Conveyance Release. If Sublessor or any successor owner shall sell or transfer any portion of the Premises in accordance with this Sublease, they shall 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 8 contracts
Samples: Sublease Agreement (Adcare Health Systems, Inc), Sublease Agreement (Adcare Health Systems, Inc), Sublease Agreement (Adcare Health Systems, Inc)
Conveyance Release. If Sublessor or any successor owner shall sell or transfer any portion of the Premises in accordance with this Sublease, they shall 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; provided, however, that the indemnification obligations of Sublessor or Landlord hereunder shall survive any such conveyance, with respect only to claims arising prior to the closing date of such conveyance.
Appears in 4 contracts
Samples: Sublease Agreement (Regional Health Properties, Inc), Sublease Agreement (Regional Health Properties, Inc), Sublease Agreement (Regional Health Properties, Inc)
Conveyance Release. If Sublessor or any successor owner shall sell or transfer any portion of the Premises in accordance with this Sublease, they shall 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.. HNZW//3583-1 (Xxxxxxxxx) 13
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