to the effective date of the assignment and assumption <br />agreement. As used herein, “Permitted Transferee” means a person or entity <br />(i) that possesses the experience and qualifications necessary for the proper <br />performance of Lessee’s obligations under this Ground Lease following <br />completion of the Project, and (ii) that possesses the financial resources <br />typical of owners of similar projects. .............................................................22 <br />Section 7.2 Permitted Transfer by Lessee. ....................................................................23 <br />ARTICLE 8. Insurance ...............................................................................................................23 <br />Section 8.1 Required Insurance Coverage. ....................................................................23 <br />Section 8.2 Insurance Policies and Premiums. ..............................................................24 <br />Section 8.3 Proceeds of Insurance. .................................................................................25 <br />Section 8.4 Limitation of Liability. .................................................................................25 <br />ARTICLE 9. MAINTENANCE, ALTERATIONS, REPAIRS AND REPLACEMENTS ...26 <br />Section 9.1 Maintenance of Leased Premises and Landscaping. .................................26 <br />Section 9.2 Landscaping Maintenance. ..........................................................................26 <br />Section 9.3 Alterations to Leased Premises. ..................................................................27 <br />Section 9.4 Indemnifications. ..........................................................................................27 <br />ARTICLE 10. HAZARDOUS MATERIALS ...........................................................................28 <br />Section 10.1 Hazardous Materials. .................................................................................28 <br />Section 10.2 Hazardous Materials Indemnification. .....................................................29 <br />ARTICLE 11. REPRESENTATIONS AND WARRANTIES .................................................30 <br />Section 11.1 Representations, Warranties and Covenants of Lessor. .........................30 <br />Section 11.2 Representations, Warranties and Covenants of Lessee..........................30 <br />ARTICLE 12. EMINENT DOMAIN .........................................................................................31 <br />DocuSign Envelope ID: 6E2EA799-6D74-41E3-B3EE-3CD67DC0ACD0