Common use of Disposition by Landlord Clause in Contracts

Disposition by Landlord. If the Landlord sells or leases the Lands, the Building, the Property or any part thereof, or assigns this Lease, and to the extent that the covenants and obligations of the Landlord under this Lease are assumed by the purchaser, lessee or assignee, the Landlord, without further written agreement, will be discharged and relieved of liability under the said covenants and obligations.

Appears in 2 contracts

Samples: Lease Agreement (Repare Therapeutics Inc.), Lease Agreement (Repare Therapeutics Inc.)

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Disposition by Landlord. If the Landlord sells or leases the Lands, the Building, the Property Leased Premises or any part thereof, or assigns this Lease, and to the extent that the covenants and obligations of the Landlord under this Lease are assumed by the purchaser, lessee or assignee, the Landlord, without further written agreement, will be discharged and relieved of liability under the said covenants and obligations.

Appears in 2 contracts

Samples: Schedules (Hydrogenics Corp), Hydrogenics Corp

Disposition by Landlord. If the Landlord sells or leases the LandsProject, the Building, the Property Leased Premises or any part thereof, or assigns this Lease, and to the extent that the covenants and obligations of the Landlord under this Lease are assumed by the purchaser, lessee or assignee, the Landlord, without further written agreement, will be discharged and relieved of liability under the said covenants and obligations.

Appears in 1 contract

Samples: Tarpon Industries, Inc.

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Disposition by Landlord. 7.06 If the Landlord sells or leases the Lands, the Building, the Property Building or any part thereof, or assigns this Lease, and to the extent that the covenants and obligations of the Landlord under this Lease hereunder are assumed by the purchaser, lessee or assignee, the Landlord, without further written agreement, will be discharged and relieved of liability under the said covenants and obligations.

Appears in 1 contract

Samples: Indenture (Sidus Systems Inc)

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