Assignment by City. If City sells or otherwise transfers the Premises or if City assigns its interest in this Lease, such purchaser, transferee, or assignee thereof shall be deemed to have assumed City's obligations under this Lease arising after the date of such transfer, and City shall thereupon be relieved of all liabilities under this Lease arising thereafter, but this Lease shall otherwise remain in full force and effect. Lessee shall attorn to City's successor, which assumes and agrees to perform all of City’s obligations under this Lease.
Appears in 1 contract
Samples: Lease Agreement
Assignment by City. If City sells or otherwise transfers the Premises Premises, or if City assigns its interest in this Lease, such purchaser, transferee, or assignee thereof shall be deemed to have assumed City's obligations under this Lease arising after the date of such transfer, and City shall thereupon be relieved of all liabilities under this Lease arising thereafter, but this Lease shall otherwise remain in full force and effect. Lessee shall attorn to City's successor, which assumes and agrees to perform all of City’s obligations under this Lease.Lease.
Appears in 1 contract
Samples: Lease Agreement
Assignment by City. If City sells or otherwise transfers the Premises Premises, or if City assigns its it interest in this Lease, such purchaser, transferee, or assignee thereof there shall be deemed to have assumed City's ’s obligations under this Lease arising after the date of such transfer, and City shall thereupon be relieved of all liabilities under this Lease arising thereafter, but this Lease shall otherwise remain in full force and effect. Lessee shall attorn to City's ’s successor, which assumes and agrees to perform all of City’s obligations under this Lease..
Appears in 1 contract
Samples: Lease Agreement
Assignment by City. If City sells or otherwise transfers the Premises Building, or if City assigns or sells its interest in this Lease, such purchaser, transferee, or assignee thereof shall be deemed to have assumed City's obligations under this Lease arising after the date of such transfer, and City shall thereupon be relieved of all liabilities under this Lease arising thereafter, but this Lease shall otherwise remain in full force and effect. Lessee shall attorn to City's successor, which assumes and agrees to perform all of City’s obligations under this Lease.Lease.
Appears in 1 contract
Samples: Lease Agreement