Common use of Release of Landlord Clause in Contracts

Release of Landlord. If Landlord sells its interest in the Building or Complex, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease except those already accrued. If Tenant provides a Security Deposit, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord shall be discharged from any further liability in reference thereto.

Release of Landlord. If If, during the term of this Lease, Landlord sells shall sell its interest in the Building or ComplexComplex of which the Leased Premises form a part, or the Leased Premises, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease Lease, except those already accrued. If Tenant provides a Security Deposit, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord shall be discharged from any further liability in reference thereto.

Release of Landlord. If Landlord sells its interest in the Building or Complex, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease except those already accrued. If Tenant provides a Security Deposit, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord shall be discharged from any further liability in reference thereto.

Release of Landlord. If If, during the term of this Lease, Landlord sells shall sell its interest in the Building or ComplexComplex of which the Premises form a part, or the Premises, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease Lease, except those already accrued. If Tenant provides a Security Deposit, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord shall be discharged from any further liability in reference thereto.

Release of Landlord. If If, during the term of this Lease, Landlord sells shall sell its interest in the Building or ComplexComplex of which the Leased Premises form a part, or the Leased Premises, then from and after in the effective date of event that the sale or conveyancepurchaser thereof expressly assumes the same, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease from and after the effective date of the sale or conveyance, except those already accrued. If Tenant provides a Security Deposit, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord shall be discharged from any further liability in reference thereto.

Release of Landlord. If If, during the term of this Lease, Landlord sells shall sell its interest in the Building or ComplexComplex of which the Leased Premises form a part, or the Leased Premises, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease Lease, except those already accrued. If Tenant provides a Security Deposit, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord shall be discharged from any further liability in reference thereto.Divco\Gateway/Tobira Lease

Release of Landlord. If Landlord sells its interest in the Building or Complex, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease arising after said date, except those already accrued. If Tenant provides a Security Deposit, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord shall be discharged from any further liability in reference thereto.

Release of Landlord. If If, during the term of this Lease, Landlord sells shall sell its interest in the Building or ComplexComplex of which the Leased Premises form a part, or the Leased Premises, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease Lease, except those already accrued. If Tenant provides a Security DepositUpon any such conveyance, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord grantee or transferee shall be discharged from any further liability in reference theretodeemed to have assumed the obligations of Landlord that accrue after the effective date of such transfer.

Release of Landlord. If If, during the term of this Lease, Landlord sells shall sell its interest in the Building or ComplexComplex of which the Leased Premises form a part, or the Leased Premises, then from and after the effective date of the sale or conveyance and the assumption in writing by the buyer of the obligations of Landlord under this Lease accruing from and after the effective date of such sale or conveyance, . Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease Lease, except those already accrued. If Tenant provides a Security Deposit, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord shall be discharged from any further liability in reference thereto.

Release of Landlord. If If, during the term of this Lease, Landlord sells shall sell its interest in the Building Buildings or Complexthe Complex of which the Premises form a part, or the Premises, then from and after the effective date of the sale or conveyance, and provided that Landlord advises Tenant in writing that the purchaser of such interest agrees in writing to assume all of Landlord’s obligations under this Lease, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease Lease, except those already accrued. If Tenant provides a Security Deposit, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord shall be discharged from any further liability in reference thereto.

Release of Landlord. If If, during the term of this Lease, Landlord sells shall sell its interest in the Building or Complexthe Complex of which the Premises form a part, or the Premises, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease Lease, except those already accrued. If Tenant provides a Security Deposit, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord shall be discharged from any further liability in reference thereto.

Release of Landlord. If Landlord sells its interest in the Building ------------------- or Complex, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease except those already accrued. If Tenant provides a Security Deposit, Landlord may transfer the Security Deposit to a purchaser of the Building and Landlord shall be discharged from any further liability in reference thereto.

Release of Landlord. If If, during the term of this Lease, Landlord sells shall sell its interest in the Building or Complexthe Complex of which the Premises form a part, or the Premises, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease Lease, except those already accrued. If Tenant provides a Security Depositaccrued provided that any successor shall have expressly assumed Landlord's obligations under this Lease either by contractual obligation, Landlord may transfer the Security Deposit to a purchaser assumption agreement or by operation of the Building and Landlord shall be discharged from any further liability in reference theretolaw.

Release of Landlord. If If, during the term of this Lease, Landlord sells ------------------- shall sell its interest in the Building or ComplexComplex of which the Leased Premises form a part, or the Leased Premises, then from and after the effective date of the sale or conveyance, Landlord shall be released and discharged from any and all obligations and responsibilities under this Lease Lease, except those already accrued. If Tenant accrued and provided Landlord transfers or provides a Security Deposit, Landlord may transfer credit or other payment to such successor of the Security Deposit to a purchaser the extent not previously applied by Landlord under the terms of the Building and Landlord shall be discharged from any further liability in reference theretothis Lease.