Common use of Assignment by the Landlord Clause in Contracts

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. 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.. -5-