Change of Lessor Sample Clauses

Change of Lessor. If the Lessor changes during the Tenancy Term, all rights and obligations in respect of the deposit paid by the Lessee or the deposit remaining after the Lessor exercises its deduction right according to the Lease shall be succeeded by the new lessor. In this case, the Lessor shall make sure the Lessee’s rights will not be adversely affected by such change of lessor.
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Change of Lessor. 5.1 In the event that the Lessor transfers the ownership of its rental premises to the third parties, this Annex shall remain valid for the new owner of the premises.
Change of Lessor. LESSEE’S RIGHT TO PURCHASE: In the event that ownership of the land comprising the Leased Premises (“the Land”) is conveyed or transferred (whether voluntarily or involuntarily) by Lessor to any other person or entity, this Lease shall not cease, but shall remain binding and unaffected. However, in the event Lessor desires or attempts to convey the Land to any person or entity other than a nonprofit corporation, charitable trust, governmental agency or other similar entity sharing the goals described in the Recitals above (or as security for a mortgage loan), the Lessee shall have a right of first refusal to purchase the Land. This right shall be as specified in Exhibit D – First Refusal. Any sale or other transfer contrary to this section 3.3 shall be null and void.
Change of Lessor. If another person (new lessor) becomes entitled to receive the Rent to be paid by the Lessee then:
Change of Lessor. 5.1 In the event that the lessor transfers the ownership of its leased building to a third party, this Appendix shall remain valid for the new owner of the building.
Change of Lessor. 1. Within the lease period, Party B shall not transfer the land use right of the Land or ownership of houses and ancillary facilities to a third party without Party A’s written consent.
Change of Lessor. B consents to the change of lessor from Manrikiya Corp. to MK Kojimachi Building Co., Ltd. from January 1, 2000.
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Change of Lessor. Section 37 Lessor’s notification duty The lessor shall notify the tenant of the grounds for the lessor’s right to let the apartment or part thereof and of any restrictions on his, her or its right to let the apartment. If the lessor’s right of possession to the apartment lapses, the lessor shall notify the tenant thereof without delay. If such notification is not given, the tenant shall be entitled to reasonable compensation for removal costs and for any losses caused by the lessor’s failure to notify the ten-ant, unless the lessor can prove that the tenant was other-wise aware that the lessor’s right of possession had lapsed.

Related to Change of Lessor

  • Lease Termination Except as provided in this Section 9.04, upon expiration or earlier termination of this Lease Tenant shall surrender the Premises to Landlord in the same condition as existed on the date Tenant first occupied the Premises, (whether pursuant to this Lease or an earlier lease), subject to reasonable wear and tear. All Alterations shall become a part of the Premises and shall become the property of Landlord upon the expiration or earlier termination of this Lease, unless Landlord shall, by written notice given to Tenant, require Tenant to remove some or all of Tenant’s Alterations, in which event Tenant shall promptly remove the designated Alterations and shall promptly repair any resulting damage, all at Tenant’s sole expense. All business and trade fixtures, machinery and equipment, furniture, movable partitions and items of personal property owned by Tenant or installed by Tenant at its expense in the Premises shall be and remain the property of Tenant; upon the expiration or earlier termination of this Lease, Tenant shall, at its sole expense, remove all such items and repair any damage to the Premises or the Building caused by such removal. If Tenant fails to remove any such items (“Abandoned Items”) or repair such damage promptly after the expiration or earlier termination of the Lease, Landlord may, but need not, do so with no liability to Tenant, and Tenant shall pay Landlord the cost thereof upon demand. Tenant agrees to indemnify Landlord for any and all loss, cost, damage, liability or expense as incurred (including but not limited to reasonable attorneys’ fees and legal costs) arising out of or related to any claim, suit or judgment brought by or in favor of any person or persons for damage, loss or expense which arises out of, is occasioned by or is in any way attributable to the Abandoned Items. Notwithstanding the foregoing to the contrary, in the event that Landlord gives its consent, pursuant to the provisions of Section 9.01 of this Lease, to allow Tenant to make an Alteration in the Premises, Landlord agrees, upon Tenant’s written request, to notify Tenant in writing at the time of the giving of such consent whether Landlord will require Tenant, at Tenant’s cost, to remove such Alteration at the end of the Lease Term.

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