Common use of LANDLORD'S INTEREST Clause in Contracts

LANDLORD'S INTEREST. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title, vendee's interest under a real estate contract, or a tenant's interest in a ground lease of the Premises. In the event of any transfer of such title or interest, Landlord herein named (and in case of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord's obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject to aforesaid, be binding upon Landlord's successors and assigns, only during their respective periods of ownership.

Appears in 3 contracts

Samples: Lease Agreement (Celebrate Express, Inc.), 9 Lease Agreement (Celebrate Express, Inc.), 1 Lease Agreement (Optiva Corp /Wa/)

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LANDLORD'S INTEREST. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title, vendee's interest under a real estate contract, or a tenant's interest in a ground lease of the Premises. In the event of any transfer of such title or interest, Landlord herein named (and in case of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord's obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject to aforesaid, shall be binding upon Landlord's successors and assigns, only during their respective periods of ownership.

Appears in 2 contracts

Samples: Sublease Agreement (Amazon Com Inc), Lease Agreement (Greatfood Com Inc)

LANDLORD'S INTEREST. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title, vendee's interest under a real estate contract, or a tenantLandlord's interest in a ground lease of the Premises. In the event of any transfer of such title or interestto the premises, Landlord herein named (and and, in case of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord's obligations thereafter to be performedperformed if an to the extent such liability is assumed by the successor, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject to aforesaid, shall be 31 - AMBERGLEN STANDARD LEASE FORM - LEASE II binding upon on Landlord's successors and assigns, assigns only during their respective periods of ownership.

Appears in 1 contract

Samples: Cascade Microtech Inc

LANDLORD'S INTEREST. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title, vendee's interest under a real estate contract, or a tenantLandlord's interest in a ground lease of the Premises. In the event of any transfer of such title or interestto the Premises, Landlord herein named (and and, in case of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord's obligations thereafter to be performedperformed if and to the extent such liability is assumed by the successor, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease "Leas to be performed by Landlord shall, subject to aforesaid, shall be binding upon on Landlord's successors and assigns, assigns only during their respective periods period of ownership.

Appears in 1 contract

Samples: Cascade Microtech Inc

LANDLORD'S INTEREST. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title, vendee's interest under a real estate contract, or a tenant's interest in a ground aground lease of the Premises. In the event of any transfer of such title or interest, Landlord herein named (and in case of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord's obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject to aforesaid, be binding upon Landlord's successors and assigns, only during their respective periods of ownership.

Appears in 1 contract

Samples: Lease Agreement (Cutter & Buck Inc)

LANDLORD'S INTEREST. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title, vendee's interest under a real estate contract, or a tenant's interest in a ground lease of the Premises. In the event of any transfer of such title or interest, Landlord herein named (and in case of any subsequent transfers, transfers the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord's obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject to aforesaid, shall be binding upon Landlord's successors and assigns, only during their respective periods of ownership.

Appears in 1 contract

Samples: Lease Agreement (Emagin Corp)

LANDLORD'S INTEREST. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title, vendee's interest under a real estate contract, title or a tenant's interest in a ground lease Lease of the Premises. In the event of any transfer of such title or interest, and assumption of the Landlord's interest herein by the transferee Landlord herein named (and in case of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord's obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject to as aforesaid, be binding upon Landlord's successors and assigns, only during their respective periods of ownership. Tenant hereby agrees to attorn any assignee of Landlord's interest hereunder, whether such assignment is voluntary or by operation of law.

Appears in 1 contract

Samples: Arterial Vascular Engineering Inc

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LANDLORD'S INTEREST. The term "Landlord" Landlord as used herein shall mean only the owner or owners at the time in question of the fee title, vendee's interest under a real estate contract, or a tenant's interest in a ground lease of the Premises. In the event of any transfer of such title or interest, Landlord herein named (and in case of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord's obligations thereafter to be performed, performed provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject to aforesaid, shall be binding upon Landlord's successors and assigns, only during their respective periods of ownership.

Appears in 1 contract

Samples: Lease Agreement (Consolidated Capital of North America Inc)

LANDLORD'S INTEREST. The term "Landlord" as used herein shall ------------------- mean only the owner or owners at the time in question of the fee title, vendee's interest under a real estate contract, or a tenant's interest in a ground lease of the Premises. In the event of any transfer of such title or interest, Landlord herein named (and in case of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord's obligations thereafter to be performedperformed ACCRUING, provided that any funds in the hands of Landlord or the then grantor -------- at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject to aforesaid, be binding upon Landlord's successors and assigns, only during their respective periods of ownership.

Appears in 1 contract

Samples: Lease Agreement (Seattle Filmworks Inc)

LANDLORD'S INTEREST. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title, vendee's ’s interest under a real estate contract, or a tenant's Tenant’s interest in a ground lease Lease, if any, of the Premises. In the event of any transfer of such title or interest, Landlord herein named (and in case case, of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord's ’s obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject to as aforesaid, be binding upon Landlord's ’s successors and assigns, only during their respective periods of ownership.

Appears in 1 contract

Samples: Non Disturbance Agreement

LANDLORD'S INTEREST. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title, vendee's ’s interest under a real estate contract, or a tenant's Tenant’s interest in a ground lease Lease, if any, of the Premises. In the event of any transfer of such title or interest, Landlord herein named (and in case case, of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord's ’s obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject to as aforesaid, be binding upon Landlord's Xxxxxxxx’s successors and assigns, only during their respective periods of ownership.

Appears in 1 contract

Samples: Non Disturbance Agreement

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