Common use of Assignment by the Landlord Clause in Contracts

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.

Appears in 2 contracts

Samples: Office Lease (Adexa Inc), Office Lease (Adexa Inc)

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Assignment by the Landlord. If there is a In the event of the sale, lease or other disposition by the Landlord of the Building and the Lands, 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, shall thereupon and without further agreement, be freed and relieved of all liability with respect to its such covenants and obligations.

Appears in 2 contracts

Samples: Net Lease, Net Lease

Assignment by the Landlord. If there is a sale, lease or other disposition by the Landlord of the Building and and/or the Lands, 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 further liability with respect to its covenants and obligations.

Appears in 1 contract

Samples: General Security Agreement (Geac Computer Corp LTD)

Assignment by the Landlord. If there is a sale, lease Lease or other disposition by the Landlord of the Building and or the Lands, Lands or any part thereof, thereof or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, 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 further liability with respect to its covenants and obligations.

Appears in 1 contract

Samples: Ironside Technologies Inc

Assignment by the Landlord. If there is a sale, lease or other disposition by the Landlord of the Building and Building, Property, the Lands, Project 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 assumed 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.

Appears in 1 contract

Samples: Office Lease (Delano Technology Corp)

Assignment by the Landlord. If there is a sale, lease or other disposition by the Landlord of the Building and the Lands, Property or any part thereof, or the assignment by the Landlord of this Lease or any interest 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 further liability with respect to its covenants and obligations.

Appears in 1 contract

Samples: Infowave Software Inc

Assignment by the Landlord. If there is a In the event of the sale, lease or other disposition by the Landlord of the Building Demised Premises and the Lands, 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 willshall, thereupon and without further agreement, be freed and relieved of all liability with respect to its such covenants and obligations.

Appears in 1 contract

Samples: Lease

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Assignment by the Landlord. If there is a sale, lease or other disposition by the Landlord of the Building and and/or the Lands, Lands or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and then 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 further liability with respect to its covenants and obligations.. INITIALS Tenant Landlord

Appears in 1 contract

Samples: Lease (Nayarit Gold Inc.)

Assignment by the Landlord. If there is a sale, lease or other disposition by the Landlord of the Building and the Lands, Property or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and then to the extent that the purchaser or assignee thereof assumes the covenants and obligations of the Landlord hereunderunder this Lease, the Landlord will, thereupon and without further agreement, be relieved of released from all liability with respect to its covenants and obligationsthereto.

Appears in 1 contract

Samples: Lease (Vialta Inc)

Assignment by the Landlord. If there is a sale, lease or other disposition by the Landlord of the Building and the Lands, Property 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 further liability with respect to its covenants and obligations.

Appears in 1 contract

Samples: Industrial Lease (Iron Age Corp)

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