Common use of EFFECT OF CONVEYANCE Clause in Contracts

EFFECT OF CONVEYANCE. If during the Term of this Lease, Landlord conveys its interest in the Premises, or this Lease, then from and after the effective date of such conveyance, Landlord shall be released and discharged from any and all further obligations and responsibilities under this Lease, provided that the new Landlord assumes the obligations and responsibilities of the Landlord, whether in writing or operation of law.,

EFFECT OF CONVEYANCE. If during the Term term of this Lease, Lease Landlord sells or conveys its interest in the Premises, Premises or this Lease, then from and after the effective date of such conveyancesale, Landlord shall be released and discharged from any and all further obligations and responsibilities under this Lease, provided that except those accrued of which Landlord has notice at the new time of sale. Landlord assumes the obligations and responsibilities shall provide Tenant with written notice of the Landlordsale of its interest in the Premises; provided, whether failure to provide such notice shall not defeat the release and discharge contained in writing or operation of lawthis Section.,