Common use of Sale of Premises by Landlord Clause in Contracts

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 11 contracts

Samples: Office Building Lease (Doubleclick Inc), Office Building Lease (Qt 5 Inc), Office Building Lease (Abacus Direct Corp)

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Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises Premises, shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 9 contracts

Samples: Office Lease (Obagi Medical Products, Inc.), Lease (VCG Holding Corp), Lease (VCG Holding Corp)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease Agreement 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 Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this LeaseAgreement.

Appears in 8 contracts

Samples: Office and Warehouse Lease, Office and Warehouse Lease, Office and Warehouse Lease (Tilly's, Inc.)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, purchaser to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 5 contracts

Samples: Office Building Lease (Fair Isaac & Company Inc), Office Building Lease (Fair Isaac & Company Inc), Office Building Lease (Fair Isaac & Company Inc)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 5 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Sale of Premises by Landlord. In the event of any sale of the Building, and assignment of Tenant's Security Deposit to Purchaser, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises Premises, shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 3 contracts

Samples: Lease (Colorado Medtech Inc), Lease (Vstream Inc /Co), Lease (Hei Inc)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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 but only if the purchaser, purchaser at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations obliga tions of the Landlord under this Lease.

Appears in 3 contracts

Samples: Commercial Lease (Bay Area Bancshares), Commercial Lease (Bay Area Bancshares), Commercial Lease (Penn Octane Corp)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 3 contracts

Samples: Standard Office Lease (Orange National Bancorp), Asset Purchase Agreement (Cet Environmental Services Inc), Lease Agreement (Western Sierra Bancorp)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises Premises, shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 3 contracts

Samples: Lease (Exabyte Corp /De/), Office Building Lease (Sycamore Park Convalescent Hospital), Lease Agreement (Vstream Inc /Co)

Sale of Premises by Landlord. In the event of any sale of the Building, and assignment of Tenant’s Security Deposit to a purchaser, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises Premises, shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 3 contracts

Samples: Lease (Brickell Biotech, Inc.), Lease (Signal Genetics, Inc.), Lease Agreement (Monotype Imaging Holdings Inc.)

Sale of Premises by Landlord. In the event of any sale or other transfer of the BuildingProject by Landlord, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease arising out of any act, occurrence occurrence, or omission occurring after the consummation of such salesale or transfer; and the purchaser, at such sale or any subsequent sale new owner of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 3 contracts

Samples: Lease (Optimer Pharmaceuticals Inc), Lease (Optimer Pharmaceuticals Inc), Building Lease (Genstar Therapeutics Corp)

Sale of Premises by Landlord. In the event of any sale of the Buildingdemised premises by Landlord, Landlord shall be and is hereby entirely freed and relieved of 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, at such sale or any subsequent sale of the Premises demised premises, shall be deemed, deemed without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Leaselease.

Appears in 2 contracts

Samples: Lease Agreement (Liquidity Services Inc), Lease Agreement (Liquidity Services Inc)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale sale, or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 2 contracts

Samples: Office Building Lease (Castle Biosciences Inc), Office Building Lease (Castle Biosciences Inc)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of 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 purchaserpurchase, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or of their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 2 contracts

Samples: Office Building Lease (Prime Bancorp Inc), Lease Agreement (Prime Bancorp Inc)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or of their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Brighton Technologies Corp), Lease Agreement (Brighton Technologies Corp)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, purchaser to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Leaselease.

Appears in 2 contracts

Samples: Office Building Lease (Fair Isaac & Company Inc), Office Building Lease (Fair Isaac & Company Inc)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 2 contracts

Samples: Retail Lease Agreement, Retail Lease Agreement

Sale of Premises by Landlord. In the event of any sale of the Buildingdemised premises by Landlord, Landlord shall be and is hereby entirely freed and relieved of 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, at such sale or any subsequent sale of the Premises demised premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any by such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the landlord under this lease. Further, Tenant agrees to attorn to the new owner upon any such sale and recognize such purchaser as the Landlord under this Leaselease.

Appears in 2 contracts

Samples: Lease (Landacorp Inc), Lease (Landa Management Systems Corp)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their the successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 2 contracts

Samples: Commercial Lease (Northern Empire Bancshares), Commercial Lease (Northern Empire Bancshares)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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 sale to the extent the purchaser, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed assumes and agreed agrees to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 2 contracts

Samples: Lease (Sunesis Pharmaceuticals Inc), Lease Agreement (Sunesis Pharmaceuticals Inc)

Sale of Premises by Landlord. In the event of any sale of the ---------------------------- Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 2 contracts

Samples: Office Building Lease (Industrial Training Corp), Office Lease (Netsource Communications Inc)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at sale provided such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, purchaser agrees to have assumed and agreed to carry out assume any and all of the covenants and obligations of the Landlord under this Leasehereunder.

Appears in 2 contracts

Samples: Office Lease (Transatlantic Petroleum Ltd.), Office Lease (Transatlantic Petroleum Ltd.)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations obligation 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 2 contracts

Samples: Lease Agreement (GigOptix, Inc.), Lease Agreement (Emulex Corp /De/)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, purchaser to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Commercial Lease (Poore Brothers Inc)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Brass Eagle Inc)

Sale of Premises by Landlord. In the event of any sale of the Building, and assignment of Tenant's Security Deposit to a purchaser, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises Premises, shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease Agreement (AeroGrow International, Inc.)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this the Lease.

