LESSOR'S LIABILITY. The term “Lessor” as used herein shall mean only the owner or owners at the time in question of the fee title or a lessee’s interest in a ground lease of the Project. In the event of any transfer of such title or interest, Lessor herein named (and in case of any subsequent transfers the then grantor) shall be released from and after the date of such transfer of all liability as respects Lessor’s obligations thereafter to be performed, provided that any funds in the hands of Lessor or the then grantor at the time of such transfer, in which Lessee has an interest, shall be delivered to the grantee, and further provided that Lessor shall remain responsible for all indemnification and other obligations hereunder accrued prior to the transfer of title. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be binding on Lessor’s successors and assigns, only during their respective periods of ownership.
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Samples: Commercial Industrial Triple Net Lease (PLBY Group, Inc.), Commercial Industrial Triple Net Lease
LESSOR'S LIABILITY. The term “"Lessor” " as used herein shall mean only the owner or owners at the time in question Question of the fee title or a lessee’s Lessee's interest in a ground lease of the Project. In Premises, and except as expressly provided in Article 15, in the event of any transfer of such title or interest, Lessor herein named (and in case of any subsequent transfers the then grantor) shall be released relieved from and after the date of such transfer of all liability as respects Lessor’s 's obligations thereafter to be performed, provided that any funds in the hands of Lessor or the then grantor at the time of such transfer, in which Lessee has an interest, shall be delivered to the grantee, and further provided that Lessor shall remain responsible for all indemnification and other obligations hereunder accrued prior to the transfer of title. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be binding on Lessor’s 's successors and assigns, only during their respective periods of ownership. No successor in interest to Lessor shall be liable for any default occasioned by his predecessor in interest.
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Samples: Industrial Building Lease (Futon World Inc), Industrial Building Lease (Futon World Inc)
LESSOR'S LIABILITY. The term “"Lessor” " as used herein shall mean only the owner or owners at the time in question of the fee title or a lessee’s Lessee's interest in a ground lease of the Project. In Premises, and except as expressly provided in Paragraph 15, in the event of any transfer of such title or interest, Lessor herein named (and in case of any subsequent transfers then the then grantor) shall be released relieved from and after the date of such transfer of all liability as respects Lessor’s 's obligations thereafter to be performed, provided that any funds in the hands of Lessor or the then grantor at the time of such transfer, in which Lessee has an interest, at the time of such transfer, in which Lessee has an interest, shall be delivered to the grantee, and further provided that Lessor shall remain responsible for all indemnification and other obligations hereunder accrued prior to the transfer of title. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be binding on Lessor’s 's successors and assigns, only during their respective periods of ownership.
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LESSOR'S LIABILITY. The term “'Lessor” ' as used herein shall mean only the owner Owner or owners Owners, at the time in question of questions, the fee title or a lessee’s Lessee's interest in a ground lease of the Project. In Building, and in the event of any transfer of such title or interest, Lessor herein named (and in case of any subsequent transfers transfer then the then grantor) shall be released relieved from and after the date of such transfer of all liability as respects Lessor’s 's obligations thereafter hereafter to be performed, provided that any funds in the hands of Lessor or the then grantor at the time of such transfer, in which Lessee has an interest, shall be delivered to the grantee, and further provided that Lessor shall remain responsible for all indemnification and other obligations hereunder accrued prior to the transfer of title. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be binding on Lessor’s 's successors and assigns, only during their respective periods of ownership, provided that Lessor shall enter into an assignment and assumption agreement with any successor landlord prior to being relieved of its liability hereunder.
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LESSOR'S LIABILITY. 15.1 The term “Lessor” as used herein shall mean only the owner or owners at the time in question of the fee title or a lessee’s interest in a ground lease of the ProjectBuilding. In the event of any transfer of such title or interest, Lessor herein named (and in case of any subsequent transfers transfers, the then grantor) shall be released from relieved from, and after the date of such transfer transfers of all liability as respects for Lessor’s obligations thereafter to be performed; provided, provided however, that any funds in the hands of Lessor or the then grantor at the time of such transfer, transfer in which Lessee has an interest, interest shall be delivered to the grantee, and further provided that Lessor shall remain responsible for all indemnification and other obligations hereunder accrued prior to the transfer of title. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be binding on Lessor’s successors and assigns, assigns only during their respective periods of ownershipownership and no such successor or assignee shall be liable for the obligations of its predecessor Lessor hereunder.
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Samples: Lease Agreement (Inamed Corp)
LESSOR'S LIABILITY. 15.1 The term “Lessor” as used herein shall mean only the owner or owners at the time in question of the fee title or a lesseeLessee’s interest in a ground lease of the ProjectBuilding. In the event of any transfer of such title or interest, Lessor herein named (and in case of any subsequent transfers transfers, the then grantor) shall be released from relieved from, and after the date of such transfer transfers of all liability as respects for Lessor’s obligations thereafter to be performed; provided, provided however that any funds in the hands of Lessor or the then grantor at the time of such transfer, transfer in which Lessee has an interest, interest shall be delivered to the grantee, and further provided that Lessor shall remain responsible for all indemnification and other obligations hereunder accrued prior to the transfer of title. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be binding on Lessor’s successors and assigns, assigns only during their respective periods of ownership, and no such successor or assignee shall be liable for the obligations of its predecessor Lessor hereunder.
