Sale by the Landlord. If the Landlord transfers or disposes of all or any part of the Building or the Landlord’s interest under this Lease, then to the extent that the transferee or disposee agrees with the Landlord to assume its obligations under this Lease, the Landlord will be released from them, except for existing defaults as of the date of the transfer or disposition.
Appears in 2 contracts
Samples: Lease (Fuelcell Energy Inc), Office Lease (Telvent Git S A)
Sale by the Landlord. If the Landlord transfers or disposes of all or any part of the Building or the Lands or all or part of the Landlord’s interest under this Lease, then to the extent that the transferee or disposee agrees with the Landlord to assume its the Landlord’s obligations under this Lease, the Landlord will be released from them, except for the existing defaults as of the date of the transfer or disposition.
Appears in 1 contract
Samples: Agreement of Lease (Dirtt Environmental Solutions LTD)
Sale by the Landlord. If the Landlord transfers or disposes of all or any part of the Building Leased Premises or all or part of the Landlord’s interest therein or under this Lease, then to the extent that the transferee or disposee agrees with the Landlord to assume its the Landlord’s obligations under this Lease, the Landlord will be released from them, except for the existing defaults as of the date of the transfer or disposition.
Appears in 1 contract
Samples: Lease (Adsero Corp)
