Common use of Sale of Building by Landlord Clause in Contracts

Sale of Building by Landlord. In the event of any sale of the building in which the leased premises are located by Landlord, Landlord shall be relieved of any liability under any and all of its covenants and obligations contained in or derived from this lease arising out of any act, occurrence or omission occurring after the consummation of such sale, and the purchaser shall be deemed, without any further agreement between the parties, and any such purchaser, to have assumed and agreed to cam/ out any and all of the covenants and obligations of Landlord under this lease.

Sale of Building by Landlord. In the event of any sale of the building in which the leased premises are located Building by Landlord, Landlord shall be and is hereby entirely freed and relieved of any all liability under any and all of its covenants and obligations contained in In or derived from this lease Lease arising out of any act, occurrence or omission occurring after the consummation of such sale, ; and the purchaser purchaser, at such sale or any subsequent sale of the Building shall be deemed, without any further agreement between the parties, parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to cam/ carry out any and all of the covenants and obligations of the Landlord under this leaseLease.

Sale of Building by Landlord. In the event of any sale of the building in which the leased premises are located by LandlordBuilding, Landlord shall be and is hereby entirely freed and relieved of any all liability under any and all of its covenants and obligations contained in or derived from this lease Lease arising out of any act, occurrence occurrence, or omission occurring after the consummation of such sale, ; and the purchaser purchaser, at such sale or any subsequent sale of the Building shall be deemed, without any further agreement between the parties, parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to cam/ carry out any and all of the covenants and obligations of the Landlord under this leaseLease.

Sale of Building by Landlord. In the event of any sale of the building in which the leased premises are located by LandlordBuilding, Landlord shall be and is hereby entirely freed and relieved of any all liability under any and all of its covenants and obligations contained in or derived from this lease Lease arising out of any act, occurrence or omission occurring after the consummation of such sale, ; and the purchaser purchaser, at such sale or any subsequent sale of the Building shall be deemed, without any further agreement between the parties, parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to cam/ carry out any and all of the covenants and obligations of the Landlord under this leaseLease. In connection with any such sale, Landlord agrees to obtain Purchaser's express written assumption of this Lease.