Common use of Conveyance Release Clause in Contracts

Conveyance Release. If Landlord or any successor owner shall transfer any portion of the Premises in accordance with this Lease and in connection therewith cause the successor owner to assume Landlord’s obligations hereunder in writing, they shall thereupon be released from all future liabilities and obligations hereunder arising or accruing from and after the date of such conveyance or other transfer, which instead shall thereupon be binding upon the new owner.

Appears in 11 contracts

Samples: Sublease Agreement (Adcare Health Systems, Inc), Sublease Agreement (Adcare Health Systems, Inc), Sublease Agreement (Adcare Health Systems, Inc)

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Conveyance Release. If Landlord or any successor owner shall transfer any portion of the Premises in accordance with this Lease and in connection therewith cause the successor owner to assume Landlord’s obligations hereunder in writingMaster Lease, they shall thereupon be released from all future liabilities and obligations hereunder arising or accruing from and after the date of such conveyance or other transfer, which instead shall thereupon be binding upon the new owner.

Appears in 9 contracts

Samples: Master Lease #2 (21st Century Oncology Holdings, Inc.), Master Lease (21st Century Oncology Holdings, Inc.), Master Lease #3 (21st Century Oncology Holdings, Inc.)

Conveyance Release. If Landlord or any successor owner shall transfer any portion of the Premises in accordance with this Lease and in connection therewith cause the successor owner to assume Landlord’s obligations hereunder in writingLease, they shall thereupon be released from all future liabilities and obligations hereunder arising or accruing from and after the date of such conveyance or other transfer, which instead shall thereupon be binding upon the new owner.

Appears in 8 contracts

Samples: Lease (21st Century Oncology Holdings, Inc.), Lease #9 (21st Century Oncology Holdings, Inc.), Lease #6 (21st Century Oncology Holdings, Inc.)

Conveyance Release. If Landlord or any successor owner shall transfer any portion of the Premises in accordance with this Lease and in connection therewith cause Lease, upon the written assumption by any successor owner to assume Landlord’s of the obligations hereunder in writingof Landlord or such prior successor owner hereunder, they Landlord or such prior successor owner shall thereupon be released from all future liabilities and obligations hereunder arising or accruing from and after the date of such conveyance or other transfer, which instead shall thereupon be binding upon the new owner.

Appears in 3 contracts

Samples: Lease (Emeritus Corp\wa\), Lease (Emeritus Corp\wa\), Emeritus Corp\wa\

Conveyance Release. If Landlord or any successor owner shall sell or transfer any portion of the Premises in accordance with this Lease and in connection therewith cause the successor owner to assume Landlord’s obligations hereunder in writingLease, they shall thereupon thereafter be released from all future liabilities and obligations hereunder arising or accruing from and after the date of such conveyance or other transfer, which instead shall thereupon be binding upon the new owner.

Appears in 2 contracts

Samples: Lease Agreement (Adcare Health Systems, Inc), Master Lease Agreement (Adcare Health Systems, Inc)

Conveyance Release. If Landlord or any successor owner shall transfer any portion of the ------------------ Premises in accordance with this Lease and in connection therewith cause Master Lease, upon the written assumption by ----- any successor owner to assume Landlord’s of the obligations hereunder in writingof Landlord or such prior successor owner -- hereunder, they Landlord or such prior successor owner shall thereupon be released from all future liabilities and obligations hereunder arising or accruing from and after the date of such conveyance or other transfer, which instead shall thereupon be binding upon the new owner.

Appears in 2 contracts

Samples: Master Lease (Emeritus Corp\wa\), Master Lease (Emeritus Corp\wa\)

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Conveyance Release. If Landlord or any successor owner shall sell or transfer any portion of the Premises in accordance with this Lease and in connection therewith cause the successor owner to assume Landlord’s obligations hereunder in writingPremises, they shall thereupon thereafter be released from all future liabilities and obligations hereunder first arising or accruing from and after the date of such conveyance or other transfer, which instead shall thereupon be binding upon the new owner.

Appears in 2 contracts

Samples: Master Sublease Agreement (Adcare Health Systems, Inc), Master Sublease Agreement (Adcare Health Systems, Inc)

Conveyance Release. If Landlord or any successor owner shall transfer any portion of the Premises in accordance with this Lease and in connection therewith cause the successor owner to assume Landlord’s obligations hereunder in writingLease, they it shall thereupon be released from all future liabilities and obligations hereunder under this Lease arising or accruing from and after the date of such conveyance or other transfer, which instead shall thereupon be binding upon the new ownertransferee.

Appears in 2 contracts

Samples: Master Lease and Security Agreement (Brookdale Senior Living Inc.), Master Lease and Security Agreement (Brookdale Senior Living Inc.)

Conveyance Release. If Landlord or any successor owner shall transfer any portion of the Premises in accordance with this Lease and in connection therewith cause the successor owner to assume Landlord’s obligations hereunder in writingMaster Lease, they shall thereupon be released from all future liabilities and obligations hereunder arising or accruing from and after the date of such conveyance or other transfer, which instead shall thereupon be binding upon the new owner.

Appears in 1 contract

Samples: Master Lease (Emeritus Corp\wa\)

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