Common use of Definition of Landlord Clause in Contracts

Definition of Landlord. The term “Landlord”, as used in this Lease, so far as covenants or obligations on the part of Landlord are concerned, shall be limited to mean and include only the owner or owners, at the time in question, of the fee title of the Premises or the lessees under any ground lease or master lease, if any. In the event of any transfer, assignment or other conveyance or transfers of any such title, the original landlord herein named (and in case of any subsequent transfers or conveyances, the then grantor) shall be automatically freed and relieved from and after the date of such transfer, assignment or conveyance of all liability as respects the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed. Without further agreement, the transferee of such title shall be deemed to have assumed and agreed to observe and perform any and all obligations of Landlord hereunder, during its ownership of the Premises. Landlord may transfer its interest in the Premises without the consent of Tenant and such transfer or any subsequent transfer shall not be deemed a violation on Landlord’s part of any of the terms and conditions of this Lease.

Appears in 3 contracts

Samples: Office Building Lease (Cirius Therapeutics, Inc.), Office Building Lease (Cirius Therapeutics, Inc.), Office Building Lease (Cirius Therapeutics, Inc.)

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Definition of Landlord. 28.1 The term “Landlord”, as used in this Lease, so far as covenants or obligations on the part of Landlord are concerned, shall be limited to mean and include only Landlord or the owner or owners, successor-in-interest of Landlord under this Lease at the time in question, of the fee title of the Premises or the lessees under any ground lease or master lease, if any. In the event of any transfer, assignment or other conveyance of Landlord’s title or transfers of any such titleleasehold, the original landlord Landlord herein named (and in case of any subsequent transfers or conveyances, the then grantorgrantor and any prior grantors) shall be automatically freed and relieved from and after the date of such transfer, assignment or conveyance of all liability as respects for the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed. Without performed by Landlord and, without further agreement, the transferee of such title or leasehold shall be deemed to have assumed and agreed to observe and perform any and all obligations of Landlord hereunder, during its ownership of the Premises. Landlord may transfer its interest in the Premises or this Lease without the consent of Tenant and such transfer or any subsequent transfer shall not be deemed a violation on Landlord’s the part of Landlord or the then grantor of any of the terms and or conditions of this Lease.

Appears in 2 contracts

Samples: Lease (Biocept Inc), Lease (Biocept Inc)

Definition of Landlord. The term “Landlord”, as used in this Lease, so far as covenants or obligations on the part of Landlord are concerned, shall be limited to mean and include only the owner or owners, at the time in question, of the fee title to, or a lessee’s interest in a ground lease of the Premises or the lessees under any ground lease or master lease, if anyPremises. In the event of any transfer, assignment or other conveyance or transfers of any such title, the original landlord title or interest. Landlord herein named (and in case of any subsequent transfers or conveyances, the then grantor) shall be automatically freed and relieved from and after the date of such transfer, assignment or conveyance of all liability as respects the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed. Without performed and, without further agreement, the transferee of such title or interest shall be deemed to have assumed and agreed to observe and perform any and all obligations of Landlord hereunder, during its ownership of the Premises. Landlord may transfer its interest in the Premises without the consent of Tenant and such transfer or any subsequent transfer shall not be deemed a violation on Landlord’s part of any of the terms and conditions of this Lease.

Appears in 1 contract

Samples: Industrial Real Estate Lease (Galaxy Gaming, Inc.)

Definition of Landlord. The term "Landlord”, " as used in this Lease, so far as covenants or obligations on the part of Landlord are concerned, shall be limited to mean and include only the owner or owners, at the time in question, of the fee title to, or a lessee's interest in a ground lease of the Premises or the lessees under any ground lease Site or master lease, if anylease of the Building. In the event of any transfer, assignment or other conveyance or transfers transfer of any such titletitle or interest, the original landlord Landlord herein named (and in case of any subsequent transfers or conveyances, the then grantor) shall be automatically freed and relieved from and after the date of such transfer, assignment or conveyance of all liability as respects with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed. Without performed and, without further agreement, the transferee of such title or interest shall be deemed to have assumed and agreed to observe and perform any and all obligations of Landlord hereunder, during its ownership of the Premises. Landlord may transfer its interest in the Premises without the consent of Tenant and such transfer or any subsequent transfer shall not be deemed a violation on Landlord’s 's part of any of the terms and conditions of this Lease.

Appears in 1 contract

Samples: Sublease (Organic Inc)

Definition of Landlord. The term “Landlord”, as used in this Lease, so far as covenants or obligations on the part of Landlord are concerned, shall be limited to mean and include only the owner or owners, at the time in question, of the fee title of the Premises or the lessees under any ground lease leases of the land or master leaseleases of the Building, if any. In the event of any transfer, assignment or other conveyance or transfers of any such title, the original landlord Landlord herein named (and in case of any subsequent transfers transfer or conveyancesconveyance, the then grantor) shall be automatically freed and relieved from and after the date of such transfer, assignment or conveyance of all liability as respects for the performance of any covenants covenant or obligations obligation on the part of Landlord contained in this Lease thereafter to be performed. Without further agreement, the transferee of such title shall be deemed to have assumed and agreed to observe and perform any and all obligations of Landlord hereunder, during its ownership of the Premises. Landlord may transfer its interest in the Premises without the consent of Tenant and such transfer or any subsequent transfer shall not be deemed a violation on Landlord’s part of any of the terms and conditions term or condition of this Lease.

Appears in 1 contract

Samples: Loan Agreement (Thomas Properties Group Inc)

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Definition of Landlord. The term "Landlord”, " as used in this Lease, so far as covenants or obligations on the part of Landlord are concerned, shall be limited to mean and include only the owner or owners, at the time in question, of the fee title to, or a lessee's interest in a ground lease of the Premises or the lessees under any ground lease Site or master lease, if anylease of the Building. In the event of any transfer, assignment or other conveyance or transfers transfer of any such titletitle or interest, the original landlord Landlord herein named (and in case of any subsequent transfers or conveyances, the then grantor) shall be automatically freed and relieved from and after the date of such transfer, assignment or conveyance of all liability as respects with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed. Without performed and, without further agreement, the transferee of such title or interest shall be deemed to have assumed and agreed to observe and perform any and all obligations of Landlord hereunder, during its ownership of the Premises. , Landlord may transfer its interest in the Premises without the consent of Tenant and such transfer or any subsequent transfer shall not be deemed a violation on Landlord’s 's part of any of the terms and conditions of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Synon Corp)

Definition of Landlord. The term "Landlord”, " as used in this Lease, so far as covenants or obligations on the part of Landlord are concerned, shall be limited to mean and include only the owner or owners, at the time in question, of the fee title to, or a lessee's interest in a ground lease of the Premises Site or the lessees under any ground lease or master lease, if anyBuilding. In the event of any transfer, assignment or other conveyance or transfers of any such titletitle or interest, the original landlord Landlord herein named (and in case of any subsequent transfers or conveyances, the then grantor) shall be automatically freed and relieved from and after the date of such transfer, assignment or conveyance of all liability as respects the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed. Without performed and, without further agreement, the transferee of such title or interest shall be deemed to have assumed and agreed to observe and perform any and all obligations of Landlord hereunder, during its ownership of the Premises. Landlord may transfer its interest in the Premises without the consent of Tenant and such transfer or any subsequent transfer shall not be deemed a violation on Landlord’s 's part of any of the terms and conditions of this Lease.

Appears in 1 contract

Samples: Office Lease (Trylon Corp)

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