Common use of Sale and Conveyance of the Building Clause in Contracts

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this Lease, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyance.

Appears in 4 contracts

Samples: Lease Agreement (Virtualsellers Com Inc), Purchase and Sale Agreement (Universal Electronics Inc), Lease Agreement (Access Corp)

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Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this Lease, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyanceconveyance as provided in Section 15.04.

Appears in 3 contracts

Samples: Lease Agreement (I Trax Inc), Lease Agreement (Symbion Inc/Tn), Lease Agreement (Ipayment Inc)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this LeaseLease Term, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyanceconveyance as provided in Section 15.4.

Appears in 3 contracts

Samples: Lease Agreement (Celldex Therapeutics, Inc.), Lease Agreement (Ikaria, Inc.), Lease Agreement (First Indiana Corp)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Campus and the Building at any time during the term of this LeaseLease Term, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyance.

Appears in 3 contracts

Samples: Lease Agreement (Celsion CORP), Lease Agreement (Clarient, Inc), Lease Agreement (Eurand N.V.)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this LeaseLease Term, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyanceconveyance as provided in Section 13.08.

Appears in 2 contracts

Samples: Lease Agreement (Wells Real Estate Fund Xiii L P), Office Lease (Idg Books Worldwide Inc)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building building at any time during the term of this LeaseLease Term, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyanceconveyance as provided in Section 13.08.

Appears in 2 contracts

Samples: Office Lease, Office Lease

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this Lease, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyance as provided in Section 15.04;provided, however, that such release shall not be effective relative to obligations of the Landlord which arose and matured prior to or as of the date of such conveyance.

Appears in 1 contract

Samples: Lease Agreement (Amsurg Corp)

Sale and Conveyance of the Building. Landlord shall have ------------------------------------ the right to sell and convey the Building at any time during the term of this LeaseLease Term, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyanceconveyance as provided in Section 13.08.

Appears in 1 contract

Samples: Lease Agreement (Bindley Western Industries Inc)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this LeaseLease Term, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyance as provided in Section 15.04, except with respect to claims arising prior to the date of such conveyance.

Appears in 1 contract

Samples: Lease Agreement (Software Artistry Inc)

Sale and Conveyance of the Building. Subject to the right of Tenant to purchase the Building under Sections 19.02, Landlord shall have the right to sell and sell, convey or transfer its interest in the Building and the Land or the control thereof at any time during the term of this Lease, subject only to the rights of Tenant hereunderLease Term; and such sale and conveyance or other transfer of Landlord’s interest or control of the Building or Land shall operate to release Landlord Landlord’s interest from liability hereunder arising after the date of such conveyanceconveyance as provided in Section 15.04.

Appears in 1 contract

Samples: Lease Agreement (Arhaus, Inc.)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this Lease, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder arising after the date of such conveyance.

Appears in 1 contract

Samples: Lease Agreement (August Technology Corp)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this LeaseLease Term, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyanceconveyance as provided in Section 15.04 provided, that any transferee assumes all of Landlord's obligations hereunder.

Appears in 1 contract

Samples: Office Lease (Baldwin Piano & Organ Co /De/)

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Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term Term of this Lease, Lease subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyance.

Appears in 1 contract

Samples: Lease Agreement (Quality Dining Inc)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this LeaseLease Term, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyanceconveyance as provided in Section 15.04.

Appears in 1 contract

Samples: Office Lease (Twin Cities Power Holdings, LLC)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this LeaseLease Term, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyanceconveyance as provided in Section 15 .04.

Appears in 1 contract

Samples: Office Lease (Twin Cities Power Holdings, LLC)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this Lease, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyanceconveyance as provided in Section 17.04.

Appears in 1 contract

Samples: Lease Agreement (Team America Corporation)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this Lease, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder accruing after the date of such conveyance.

Appears in 1 contract

Samples: Lease Agreement (Futech Interactive Products Inc)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this Lease, subject only to the rights of Tenant hereunder; and such sale and conveyance shall operate to release Landlord from liability hereunder arising after the date of such conveyance, provided that the purchaser of the Building assumes Landlord's obligations and liabilities hereunder as of the date of conveyance.

Appears in 1 contract

Samples: Lease Agreement (Talk America Holdings Inc)

Sale and Conveyance of the Building. Landlord shall have the right to sell and convey the Building at any time during the term of this LeaseLease Term, subject only to the rights of Tenant hereunder; hereunder and provided that such transaction is a bona fide transaction then such sale and conveyance shall operate to release Landlord from liability hereunder after the date of such conveyanceconveyance as provided in Section 13.08. Landlord shall not permit any such sale or conveyance to cause this Lease to be terminated.

Appears in 1 contract

Samples: Office Lease (Interactive Intelligence Inc)

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