DEFINITION OF TERM OF. LANDLORD" When the term "Landlord" is used in this lease it shall be construed to mean and include only the owner of the fee title of the Leased Premises. Upon the transfer by the Landlord of the fee title hereunder, the Landlord shall advise the Tenant in writing by certified mail, return receipt requested of the name of the Landlord's transferee. In such event, the then Landlord shall. be automatically freed and relieved from and after the date of such transfer of title of all liability with respect to the performance of any of the covenants and obligations on the part of the Landlord herein contained to be performed, provided any such transfer and conveyance by the Landlord is expressly subject to the assumption by the grantee or transferee of the obligations of the Landlord to be performed pursuant to the terms and conditions of the within lease.
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Samples: Agreement (Loehmanns Inc)
DEFINITION OF TERM OF. LANDLORD" -------------------------------- When the term "Landlord" is used in this lease it shall be construed to mean and include only the owner of the fee title of to the Leased PremisesProperty. Upon the transfer by the Landlord of title to the fee title hereunderProperty, the Landlord shall advise the Tenant in writing by certified mail, return receipt requested requested, of the name of the Landlord's transferee. In such event, the then Landlord shall. shall be automatically freed and relieved from and after the date of such transfer of title of all personal liability thereafter arising with respect to the performance of any of the covenants and obligations on the part of the Landlord herein contained to be performed, provided that Landlord shall have transferred the Security Deposit hereunder to such transferee, and provided any such transfer and conveyance by the Landlord is expressly subject to the assumption by the grantee or transferee of the obligations of the Landlord to be performed pursuant to the terms and conditions of the within lease.
Appears in 1 contract
DEFINITION OF TERM OF. LANDLORD" When the term "Landlord" is used in this lease it shall be construed to mean and include only the owner of the fee title of the Leased Premises. Upon the transfer by the Landlord of the fee title hereunder, the Landlord shall advise the Tenant in writing by certified mail, return receipt requested of the name of the Landlord's transferee. In such event, the then Landlord shall. shall be automatically freed and relieved from and after the date of such transfer of title of all personal liability with respect to the performance of any of the covenants and obligations on the part of the Landlord herein contained to be performed, provided any such transfer and conveyance by the Landlord is expressly subject to the assumption by the grantee or transferee of the obligations of the Landlord to be performed pursuant to the terms and conditions of the within this lease.
Appears in 1 contract
Samples: Lease Agreement (Adams Respiratory Therapeutics, Inc.)
DEFINITION OF TERM OF. LANDLORD" -------------------------------- When the term "Landlord" is used in this lease Lease it shall be construed to mean and include only the owner of the fee title of the Leased PremisesProperty. Upon the transfer by the Landlord of the fee title hereunder, the Landlord shall advise the Tenant in writing by certified mail, return receipt requested of the name of the Landlord's transferee. In such event, the then Landlord shall. shall be automatically freed and relieved from and after the date of such transfer of title of all personal liability with respect to the performance of any of the covenants and obligations on the part of the Landlord herein contained to be performed, provided any such transfer and conveyance by the Landlord is expressly subject to the assumption by the grantee or transferee of the obligations of the Landlord to be performed pursuant to the terms and conditions of the within leaseLease.
Appears in 1 contract
Samples: Agreement (Able Laboratories Inc)
DEFINITION OF TERM OF. LANDLORD" When the term "Landlord" is used in this lease Lease it shall be construed to mean and include only the owner of the fee title of the Leased Premises. Upon the transfer by the Landlord of the fee title hereunder, the Landlord shall advise the Tenant in writing by certified mail, return receipt requested requested, of the name of the Landlord's transferee. In such event, the then Landlord shall. shall be automatically freed and relieved from and after the date of such transfer of title of all personal liability with respect to the performance of any of the covenants and obligations on the part of the Landlord herein contained to be performed, after the date of such transfer, provided any such transfer and conveyance by the Landlord is expressly subject to the assumption in writing by the grantee or transferee of the obligations of the Landlord to be performed pursuant to the terms and conditions of the within leaseLease after the date of transfer of title.
Appears in 1 contract
Samples: Lease Agreement (Computer Outsourcing Services Inc)
DEFINITION OF TERM OF. LANDLORD" When the term "Landlord" is used in this lease it shall be construed to mean and include only the owner of the fee title of the Leased PremisesProperty. Upon the transfer by the Landlord of the fee title hereunder, the Landlord shall advise the Tenant in writing by certified mail, return receipt requested of the name of the Landlord's transferee. In such event, the then Landlord shall. shall be automatically freed and relieved from and after the date of such transfer of title of all personal liability with respect to the performance of any of the covenants and obligations on the part of the Landlord herein contained to be performedperformed from and after the date of transfer, provided any such transfer and conveyance by the Landlord is expressly subject to the assumption by the grantee or transferee of the obligations of the Landlord Landlord, arising from and after the date of transfer, to be performed pursuant to the terms and conditions of the within lease.
Appears in 1 contract
Samples: Agreement (Andrx Corp)