TRANSFERS BY LANDLORD definition

TRANSFERS BY LANDLORD. Landlord shall have the right to transfer and assign, in whole or in part, all of its rights and obligations hereunder and in the Premises, and in such event and upon such transfer, Landlord shall be released from any obligations hereunder accruing from and after the date of transfer and Tenant agrees to look solely to such successor in interest of Landlord for the performance of obligations accruing after the date of transfer.
Sample 1
TRANSFERS BY LANDLORD. Landlord shall have the right to transfer and assign, in whole or in part, all of its rights and obligations hereunder and in the Premises, and in such event and upon such transfer, Landlord shall be released from any further obligations hereunder and Tenant agrees to look solely to such successor in interest of Landlord for the performance of such obligations. THIS LEASE, including Exhibits A and B attached hereto, is effective the 2nd day of March, 1998. LANDLORD: INTERGRAPH CORPORATION ATTEST: By: /s/ James W. Meadlock By: /s/ John W. Wixxxxxx ----------------------- --------------------- John W. Wilhoite, Vice President TENANT: UNIGRAPHICS SOLUTIONS INC. ATTEST: By: /s/ David B. Hollander By: /s/ H. Timothx Xxxxxxxx ----------------------- ------------------------ H. Timothy Hatfield, Vice President EXHIBIT A PREMISES DESCRIPTION The Premises shall be described as a single story industrial building consisting of approximately 37,600 square feet. The floor is poured concrete, walls are concrete block covered by industrial coating and the roof structure is a flat composite. Heating and cooling units are located on the Premises. EXHIBIT B COMMON AREA DESCRIPTION (Map of Site Layout, Intergraph Corporation, Huntsville, Alabama) AGREEMENT FOR ENGINEERING SERVICES This Agreement for Engineering Services ("Agreement") is entered this 2nd day of March, 1998, by and between Intergraph Corporation (hereinafter referred to as "Intergraph"), a Delaware corporation with its principal business location of One Madison Industrial Park, Huntsville, Xxxxxxx 00000 xxx Xxxxxxxxxxx Xxxxxxxxx Xxx. (xxxxxxafter referred to as "USI"), a Delaware corporation with its principal business location of 13736 Riverport Drive, Maryland Heights, Mixxxxxx 00000.
Sample 1

Examples of TRANSFERS BY LANDLORD in a sentence

  • Permitted Transfers/Permitted Business Occupants 22 ARTICLE 12 - TRANSFERS BY LANDLORD; SUBORDINATION 23 Section 12.01.

  • On the other hand, the explana­ tion of lack of faith as the reason miracles do not happen is found very little in John, as a contrast to its prevalent role in the Synoptics.

  • LANDLORD'S RIGHT TO ACQUIRE LEASEHOLD INTEREST; TRANSFERS BY LANDLORD.......................................................................................

  • LANDLORD'S RIGHT TO ACQUIRE LEASEHOLD INTEREST; TRANSFERS BY LANDLORD............................

  • TRANSFERS BY LANDLORD In the event of a sale or conveyance by Landlord of the Project, the same shall operate to release Landlord from any liability upon any of the covenants or conditions, express or implied, herein contained in favor of Xxxxxx (provided that the transferee agrees to assume Xxxxxxxx's obligations under the Lease), and in such event Xxxxxx agrees to look solely to the responsibility of the successor in interest of Landlord in and to this Lease.

  • TRANSFERS BY LANDLORD --------------------- 16.01 Sale and Conveyance of the Building 16.02 Subordination XVII.

Related to TRANSFERS BY LANDLORD

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Successor Landlord shall have the meaning given such term in Section 20.2.

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • and Lessor s agents shall have the right to enter the Premises at any time, in the case of an emergency, and otherwise at reasonable times for the purpose of showing the same to prospective purchasers, lenders, or lessees, and making such alterations, repairs, improvements or additions to the Premises or to the Building, as Lessor may reasonably deem necessary. Lessor may at any time place on or about the Premises or Building any ordinary "For Sale" signs and Lessor may at any time during the last one hundred eighty (180) days of the term hereof place on or about the Premises any ordinary "For Lease" signs. All such activities of Lessor shall be without abatement of rent or liability to Lessee.

  • Tenants means the tenants under the Leases.

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition, Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 12 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Contract of Sale means a contract for the sale of an object by a seller to a buyer which is not an agreement as defined in (a) above;

  • Common Areas is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Project and interior utility raceways and installations within the Unit that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other tenants of the Project and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, walkways, driveways and landscaped areas.

  • Tenant’s Personal Property means all motor vehicles, Inventories, FAS and any other tangible personal property of Tenant, if any, acquired by Tenant at its election and with its own funds on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Proprietary Information.

  • this Lease means the relevant portion of Articles 1 through 29 of this Office Lease to which this Tenant Work Letter is attached as EXHIBIT B and of which this Tenant Work Letter forms a part, and all references in this Tenant Work Letter to sections of "this Tenant Work Letter" shall mean the relevant portion of Sections 1 through 7 of this Tenant Work Letter.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Landlord Parties means Landlord and Property Manager and their respective officers, directors, partners, shareholders, members and employees.

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Bxxx of Sale has the meaning set forth in Section 3.02(a)(i).

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Landlord shall have the meaning given such term in the preambles to this Agreement and shall also include their respective permitted successors and assigns.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.