ASSIGNMENT OR TRANSFER BY LANDLORD Sample Clauses

ASSIGNMENT OR TRANSFER BY LANDLORD. No assignment or transfer of the Lease by Landlord shall be binding on Tenant unless the assignee or transferee shall assume and agree to be bound by the terms of the Lease and until notice of assignment or transfer together with an executed copy of such assignment or transfer instrument is received by Tenant.
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ASSIGNMENT OR TRANSFER BY LANDLORD. Section 25.01 Subject to this Lease, Landlord shall have ------------- the right, upon notice to Tenant, to assign, sell or transfer, any or all of its rights, title and privileges to the Demised Premises or this Lease. Upon Landlord's written notice to Tenant of any such sale, assignment or transfer, Landlord shall be relieved of any liability arising after the date of such sale or assignment.
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ASSIGNMENT OR TRANSFER BY LANDLORD. Landlord shall have the right to transfer its interest in the Premises to another financial institution with a capitalization in excess of $50,000,000.00 without Tenant's approval; provided, however, that the transferee financial institution continues to satisfy all accounting criteria for the treatment of this Lease as an operating lease for financial accounting purposes.
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ASSIGNMENT OR TRANSFER BY LANDLORD. Landlord may at all times assign all or part of its interest in this Lease, or may sell or transfer all or part of its interest in the Property. Tenant agrees to attorn to Landlord’s purchaser or assignee and Landlord’s purchaser shall agree to recognize all aspects of this Lease as proscribed for Landlord hereunder.
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ASSIGNMENT OR TRANSFER BY LANDLORD. Landlord may assign or transfer this Lease in Landlord's sole discretion. Landlord covenants that any assignee or transferee shall assume and agree to be bound by the terms of this Lease.
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ASSIGNMENT OR TRANSFER BY LANDLORD. Landlord shall be entitled to sell, mortgage, pledge, or otherwise Transfer its interest in the Premises or in this Lease. However, any Transfer shall not relieve Landlord from any of Landlord’s obligations under this Lease arising prior to the date of the Transfer. In the event of the bona fide sale or Transfer of Landlord’s interest in the Premises, the Landlord herein named (and in case of any subsequent transfers, the then grantor or transferor) shall have no further liability and obligations of Landlord hereunder, except any that may have accrued prior to the sale and transfer, and for any prepaid rent and the security deposit, if any, that is not transferred or credited to such purchaser, assignee or transferee. In the event of a sale-leaseback transaction of the Premises wherein Landlord sells the Premises and simultaneously enters into a leaseback lease with the purchaser or its designee, Landlord shall still be deemed to be the Landlord hereunder, so long as this leaseback lease is in full force and effect or, if terminated, so long as Landlord is the fee owner of the Premises.
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ASSIGNMENT OR TRANSFER BY LANDLORD. Landlord shall be entitled to sell, mortgage, pledge, or otherwise transfer its interest in the Premises or in this Lease without any restriction or limitation. In the event of the bona fide sale or other transfer of Landlord's interest in the Premises, the Landlord herein named (and in case of any subsequent transfers, the then grantor or transferor) shall have no further liability and obligations of Landlord hereunder, except any that may have accrued prior to the sale and transfer, and for any prepaid Rent and the Security Deposit, if any, that is not transferred or credited to such purchaser, assignee or transferee. In the event of a sale-leaseback transaction of the Premises wherein Landlord sells the Premises and simultaneously enters into a leaseback lease with the purchaser or its designee, Landlord shall still be deemed to be the Landlord hereunder, so long as this Leaseback lease is in full force and effect or, if terminated, so long as Landlord is the fee owner of the Premises.
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ASSIGNMENT OR TRANSFER BY LANDLORD. Landlord may at all times assign all or part of its interest in this Lease, or may sell or transfer all or part of its interest in the Property. Upon receipt of written confirmation that Xxxxxxxx’s purchaser or assignee expressly assumes and agrees to perform all of Landlord’s obligations under this Lease, Xxxxxx agrees to attorn to such purchaser or assignee. Without limiting the generality of the foregoing, any transfer by Landlord shall be subject to the option to extend described in Section 37 without the necessity of any further written instrument to that effect.
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ASSIGNMENT OR TRANSFER BY LANDLORD 
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Related to ASSIGNMENT OR TRANSFER BY LANDLORD

  • Assignment or Transfer Consultant shall not assign, hypothecate, or transfer, either directly or by operation of law, this Agreement or any interest herein without the prior written consent of the City. Any attempt to do so shall be null and void, and any assignees, hypothecates or transferees shall acquire no right or interest by reason of such attempted assignment, hypothecation or transfer.

