LANDLORD. The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successors, and assigns only during their respective period of ownership of an interest in the Building. In the event of any transfer or transfers of such title to the Building, Landlord (and, in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed.
Appears in 10 contracts
Samples: Industrial Lease (Aviragen Therapeutics, Inc.), Industrial Lease (CAPSTONE TURBINE Corp), Industrial Lease (Excaliber Enterprises, Ltd.)
LANDLORD. The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successorssuccessors and assigns, and assigns only during and in respect of their respective period of ownership of an such interest in the BuildingIndustrial Center. In the event of any transfer or transfers of such title to the BuildingIndustrial Center, Landlord (and, and in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed.
Appears in 7 contracts
Samples: Industrial Multi Tenant Lease (PLX Pharma Inc.), Commercial Lease Agreement (Neos Therapeutics, Inc.), Commercial Lease Agreement (Neos Therapeutics, Inc.)
LANDLORD. The covenants and obligations contained in this Lease on -------- the part of Landlord are binding on Landlord, its successorssuccessors and assigns, and assigns only during and in respect of their respective period of ownership of an such interest in the BuildingIndustrial Center. In the event of any transfer or transfers of such title to the BuildingIndustrial Center, Landlord (and, and in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed.
Appears in 4 contracts
Samples: Lease (Sonicwall Inc), Lease (Adaptive Broadband Corp), Commercial Lease Agreement (Asd Systems Inc)
LANDLORD. The covenants and obligations contained in this Lease lease on the part of Landlord are binding on Landlord, its successorssuccessors and assigns, and assigns only during and in respect of their respective period of ownership of an such interest in the BuildingProperty. In the event of any transfer or transfers of such title to the BuildingProperty, Landlord (and, and in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease lease thereafter to be performed.
Appears in 3 contracts
Samples: Warehouse Lease, Warehouse Lease, Warehouse Lease
LANDLORD. The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successorssuccessors and assigns, and assigns only during and in respect of their respective period of ownership of an such interest in the BuildingIndustrial Center. In the event of any transfer or transfers of such title to the BuildingIndustrial Center, Landlord (and, and in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performedperformed which obligations shall, subject to the terms of this Lease, be assumed by the transferee by virtue of its ownership of the Industrial Center or portion thereof.
Appears in 3 contracts
Samples: Industrial Multi Tenant Lease (Smarterkids Com Inc), Industrial Multi Tenant Lease (Smarterkids Com Inc), Industrial Multi Tenant Lease (Learningstar Inc)
LANDLORD. The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successors, and assigns only during their respective period of ownership of an interest in the Building. In the event of any transfer or transfers of such title to the Building, Landlord (and, in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed, provided that the transferee, successor or assignee has agreed in writing to assume all liabilities and obligations of the Landlord under this Lease first arising or accruing after the date of transfer.
Appears in 2 contracts
Samples: R&d Lease (Harmonic Inc), Lease Agreement (Omneon Video Networks, Inc.)
LANDLORD. The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successors, and assigns only during their respective period of ownership of an interest in the Building. In the event of any transfer or transfers of such title to the BuildingBuilding and following the assumption or assumptions of Landlord’s obligations hereunder, Landlord (and, in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed.
Appears in 1 contract
LANDLORD. The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successorssuccessors and assigns, and assigns only during and in respect of their respective period of ownership of an such interest in the BuildingCorporate Center. In the event of any transfer or transfers of such title to the BuildingCorporate Center, Landlord (and, and in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed.
Appears in 1 contract
Samples: Industrial Lease (Abgenix Inc)
LANDLORD. The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successorssuccessors and assigns, and assigns only during and in respect of their respective period of ownership of an such interest in the BuildingIndustrial Center. In the event of any transfer or transfers of such title to the BuildingIndustrial Center, Landlord (and, and in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performedperformed provided that the purchaser, transferee, or assignee assumes in writing, all of Landlord’s obligations under this Lease arising after the date of such sale, transfer or assignment.
Appears in 1 contract
LANDLORD. The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successors, and assigns only to the extent accruing during their respective period of ownership of an interest in the Building. In the event of any transfer or transfers of such title to the Building, Landlord (and, in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performedaccruing.
Appears in 1 contract
LANDLORD. The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successors, and assigns only during their respective period of ownership of an interest in the BuildingImprovements. In the event of any transfer or transfers of such title to the BuildingImprovements, Landlord (and, in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed.
Appears in 1 contract
Samples: Lease (Clean Energy Fuels Corp.)
LANDLORD. The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successorssuccessors and assigns, and assigns only during and in respect of their respective period of ownership of an such interest in the BuildingCommercial Center. In the event of any transfer or transfers of such title to the BuildingCommercial Center, Landlord (and, and in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed.
Appears in 1 contract
Samples: Lease Agreement (Carrollton Bancorp)