Common use of Effect of Attornment Clause in Contracts

Effect of Attornment. Upon attornment this Lease shall continue in full force and effect as a direct lease between the Purchaser and the Tenant, upon all of the same terms, conditions and covenants as are set forth in the Lease except that, after such attornment, the Purchaser shall not be: (a) liable for any act or omission of the Landlord; or (b) subject to any offsets or defences which the Tenant might have against the Landlord; or (c) bound by a prepayment by the Tenant of more than one month’s installment of Rent, unless such prepayment shall have been approved in writing by Purchaser or any predecessor in interest except the Landlord.

Appears in 4 contracts

Samples: Lease of Industrial Space (Above Food Ingredients Inc.), Lease Agreement (Dirtt Environmental Solutions LTD), Lease of Office Space (Zymeworks Inc.)

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Effect of Attornment. Upon attornment under section 18.4 this Lease shall continue in full force and effect as a direct lease between the Purchaser and the Tenant, upon all of the same terms, conditions and covenants as are set forth in the Lease except that, after such attornment, the Purchaser shall not be: (a) liable for any act or omission of the Landlord; or (b) subject to any offsets or defences defenses which the Tenant might have against the Landlord; or (c) bound by a any prepayment by the Tenant of more than one month’s installment instalment of Rent, or by any previous modification of the Lease, unless such prepayment or modification shall have been approved in writing by Purchaser or any predecessor in interest except the Landlord.

Appears in 2 contracts

Samples: Office Lease (Adven Inc.), Office Lease (Adven Inc.)

Effect of Attornment. Upon attornment pursuant to Section 13.4, this Lease shall continue in full force and effect as a direct lease between the Purchaser and the Tenant, upon all of the same terms, conditions and covenants as are set forth in the this Lease except that, after such attornment, the Purchaser and its successors in title shall not be: (a) liable for any act or omission of the Landlord; , or (b) subject to any offsets or defences defenses which the Tenant might have against the Landlord; , or (c) bound by a any prepayment by the Tenant of more than one month’s installment instalment of RentRent or by any previous modification of this Lease, unless such the prepayment or modification shall have been approved in writing by the Purchaser or any predecessor of the Purchaser’s former interest as mortgagee in interest except the LandlordLeased Premises.

Appears in 2 contracts

Samples: Lease Agreement (Photowatt Technologies Inc.), Lease Agreement (Photowatt Technologies Inc.)

Effect of Attornment. Upon attornment under section 14.4 this Lease shall will continue in full force and effect as a direct lease between the Purchaser and the Tenant, upon all of the same terms, conditions and covenants as are set forth in the this Lease except that, after such attornment, the Purchaser shall will not be: (a) .1 liable for any act or omission of the Landlord; Landlord prior to such attornment, or (b) .2 subject to any offsets or defences which the Tenant might have against the Landlord; Landlord prior to such attornment, or (c) .3 bound by a any prepayment by the Tenant of more than one month’s installment of Rent, or by any previous modification of this Lease, unless such prepayment shall or modification will have been approved in writing by Purchaser or any predecessor in interest except the LandlordPurchaser.

Appears in 2 contracts

Samples: Office Space Lease (Aquinox Pharmaceuticals, Inc), Office Space Lease (Legend Oil & Gas, Ltd.)

Effect of Attornment. Upon attornment under section 14.4 this Lease shall will continue in full force and effect as a direct lease between the Purchaser and the Tenant, upon all of the same terms, conditions and covenants as are set forth in the this Lease except that, after such attornment, the Purchaser shall will not be: (a) be .1 liable for any act or omission of the Landlord; or (b) Landlord prior to such attornment, or .2 subject to any offsets or defences which the Tenant might have against the Landlord; or (c) Landlord prior to such attornment, or .3 bound by a any prepayment by the Tenant of more than one month’s installment of Rent, or by any previous modification of this Lease, unless such prepayment shall or modification will have been approved in writing by Purchaser or any predecessor in interest except the LandlordPurchaser.

Appears in 1 contract

Samples: Office Space Lease (Imageware Systems Inc)

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Effect of Attornment. Upon attornment under Article 17.04 this Lease shall continue in full force and effect as a direct lease between the Purchaser and the Tenant, upon all of the same terms, conditions and covenants as are set forth in the this Lease except that, after such attornment, the Purchaser shall not be: (a) liable for any act or omission of the Landlord; , or, (b) subject to any offsets or defences defenses which the Tenant might have against the Landlord; , or, (c) bound by a any prepayment by the Tenant of more than one month’s 's installment of Rent, or by any previous modification of this Lease, unless such prepayment or modification shall have been approved in writing by Purchaser or any predecessor in interest except the Landlord.

Appears in 1 contract

Samples: Lease Agreement (Imi International Medical Innovations Inc)

Effect of Attornment. Upon attornment under Article 17.03, this Lease shall continue in full force and effect as a direct lease between the Purchaser and the Tenant, upon all of the same terms, conditions and covenants as are set forth in the this Lease except that, that after such attornment, the attornment Purchaser shall not be: (a) liable for any act or omission of the Landlord; or (b) subject to any offsets or defences defenses which the Tenant might have against the Landlord; or (c) bound by a any prepayment by the Tenant of more than one month’s 's installment of Rent, or by any previous modification of this Lease, unless such prepayment or modification shall have been approved in writing by Purchaser or any predecessor in interest except the Landlord.

Appears in 1 contract

Samples: Lease Agreement (Safety Insurance Group Inc)

Effect of Attornment. Upon attornment under Article 17.4 this Lease shall continue in full force and effect as a direct lease between the Purchaser and the Tenant, upon all of the same terms, conditions and covenants as are set forth in the this Lease except that, after such attornment, the Purchaser shall not be: (a) liable for any act or omission of the Landlord; or (b) subject to any offsets or defences defenses which the Tenant might have against the Landlord; or (c) bound by a any prepayment by the Tenant of more than one month’s 's installment of Rent, or by any previous modification of this Lease, unless such prepayment or modification shall have been approved in writing by Purchaser or any predecessor in interest except the Landlord.

Appears in 1 contract

Samples: Lease of Office Space (Securac Corp)

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