Landlord Defined. The term “Landlord” in this Lease means and includes only the owner at the time in question of the Premises and, in the event of the sale or transfer of the Premises, Landlord shall be released and discharged from the provisions of this Lease thereafter accruing, but such provisions shall be binding upon each new owner of the Premises while such party is an owner.
Landlord Defined. A. Definition ----------
Landlord Defined. The term "Landlord" as used in this Lease, so far as covenants or obligations on the part of Landlord are concerned, shall be limited to mean and include only the owner or owners at the time in question of the fee of the Demised Premises, and in the event of any transfer or transfers of the title to such fee, Landlord herein named (and in the case of any subsequent transfer or conveyance, the then grantor) shall be automatically freed and relieved, from the after the date of such transfer or conveyance, of all personal liability respecting the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed; provided that any funds in the hands of such Landlord or the then Grantor at the time of such transfer, in which Tenant has an interest, shall be turned over to the grantee, and any amount then due and payable to Tenant by Landlord or the then grantor under any provisions of this Lease, shall be paid to Tenant.
Landlord Defined. The references to "Landlord" in this Lease shall be limited to mean and include only the owner or owners, at the time, of the fee simple interest in the Building. In the event of a sale or transfer of such interest (except a mortgage or other transfer as security for a debt), the "Landlord" named herein, or, in the case of a subsequent transfer, the transferor, shall, after the date of such transfer, be automatically released from all personal liability for the performance or observance of any term, condition, covenant or obligation required to be performed or observed by Landlord hereunder; and the transferee shall be deemed to have assumed all of such terms, conditions, covenants and obligations.
Landlord Defined. 23 C. Time.................................................................24 D.
Landlord Defined. (a) The term Landlord as used in this Lease means only the owner of the Leased Premises, or the Mortgagee in possession of the Leased Premises, for the time being, so that in the event of any sale or other transfer of the Leased Premises, Landlord shall be and hereby is entirely Freed and relieved of all liabilities and obligations of Landlord hereunder, and it shall be deemed without further agreement between the parties and any successor of Landlord, that such successor has assumed and agreed to perform and observe all liabilities and obligations of Landlord hereunder.
(b) Notwithstanding anything contained herein to the contrary, it is specifically understood and agreed that there shall be no personal liability on Landlord in respect of any of the terms, covenants, conditions, or provisions of this Lease, and in the event of a breach or default by Landlord of any of its liabilities and obligations under this Lease, Tenant and any persons claiming by, through, or under Tenant shall look solely to the equity of the Landlord in the Leased Premises for the satisfaction of Tenant’s and such persons’ remedies and claims for damages.
Landlord Defined. The term “Landlord” as used in this Lease, so far as Landlord’scovenants and agreements under this Lease are concerned, shall be limited to mean and include only the owner or owners at the time in question of the fee title to the Leased Premises. In the event of any conveyance of such fee title, Landlord herein named and each subsequent grantor shall be automatically relieved, from and after the date of such conveyance, of all liability as respects the performance of any of Landlord’s covenants and agreements thereafter to be performed, and such grantee shall be bound by all of such covenants and agreements thereafter to be performed only during the time of its ownership.
Landlord Defined. The term “Landlord” shall mean only the owner or owners at the time in question of the fee title of the Premises or the Building. The obligations contained in this Lease to be performed by Landlord shall be binding on Landlord’s successors and assigns only during their respective periods of ownership.
Landlord Defined. (a) The term “Landlord” as used in this Lease means only the owner of the Building or the owner of a leasehold interest in the Building or the Building and land thereunder so that in the event of (i) a conveyance of the Building, (ii) a demise of the Building or said land and the Building, or (iii) an assignment of a leasehold interest in the Building or said land and the Building or of this Lease, except an assignment given as security under which title has not yet vested in the secured party by reason of the Landlord’s defaults, (collectively a “Transfer”), the Landlord shall be and hereby is entirely free and relieved of all obligations of the Landlord subsequently accruing other than the return of the Security Deposit until transferred to the new landlord. Such a Transfer shall not affect the obligations of the Tenant under this Lease. Upon receipt of a commercially reasonable assignment and assumption agreement, the Tenant shall attorn to the transferee from the date Tenant receives written notice of the Transfer.
(b) Any securities given by the Tenant to the Landlord to secure performance of the Tenant’s obligations hereunder may be assigned and transferred by the Landlord to such successor in interest of the Landlord; and, upon acknowledgement by such successor of receipt of such security and its express assumption of the obligation to account to the Tenant for such security in accordance with the terms of this Lease, the Landlord shall thereby be discharged of any further obligation relating thereto.
(c) The Landlord’s liability with respect to any of the covenants, conditions or provisions of this Lease shall be limited to Landlord’s interest in the Building, which interest shall include casualty/condemnation proceeds, sale/financing proceeds, and the rents and other revenue generated by the Building.
Landlord Defined. The term "Landlord" shall mean only the owner or owner's authorized agent, from time to time, of the Complex. Landlord and/or such owner shall have the right to transfer, assign or convey, in whole or in part, all its rights and obligations hereunder and in the Complex and property referred to herein, and in the event of the transfer by Landlord and owner of its interest in the Complex, Landlord and owner shall thereupon be released and discharged from all covenants and obligations of the Landlord and such owner thereafter accruing, but such covenants and obligations shall be binding during the term of the Lease upon each new owner for the duration of such owner's ownership. Landlord shall notify Tenant of any such transfer, assignment, or conveyance. All provisions of the Lease which limit or release liabilities or obligations of Landlord with respect to the Lease or the Complex, shall inure to the benefit of the owner from time to time of the Complex.
