Sale of Landlord’s Interest. Upon sale, transfer or assignment of Landlord’s entire interest in the Building and the Center, Landlord shall be relieved of its obligations hereunder with respect to liabilities accruing from and after the date of such sale, transfer or assignment.
Sale of Landlord’s Interest. SECTION 11.01. In the event of any sale or exchange of the Property by Landlord and assignment by Landlord of this Lease, Landlord shall be relieved of all liability under all of its covenants and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Property of this Lease occurring after the consummation of such sale or exchange.
Sale of Landlord’s Interest. Upon any sale or conveyance of Landlord's interest in this Lease, and the assumption by the transferee of Landlord’s obligations arising under this Lease, Landlord shall be entirely relieved of all liability for Landlord's obligations under this Lease accruing thereafter, and the assignee or purchaser shall be deemed without any further agreement between the parties or their successors in interest to have assumed all of Landlord's obligations accruing after such conveyance.
Sale of Landlord’s Interest. In the event of any sale or transfer of the Premises or the Property and assignment of this Lease by Landlord, Landlord shall be relieved of any and all liability and obligations contained in or derived from this Lease or relating to the Premises occurring after the consummation of such sale or transfer. If any security deposit or prepaid rent has been paid by Tenant, Landlord shall transfer the security deposit or prepaid rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.
Sale of Landlord’s Interest. Prior to a transfer by Landlord of its interest in the Premises and this Lease, the following shall occur:
Sale of Landlord’s Interest. Landlord shall have the right to sell, convey, transfer or assign all or any part of its interest in the Premises, Building and Project, or all or any of its rights and obligations under this Lease, without prior notice to or the consent of Tenant.
Sale of Landlord’s Interest. Upon any sale or conveyance of Landlord's interest in this Lease, and provided the transferee of such interest assumes in writing all of Landlord's obligations hereunder from and after the date of such transfer or assignment, Landlord shall be entirely relieved of all liability for Landlord's obligations under the Lease accruing thereafter. Landlord shall, concurrently with such transfer, deliver to Tenant written notice thereof together with a copy of the instrument by which the transferee assumed the obligations of Landlord hereunder.
Sale of Landlord’s Interest. Upon sale, transfer or assignment of Landlord's entire interest in the Building and Property and the written assumption by the purchaser, transferee or assignee of all obligations and liabilities of Landlord accruing 29 30 hereunder from and after the date of such sale, transfer or assignment, Landlord shall be relieved of its obligations hereunder with respect to all such liabilities accruing from and after the date of such sale, transfer or assignment. Tenant shall be entitled to receive a copy of such written assumption agreement from Landlord within ten (10) days after Tenant's written request therefor.
Sale of Landlord’s Interest. Upon Landlord's entire interest in --------------------------- the Building and Property, Landlord shall be relieved of its obligations hereunder with respect to liabilities accruing from and after the date of such sale, transfer or assignment; provided, however, that such relief from liabilities (i) shall be effective only if and to the extent that the transferee expressly assumes in writing, for the benefit of Tenant, Landlord's obligations under this Lease, (ii) shall not apply to Landlord's environmental indemnification under Section 9.5 (d) hereof unless the transferee has, immediately after the transfer, a net worth equal to or greater than that of Landlord immediately prior to the transfer, and (iii) shall not in any event apply to Landlord's obligations with respect to the initial improvement of the Premises under Section 2.4 and Exhibit C. ---------
Sale of Landlord’s Interest. Upon sale, transfer or assignment of Landlord’s entire interest in the Building and the Property, Landlord shall remain primarily liable for all of its obligations as landlord under this Lease (a) except as may be otherwise agreed upon by Tenant in writing, or (b) except that if Landlord sells, transfers or assigns its entire interest to a successor which has a net worth of five hundred million dollars ($500,000,000) or more as of the date of the sale, transfer or assignment, and such assignee agrees in writing to assume all obligations and liabilities of Landlord arising or accruing under the Lease from and after the date of the sale, transfer or assignment, then Landlord shall be relieved of any and all such obligations and liabilities arising or accruing under this Lease from and after the date of the sale, transfer or assignment.
