Common use of Definition of Lessor Clause in Contracts

Definition of Lessor. The term “Lessor” as used herein shall mean the owner or owners at the time in question of the Lessor's interest under this Lease. Upon any transfer of such interest in the Premises, the prior Lessor shall be relieved of all liability with respect to the obligations and/or covenants under this Lease thereafter to be performed by the succeeding Xxxxxx. Subject to the foregoing, the obligations and/or covenants in this Lease to be performed by Lessor shall be binding only upon Lessor as hereinabove defined.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Definition of Lessor. The term “Lessor” as used herein shall mean means the owner or owners at the time in question of the Lessor's interest under this Leasefee title to the Premises. Upon any In the event of a transfer of such Lessor’s title or interest in the PremisesPremises or this Lease, the prior Lessor shall be relieved of all liability with respect to the obligations and/or covenants under this Lease thereafter to be performed by the succeeding Xxxxxx. Subject to the foregoing, the obligations and/or covenants in this Lease to be performed by Lessor shall be binding only upon Lessor as hereinabove definedLessor.

Appears in 1 contract

Samples: Lease Agreement (Oplink Communications Inc)

Definition of Lessor. The term “Lessor” as used herein shall mean the owner or owners at the time in question of the Lessor's interest under this Leasetitle to the Property. Upon any transfer of such interest in fee title to the PremisesProperty, the prior Lessor shall be relieved of all liability with respect to the obligations and/or covenants under this Lease thereafter to be performed by the succeeding XxxxxxLessor. Subject to the foregoing, the obligations and/or covenants in this Lease to be performed by Lessor shall be binding only upon Lessor as hereinabove defined.

Appears in 1 contract

Samples: Lease Agreement

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Definition of Lessor. The term "Lessor" as used herein shall mean the owner or owners at the time in question of the Lessorfee title to the Premises, or, if this is a sublease, of the Lessee's interest under this Lease. Upon any transfer of such interest in the Premises, the prior Lessor shall be relieved of all liability with respect to the obligations and/or covenants under this Lease thereafter to be performed by the succeeding Xxxxxxlease. Subject to the foregoing, the obligations and/or covenants in this Lease to be performed by the Lessor shall be binding only upon the Lessor as hereinabove defined.

Appears in 1 contract

Samples: Lease Agreement (Ministry Partners Investment Corp)

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