  • TRANSFER BY LANDLORD Landlord and its successors in interest shall have the right to transfer their interest in the Building, the Property, or any portion thereof at any time and to any person or entity. In the event of any such transfer, the Landlord originally named herein (and in the case of any subsequent transfer, the transferor), from the date of such transfer, (i) shall be automatically relieved, without any further act by any person or entity, of all liability for the performance of the obligations of the Landlord hereunder which may accrue after the date of such transfer and (ii) shall be relieved of all liability for the performance of the obligations of the Landlord hereunder which have accrued before the date of transfer if its transferee agrees to assume and perform all such prior obligations of the Landlord hereunder. Tenant shall attorn to any such transferee. After the date of any such transfer, the term "Landlord" as used herein shall mean the transferee of such interest in the Building or the Property.

  • No Assignment or Transfer Notwithstanding anything to the contrary in this Award Agreement, neither this Award Agreement nor any rights granted herein shall be assignable by the Participant. Neither this Award Agreement nor any rights granted herein shall be transferable by the Participant in any circumstances, except on the death of the Participant.

  • Assignment or transfer fee The New Lender shall, on the date upon which an assignment or transfer takes effect, pay to the Facility Agent (for its own account) a fee of USD 2,500.

  • Conditions of assignment or transfer (a) The consent of the Borrower is required for an assignment or transfer by an Existing Lender, unless the assignment or transfer is:

  • ASSIGNMENT OR SUBLETTING Tenant shall not assign or sublet said premises or allow any other person to occupy the leased premises without Landlord's prior written consent.

  • Assignment or Sublease Lessee may not assign or transfer this Agreement or any interest therein, sublease any interest covered by this Agreement or encumber, hypothecate or otherwise give as security this Agreement or any interest therein without the prior written consent of Lessor, which consent shall not be unreasonably withheld. No assignment, transfer or sublease shall be effective as against Lessor for any purpose unless Lessor shall have consented thereto in writing prior to such assignment, transfer or sublease and unless all sums due from Lessee, together with any costs to Lessor to cover reasonable legal and other expenses of Lessor in connection with such assignment, transfer or sublease, shall have been paid to Lessor. Each and every attempt to assign, transfer, sublease, encumber or hypothecate this Agreement or any interest therein in a manner contrary to that set forth herein may be deemed a default by Lessee hereunder. Lessor's consent to one assignment, transfer or sublease by Lessee or acceptance of performance from an assignee, transferee or sublessee shall not be deemed a waiver by Lessor of the restrictions of this paragraph as to subsequent attempts to assign, transfer or sublease by Lessee or Lessee's heirs, successors, assigns, transfers or sublessees. As used herein, the terms Lessor and Lessee shall be deemed to include their respective heirs, successors, assigns, transferees and sublessees. The terms, conditions and covenants contained in this Agreement shall apply to, inure to the benefit of and be binding upon the parties hereto and their respective heirs, successors. assigns, transferees and sublessees. Nothing contained herein shall limit Lessor's right to transfer and/or assign in any manner whatsoever, in whole or in part, all of its rights and obligations hereunder and in the Site, and in such event Lessor shall be released from any further obligations hereunder and the successor-in-interest of Lessor shall have all the rights and obligations hereunder and in the Site with respect to Lessee.

  • SALE BY LANDLORD In event of a sale or conveyance by Landlord of the Building, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in this Lease in favor of Tenant, and in such event Tenant agrees to look solely to the responsibility of the successor in interest of Landlord in and to this Lease. Except as set forth in this Article 24, this Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assignee. If any security has been given by Tenant to secure the faithful performance of any of the covenants of this Lease, Landlord may transfer or deliver said security, as such, to Landlord’s successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said security.

  • Assignment by Landlord Landlord shall have the right to transfer and assign, in whole or in part, all its rights and obligations hereunder, in the Premises, and in such event and upon such transfer no further liability or obligation shall thereafter accrue against Landlord hereunder.

  • No Sale or Transfer No Receivable has been sold, transferred, assigned or pledged by the Depositor to any Person other than the Issuer.

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