The Lessor hereby covenants with the Lessee, subject to the due performance and observance of all covenants on the part of the Lessee, that the Lessor has the right to lease the Leased Premises.
The Lessor further covenants to inform any person to whom it may transfer or encumber the Leased Premises by way of sale or otherwise of the terms and conditions of the lease subsisting at that time and that such transfer or encumbrance shall be subject to the limitations, conditions and restrictions of this Agreement.