Assignment by the Landlord Sample Clauses
Assignment by the Landlord. If there is a sale, lease or other disposition by the Landlord of the Building and the Lands, or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that the purchaser or assignee thereof assumes the covenants and obligations of the Landlord hereunder, the Landlord will, thereupon and without further agreement, be relieved of all liability with respect to its covenants and obligations.
Assignment by the Landlord. If the Landlord transfers the Demised Premises and if the transferee executes an assumption of this Lease and the Contribution Agreement, each in a form and content acceptable to the Tenant, then the Landlord shall be relieved of all liability under this Lease after the date of such transfer.
Assignment by the Landlord. If the Landlord sells or transfers any portion of the Premises or any interest of the Landlord in the Lease, the Landlord shall be released from its obligations under the Lease to the extent that the transferee or owner assumes all of the Landlord’s obligations under the Lease.
Assignment by the Landlord. In the event of the transfer and assignment by the Landlord of his interest in this Lease and/or Farm the transferee or assignee shall expressly assume the Landlord's obligations under this Lease, and the Landlord shall thereby be released from any further obligations thereunder, and the Tenant agrees to look solely to such transferee or assignee for performance of such obligations.
Assignment by the Landlord. The Landlord shall have the unrestricted right to sell, lease, convey or otherwise dispose of the Property or any part thereof and this lease, including the right to mortgage this lease. To the extent that the purchaser or assignee from the Landlord assumes the obligations of the Landlord under this lease, the Landlord shall thereupon and without further agreement be released of all liability under this lease.
Assignment by the Landlord. The Landlord, at any time and from time to time, may sell, transfer, lease, assign or otherwise dispose of the whole or any part of its interest in the Complex, and at any time and from time to time may enter into any Mortgage of the whole or any part of its interest in the Complex. If the party acquiring such interest shall have agreed, so long as it holds such interest, to assume and to perform each of the covenants, obligations and agreements of the Landlord under this Lease in the same manner and to the same extent as if originally named as the Landlord in this Lease, the Landlord shall thereupon be released from all of its covenants and obligations under this Lease.
Assignment by the Landlord. If there is a sale, lease or other disposition by the Landlord of the Building and/or the Lands or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that the purchaser or assignee assumes the covenants and obligations of the Landlord hereunder, the Landlord will, thereupon and without further agreement, be relieved of all further liability with respect to its covenants and obligations.
Assignment by the Landlord. LANDLORD DECLARES that it may assign its rights under this Lease to a lending institution as collateral security for a loan to the Landlord and in the event that such an assignment is given and executed by the Landlord and notification thereof is given to the Tenant by or on behalf of the Landlord, it is expressly agreed between the Landlord and the Tenant that this Lease shall not be cancelled or modified for any reason whatsoever except as provided for, anticipate or permitted by the Terms of this Lease or by law, without the consent in writing of such Lending Institution. TENANT COVENANTS AND AGREES WITH LANDLORD that it will, if and whenever reasonably required by Landlord and at Landlord's expense to consent to and become a party to any instrument relating to this Lease which may be required by or on behalf of any purchaser, bank or mortgagee from time to time of the said premises provided, always, that the rights of the Tenant as hereinbefore set out not be altered or varied by the terms of such instrument or document. LIMITATIONS OF THE LANDLORD'S LIABILITY
Assignment by the Landlord. If the Landlord sells, leases, transfers or otherwise assigns all or any part of the Building or if it assigns this Lease or any interest therein, the Landlord shall be released of any responsibility with respect to all of its obligations pursuant to this Lease or at law as of the date of such sale, lease, transfer or assignment if such purchaser or assignee assumes the Landlord’s obligations hereunder or at law.
Assignment by the Landlord. In the event of the sale, lease or disposition by the Landlord of the Building or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder other than by way of security, the Landlord shall, thereupon and without further agreement, be freed and relieved of all liability with respect to such covenants and obligations. Provided that any funds in the hands of the Landlord at the time of such sale, lease, disposition or assignment shall be turned over to the Person in respect of which the Landlord is entering into the sale, lease, disposition or assignment.