Common use of Landlord’s Successors Clause in Contracts

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability under this Lease, and in such event Landlord's successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 4 contracts

Samples: Standard NNN Lease (Biomarin Pharmaceutical Inc), Lease Agreement (Vina Technologies Inc), Standard NNN Lease (Infoseek Corp)

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Landlord’s Successors. In If in the event of a sale or conveyance by Landlord of the Building containing the PremisesProject, the same shall operate to release Landlord from any liability under this Lease, and in such event Landlord's successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 3 contracts

Samples: Lease Agreement (KBS Real Estate Investment Trust II, Inc.), Lease Agreement (KBS Real Estate Investment Trust II, Inc.), Lease Agreement (Quality Care Solutions Inc)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing Project or a portion thereof including the Premises, or of Landlord's interest in the foregoing, the same shall operate to release Landlord from any liability under this Lease, and in such event Landlord's successor success in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 3 contracts

Samples: Industrial/Business Park Lease (Medicalogic Inc), Industrial/Business Park Lease (Medicalogic Inc), Industrial/Business Park Lease (Medicalogic Inc)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability under this Lease, including as to any Security Deposit to the extent transferred to Landlord’s successor-in-interest, and in such event Landlord's ’s successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 3 contracts

Samples: Standard Single Tenant NNN Lease (Lsi Logic Corp), Standard Single Tenant NNN Lease (Lsi Logic Corp), Standard Single Tenant NNN Lease (Lsi Logic Corp)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Premises, Building containing or a portion thereof, or of Landlord's interest in the Premisesforegoing, the same shall operate to release Landlord from any liability under this Lease, and in such event Landlord's successor in interest shall interesx xxxxx be solely responsible for all obligations of Landlord under this Lease.

Appears in 2 contracts

Samples: Industrial Lease (Percon Inc), Industrial Lease (Percon Inc)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any further liability under this Lease, including as to any Security Deposit to the extent transferred to Landlord's successor-in-interest, and in such event Landlord's successor in interest shall be solely responsible for all further obligations of Landlord under this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Docent Inc), Lease Agreement (Docent Inc)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability under this LeaseLease accruing after the effective date of the sale or conveyance, and in such event Landlord's successor in Xxxxxxxx’s successor-in-interest shall be solely responsible for all obligations of Landlord under this LeaseLease accruing after the effective date of the sale or conveyance.

Appears in 2 contracts

Samples: Standard Industrial Lease, Standard Industrial Lease (Solyndra, Inc.)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the PremisesProject, the same shall operate to release Landlord from any liability under this Lease, and in such event Landlord's ’s successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 2 contracts

Samples: Commercial Lease (Blue Nile Inc), Multi Tenant Industrial Lease (Curon Medical Inc)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability under this LeaseLease first accruing on or following the effective date of such sale or conveyance, and in such event Landlord's successor in successor-in-interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 1 contract

Samples: Standard Industrial Lease (Deckers Outdoor Corp)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability under this Lease, except as to any issues arising out of or related to Hazardous Materials, and in such event Landlord's Xxxxxxxx’s successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 1 contract

Samples: Ground Lease Agreement

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the PremisesProject, the same shall operate to release Landlord from any liability under this LeaseLease from and after the date of the sale or conveyance, and in such event Landlord's ’s successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 1 contract

Samples: Office Lease Agreement (F5 Networks Inc)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability under this Lease, and in such event Landlord's ’s successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 1 contract

Samples: Multi Tenant Industrial Lease (Metropark Usa Inc)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability thereafter accruing under this Lease, including as to any Security Deposit to the extent transferred to Landlord’s successor-in-interest, and in such event Landlord's ’s successor in interest shall assume in writing Landlord’s obligations under this Lease and shall be solely responsible for all obligations of Landlord thereafter accruing under this Lease.

