Common use of Change of Lessor Clause in Contracts

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.

Appears in 9 contracts

Samples: Office Building Lease, Lease Agreement (Sogou Inc.), Lease (Sogou Inc.)

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