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Samples: Sublease (Inamed Corp)
LESSOR'S LIABILITY. The term “"Lessor” " as used herein shall mean only the owner or owners owners, at the time in question question, of the fee title or a lessee’s Lessee's interest in a ground lease of the Building Project. In , and, in the event of any transfer of such title or interest, Lessor herein named (and in case of any subsequent transfers then the then grantor) shall be released relieved from and after the date of such transfer of all liability as respects to Lessor’s 's obligations thereafter to be performedthat accrue after a transfer of Lessor's interest, provided that any funds in the hands of Lessor or the then grantor at the time of such transfer, in which Lessee has an interest, shall be delivered to the grantee, and further provided that Lessor shall remain responsible for all indemnification and other the purchaser of Lessor's interest assumes (by operation of law or otherwise) Lessor's remaining obligations hereunder accrued prior to the transfer of titleunder this Lease. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be binding on Lessor’s 's successors and assigns, only during their respective periods of ownership.
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LESSOR'S LIABILITY. The term “"Lessor” " as used herein shall mean only the owner or owners owners, at the time in question question, of the fee title or a lessee’s 's interest in a ground lease of the Office Building Project. In , and except as expressly provided in paragraph 15, in the event of any transfer of such title or interest, Lessor herein named (and in case of any subsequent transfers then the then grantor) shall be released relieved from and after the date of such transfer of all liability as respects Lessor’s 's obligations thereafter to be performed, provided that any funds in the hands of Lessor or the then grantor at the time end the grantee shall assume in writing the obligations of Lessor of such transfer, in which Lessee has an interest, shall be delivered to the grantee, and further provided that Lessor shall remain responsible for all indemnification and other obligations hereunder accrued prior to the transfer of title. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be binding on Lessor’s 's successors and assigns, only during their respective periods of ownership.
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LESSOR'S LIABILITY. 15.1 The term “Lessor” as used herein shall mean only the owner or owners at the time in question of the fee title or a lesseeLessee’s interest in a ground lease of the ProjectBuilding. In the event of any transfer of such title or interest, the Lessor herein named (and in case of any subsequent transfers transfers, the then grantor) shall be released from relieved from, and after the date of such transfer transfers of all liability as respects for the Lessor’s obligations thereafter to be performed; provided, provided however, that any funds in the hands of the Lessor or the then grantor at the time of such transfer, transfer in which the Lessee has an interest, interest shall be delivered to the grantee, and further provided that Lessor shall remain responsible for all indemnification and other obligations hereunder accrued prior to the transfer of title. The obligations contained in this Lease to be performed by the Lessor shall, subject as aforesaid, be binding on the Lessor’s successors and assigns, assigns only during their respective periods of ownershipownership and no successor or assignee shall be liable for the obligations of its predecessor Lessor hereunder.
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Samples: Lease Agreement (Inamed Corp)
LESSOR'S LIABILITY. The term “"Lessor” " as used herein shall mean only the owner or owners at the time in question of the fee title or a lessee’s 's interest in a ground lease of the ProjectPremises, and except as expressly provided in Paragraph 15. In the event of any transfer of such title or interest, Lessor herein named (and in case of any subsequent transfers the then grantor) shall be released relieved from and after the date of such transfer of all liability as respects Lessor’s 's obligations thereafter to be performed, provided that any funds in the hands of Lessor or the then grantor at the time of such transfer, in which Lessee has an interest, shall be delivered to the grantee, grantee and further provided that Lessor shall remain responsible for such grantee assumes all indemnification and other of Lessee's obligations hereunder accrued prior to the transfer of titleunder this Lease. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be binding on Lessor’s 's successors and assigns, only during their respective periods of ownership.
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Samples: Industrial Lease (Conceptus Inc)
LESSOR'S LIABILITY. The term “"Lessor” " as used herein shall mean only the owner or owners owners, at the time in question question, of the fee title or a lessee’s ' interest in a ground lease of the Project. In Industrial Center, in the event of any transfer of such title or interest. So long as the applicable grantee assumes all of the obligations of Lessor hereunder arising from and after the effective date of the applicable transfer, Lessor herein named (and in case of any subsequent transfers then the then grantor) shall be released relieved from and after the date of such transfer of all liability as respects Lessor’s 's obligations thereafter to be performed, provided that any funds in the hands of Lessor or the then grantor at the time of such transfer, in which Lessee has an interest, shall be delivered to the grantee, and further provided that Lessor shall remain responsible for all indemnification and other obligations hereunder accrued prior to the transfer of title. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be binding on Lessor’s 's successors and assigns, only during their respective periods of ownership.
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Samples: Lease (Vans Inc)