Appears in 1 contract

Samples: Standard NNN Lease (3PAR Inc.)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing on the PremisesProject, the same shall operate to release Landlord from any liability under this Lease, and in such event Landlord's ’s successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 1 contract

Samples: Office Lease (Placer Sierra Bancshares)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability under this Lease, including as to any Security Deposit to the extent transferred to Landlord’s successor-in-interest, and in such event Landlord's ’s successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 1 contract

Samples: Standard NNN Lease (Pixelworks Inc)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability under this Lease, and in such event Landlord's ’s successor in interest shall be solely responsible for all obligations of Landlord under this LeaseLease the full assumption of which by such successor being an absolute condition of any such sale or conveyance of the Premises.

Appears in 1 contract

Samples: Lease Agreement (California Coastal Communities Inc)

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Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing or the Premises, Project the same shall operate to release Landlord from any liability under this LeaseLease after the date of such sale or conveyance, and in such event Landlord's ’s successor in interest shall be solely responsible for all obligations of Landlord under this Lease. If the Building or the Project is sold, Landlord shall transfer the Security Deposit (to the extent not previously applied by Landlord) to the buyer.

Appears in 1 contract

Samples: Industrial Lease (MusclePharm Corp)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing Project pursuant to which Landlord's entire interest in the PremisesProject is transferred, the same shall operate to release Landlord from any liability under this LeaseLease accruing after the sale or conveyance, and in such event Landlord's successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 1 contract

Samples: Industrial Net Lease (Homegrocer Com Inc)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing Project or a portion thereof including the Premises, or of Landlord’s interest in the foregoing, the same shall operate to release Landlord from any liability under this LeaseLease attributable to the actions, omissions or obligations of Tenant hereunder, and in such event Landlord's ’s successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 1 contract

Samples: Business Park Lease (Nlight, Inc.)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing Project or a portion thereof including the Premises, or of Landlord’s interest in the foregoing, the same shall operate to release Landlord from any liability under this LeaseLease attributable to actions, events or circumstances occurring after the date thereof, and in such event Landlord's Xxxxxxxx’s successor in interest shall be solely responsible for and shall be deemed to have assumed all obligations of Landlord under this LeaseLease thereafter arising.

Appears in 1 contract

Samples: Lease (Nlight, Inc.)

Landlord’s Successors. In the event of a sale or other conveyance by Landlord of the Building containing the Premises, the same shall operate to release the conveying Landlord from any later arising liability under this Lease, and and, in such event Landlordevent, Xxxxxxxx's successor in interest shall be solely responsible for all such obligations of Landlord under this Lease. Similarly, no succeeding Landlord shall be in any way liable for claims which arise prior to conveyance of the Premises to such successor.

Appears in 1 contract

Samples: Lease (Portland Brewing Co /Or/)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability under this Lease, and in such event Landlord's successor in interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 1 contract

Samples: Standard Single Tenant NNN Lease (Media Arts Group Inc)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing Project or a portion thereof including the Premises, or of Landlord’s interest in the foregoing, the same shall operate to release Landlord from any liability under this LeaseLease attributable to actions, events or circumstances occurring after the date thereof, and in such event Landlord's ’s successor in interest shall be solely responsible for and shall be deemed to have assumed all obligations of Landlord under this LeaseLease thereafter arising.

Appears in 1 contract

Samples: Lease

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability under this Lease, and in such event Landlord's successor in ’s successor-in-interest shall be solely responsible for all obligations of Landlord under this Lease.

Appears in 1 contract

Samples: Standard Industrial Lease (Dendreon Corp)

Landlord’s Successors. In the event of a sale or conveyance by Landlord of the Building containing the Premises, the same shall operate to release Landlord from any liability under this LeaseLease accruing thereafter to the extent Landlord's successor-in-interest assumes such liability in writing, including as to any Security Deposit to the extent transferred to Landlord's successor-in-interest, and in such event Landlord's successor in interest shall be solely responsible for all obligations of Landlord under this LeaseLease .

Appears in 1 contract

Samples: Standard Single Tenant NNN Lease (Medarex Inc)

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