Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the building. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 7 contracts
Samples: Lease Agreement (Mathstar Inc), Lease Agreement (Bollinger Industries Inc), Basic Lease Terms (Allstar Systems Inc)
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingProperty. Any such sale, transfer sublease or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 4 contracts
Samples: Lease Agreement (Diamondback Energy, Inc.), Office Lease Agreement (Titan Exploration Inc), Office Lease Agreement (Pure Resources Inc)
Lessor Assignment. Lessor shall have the right to may sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingLeased Premises. Any such sale, transfer or assignment shall operate to will release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer, so long as such transferee or assignee assumes the obligations of Lessor hereunder.
Appears in 3 contracts
Samples: Lease Agreement (American Telesource International Inc), Lease Agreement (Globalscape Inc), Lease Agreement (American Telesource International Inc)
Lessor Assignment. Lessor shall have the right to may sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingLeased Premises. Any such sale, transfer or assignment shall operate to will release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 3 contracts
Samples: Lease Agreement (Xtera Communications, Inc.), Commercial Lease (Xtera Communications, Inc.), Commercial Lease (American Caresouce Holdings, Inc.)
Lessor Assignment. Lessor shall have the right to may sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingLeased Premises. Any such sale, transfer or assignment shall operate to will release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer, provided that the transferee assumes the same.
Appears in 2 contracts
Samples: Lease Agreement (Gevo, Inc.), Lease Agreement (Gevo, Inc.)
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingbuilding provided that such purchaser, transferee, or assignee agrees to assume all duties and obligations of Lessor to Lessee under the terms, covenants and conditions of Lease. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 2 contracts
Samples: Lease Agreement (Intelect Communications Systems LTD), Lease Agreement (Teraforce Technology Corp)
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingBuilding to a transferee who is capable of performing Lessor's obligations under this Lease and assumes and agrees to do so. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 2 contracts
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingBuilding, provided that the assignee assumes Lessor’s obligations hereunder in writing. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 1 contract
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, part its rights and obligations under this Lease and in the building. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 1 contract
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the building. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer, except Security Deposit shall be transferred to the new party.
Appears in 1 contract
Samples: Lease Agreement (Spacehab Inc \Wa\)
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingProperty. Any such sale, transfer sublease or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer; provided that the acquirer thereof expressly assumes in writing the obligations of Lessor under this Lease.
Appears in 1 contract
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingBuilding. Any such sale, transfer or assignment of all of its rights and obligations under this Lease shall operate to release Lessor lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 1 contract
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under in this Lease and in the building. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 1 contract
Samples: Lease (SPR Inc)
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingleased premises. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 1 contract
Samples: Lease Terms (Techdyne Inc)
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the building. Any So long as an assignee of Lessor is capable of performing and assumes Lessor's rights and obligations hereunder, any such sale, transfer or assignment shall operate to release Lessor from any and all such liabilities under this Lease arising after the date of such salesales, assignment or transfer.
Appears in 1 contract
Samples: Lease Agreement (Electric Fuel Corp)
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingBuilding. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 1 contract
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the building. Any such sale, sale transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, said assignment or transfer.
Appears in 1 contract
Samples: Office Lease (Ptek Holdings Inc)
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingProperty. Any such sale, transfer sublease or assignment shall operate to release Lessor from any and all liabilities under this Lease for any actions or operations arising after the date of such sale, assignment or transfer.
Appears in 1 contract
Samples: Titan Exploration Inc
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the building. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease lease arising after the date of such sale, assignment or transfer.
Appears in 1 contract
Lessor Assignment. Lessor LESSOR shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingLease. Any such sale, transfer or assignment shall operate to release Lessor LESSOR from any and all liabilities under this Lease arising after the date of such sale, assignment or transfertransfer and LESSEE shall attorn to any successor of LESSOR as LESSOR of the Leased Premises provided that LESSEE's rights hereunder and the terms hereof remain materially unaltered.
Appears in 1 contract
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the building. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such salesales, assignment or transfer.
Appears in 1 contract
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the building. Any such sale, sale transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after the date of such sale, assignment or transfer.
Appears in 1 contract
Samples: Lease Agreement (Vialog Corp)
Lessor Assignment. Lessor shall have the right to sell, transfer or assign, in whole or in part, its rights and obligations under this Lease and in the buildingbuilding to a party that assumes the obligations of Lessor under this Agreement. Any such sale, transfer or assignment shall operate to release Lessor from any and all liabilities under this Lease arising after as of the date of such sale, assignment or transfer.
Appears in 1 contract
Samples: Lease Agreement (Equity Inns Inc)