Common use of Landlord's Interests Clause in Contracts

Landlord's Interests. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title 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 as aforesaid, be binding on Landlord's successors and assigns, only during their respective periods of ownership.

Appears in 3 contracts

Samples: Industrial Lease (Cerprobe Corp), Industrial Lease (Larscom Inc), Industrial Lease (Rockford Corp)

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Landlord's Interests. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title 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 . 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 as aforesaid, be binding on Landlord's successors and assigns, only during their respective periods of ownership.

Appears in 2 contracts

Samples: Industrial Lease (Esterline Technologies Corp), Industrial Lease (Esterline Technologies Corp)

Landlord's Interests. The term "Landlord" as used herein in this Lease shall mean only the owner or owners or their agents at the time in question of the fee title or a tenantTenant's interest in a ground lease of the Premises. In the event of any transfer of such title or interest, Landlord herein named in this Lease (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 performedperformed after that time, 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 shallLandlord, subject as aforesaidto the terms of this Lease, shall be binding on Landlord's successors and assigns, only during their respective periods of ownership.

Appears in 1 contract

Samples: Gross Lease Agreement (Us Global Aerospace Inc)

Landlord's Interests. The term "Landlord" as used herein shall mean only the owner or owners at the time in question of the fee title or a tenant's interest in a the ground lease of the Premises. In the event of any transfer of such title or interest, and alter the date of such transfer, 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 as aforesaid, be binding on Landlord's successors and assignsassignees, only during their respective periods of ownershipownerships.

Appears in 1 contract

Samples: Industrial Lease (Healthcentral Com)

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

Appears in 1 contract

Samples: Lease (Hq Sustainable Maritime Industries, Inc.)

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