Common use of ASSIGNMENT OF LANDLORD'S INTEREST IN LEASE Clause in Contracts

ASSIGNMENT OF LANDLORD'S INTEREST IN LEASE. Landlord shall have the right to transfer and assign, in whole or in part, its rights and obligations with respect to the Project and premises that are the subject of this Lease, including Tenant's security deposit. In such event, Landlord shall be released from any further obligation under this Lease and Tenant agrees to look solely to Landlord's successor for the performance of such obligations.

Appears in 6 contracts

Samples: Commercial Lease Agreement (Monitronics International Inc), Commercial Lease Agreement (Migratec Inc), Commercial Lease Agreement (Avanex Corp)

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ASSIGNMENT OF LANDLORD'S INTEREST IN LEASE. Landlord shall have the right to transfer and assign, in whole or in part, its rights and obligations with respect to the Project Project, the Leased Premises, and premises that are the subject of this Lease, including Tenant's security depositSecurity Deposit. In Upon and after such eventtransfer, Landlord shall be released from any further obligation under this Lease and Tenant agrees to look solely to Landlord's successor for the performance of such obligations.

Appears in 3 contracts

Samples: Commercial Lease Agreement (Adams Golf Inc), Commercial Lease Agreement (Adams Golf Inc), Commercial Lease Agreement (HPL Technologies Inc)

ASSIGNMENT OF LANDLORD'S INTEREST IN LEASE. Landlord shall have the right to transfer and end assign, in whole or in part, its rights and obligations with respect to the Project and premises that are the subject of this Lease, including Tenant's security deposit. In such event, Landlord shall be released from any further obligation under this Lease and Tenant agrees to look solely to Landlord's successor for the performance of such obligations.

Appears in 1 contract

Samples: Commercial Lease Agreement (Monitronics International Inc)

ASSIGNMENT OF LANDLORD'S INTEREST IN LEASE. Landlord shall have the right to transfer and end assign, in whole or in part, its rights and obligations with respect to the Project and premises that are the subject of this Lease, including Tenant's security deposit. In such event, Landlord shall be released from any further obligation under this Lease and Tenant agrees to look took solely to Landlord's successor for the performance of such obligations.

Appears in 1 contract

Samples: Commercial Lease Agreement (Monitronics International Inc)

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ASSIGNMENT OF LANDLORD'S INTEREST IN LEASE. Landlord shall have the right to transfer and assign, in whole or in part, its rights and obligations with respect to the Project and premises that are the subject of this Lease, including Tenant's security deposit. In such event, Landlord shall be released from any further obligation obligations under this Lease and Tenant agrees to look solely to Landlord's successor for the performance of such obligations.

Appears in 1 contract

Samples: Lease Agreement (Bell Microproducts Inc)

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