Appears in 1 contract

Samples: Lease Agreement (Valley National Corp /De/)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from rom this Lease arising out of any act, occurrence or omission occurring after the consummation of such sale; and the purchaserpurchase, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Envirometrics Inc /De/)

Sale of Premises by Landlord. In the event of any sale of the Buildingbuilding, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Guidance Software, Inc.)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Michigan Heritage Bancorp Inc)

Sale of Premises by Landlord. In the event of any sale of the -------------------------------- Building, Landlord shall be and is hereby entirely freed and relieved of all 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 . The purchaser, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Office/Warehouse Building Lease (Ableauctions Com Inc)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises Building shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease. Nothing herein shall restrict or limit the right of the Landlord to sell, assign transfer or encumber the Building in any way Landlord deems appropriate in its sole discretion.

Appears in 1 contract

Samples: Lease (Heritage Oaks Bancorp)

Sale of Premises by Landlord. In the event of any sale of the BuildingProperty, Landlord shall be and is hereby entirely freed and relieved released of all 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, purchaser at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Office Lease (Juina Mining Corp Inc)

Sale of Premises by Landlord. In the event of any sale of the BuildingDemised Premises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises Demised Premises, shall be deemed, deemed without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Top Group Holdings Inc)

Sale of Premises by Landlord. In the event of any sale of the Buildingdemised premises by Landlord, Landlord shall be and is hereby entirely freed and relieved of 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, at such sale or any subsequent sale of the Premises demised premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Leaselease.

Appears in 1 contract

Samples: Lease Agreement (Central Coast Bancorp)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Shopping Center Lease (La Rosa Holdings Corp.)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease Addendum (Coast Bancorp)

Sale of Premises by Landlord. In the event of any sale of the ---------------------------- Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Office Building Lease (Lightbridge Inc)

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

Appears in 1 contract

Samples: Standard Form Shopping Center Lease (Pacific Premier Bancorp Inc)

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Sale of Premises by Landlord. In the event of any bona-fide sale of the BuildingPremises by Landlord for value, Landlord shall be and is hereby entirely freed and relieved of from all liability under any and all of its covenants and obligations provision contained in or derived from this Lease herein, arising out of any act, occurrence or of omission occurring after the consummation of such sale; and the purchaser, at such sale or any subsequent sale of the Premises shall be deemed, deemed without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease, arising from and after the consummation of such sale.

Appears in 1 contract

Samples: Lease (Isecuretrac Corp)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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 provided the purchaser, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to shall have assumed in writing and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Office Lease Agreement (Eschelon Telecom Inc)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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, purchaser at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in successors-in-interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Office Building Lease (Southwest Community Bancorp)

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

Appears in 1 contract

Samples: Lease Agreement (Commercial Concepts Inc)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Pawnbroker Com Inc)

Sale of Premises by Landlord. In the event of any sale of the Building------------------------------- Premises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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 but only if the purchaser, purchaser at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations obliga-tions of the Landlord under this Lease.

Appears in 1 contract

Samples: Commercial Lease (Penn Octane Corp)

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

Appears in 1 contract

Samples: Land Lease Agreement

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

Appears in 1 contract

Samples: Office Building Lease (Ambassadors International Inc)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Office Lease (Netsource Communications Inc)

Sale of Premises by Landlord. In the event of any sale of the ---------------------------- Building, Landlord shall be and is hereby entirely freed and relieved of 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 Premises shall be deemed, without any further agreement between the parties or of their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Office Lease (Portal Software Inc)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all 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; sales and the purchaser, at such sale or any subsequent sale of the Premises shall be deemed, deemedL without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Grand Slam Treasures Inc)

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

Appears in 1 contract

Samples: Lease Agreement (Allstar Systems Inc)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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 purchaserpurchase, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Envirometrics Inc /De/)

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

Appears in 1 contract

Samples: Lease Agreement (Sionix Corp)

Sale of Premises by Landlord. In the event of any sale of the ---------------------------- Building, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises Premises, shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Office Building Lease (Colorado Business Bankshares Inc)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, purchaser to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Value America Inc /Va)

Sale of Premises by Landlord. In the event of any sale or other transfer of the BuildingProject by Landlord, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease arising out of any act, occurrence occurrence, or omission occurring after the consummation of such salesale or transfer; and the purchaser, at such sale or any subsequent sale new owner of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this LeaseLease provided that such purchaser assumes Landlord's obligations in writing.

Appears in 1 contract

Samples: Building Lease (Alexion Pharmaceuticals Inc)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this 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 Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Office Building Lease (Intek Information Inc)

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

Appears in 1 contract

Samples: Commercial Lease (Bioforce Nanosciences Holdings, Inc.)

Sale of Premises by Landlord. In the event of any sale of the BuildingPremises or Former Premises, Landlord shall be be, and is hereby hereby, entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises or Former Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this LeaseLease arising out of any act, occurrence or omission occurring after the consummation of such sale.

Appears in 1 contract

Samples: Building Lease (Vdi Media)

Sale of Premises by Landlord. In the event of any sale of the Buildingpremises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all 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, at such sale or any subsequent sale of the Premises premises, shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease (International Broadcasting Corp /Nv/)

Sale of Premises by Landlord. In the event of any sale of the BuildingDemised Premises by Landlord, Landlord shall be and is hereby entirely freed and relieved of 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, at such sale or any subsequent sale of the Demised Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Leaselease.

Appears in 1 contract

Samples: Master Lease Amendment (United Auto Group Inc)

Sale of Premises by Landlord. In If the event of any sale of the BuildingPremises are sold, Landlord ----------------------------- shall be and is hereby entirely freed and relieved of all 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 mission occurring after the consummation of such sale; and the purchaser, at such sale or any subsequent sale of the Premises shall be deemedrequired, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed assume and agreed agree to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Lease (Visual Numerics Inc)

Sale of Premises by Landlord. In the event of any sale of the BuildingBuilding and assignment of the Master Lease, Landlord shall be and is hereby entirely freed and relieved of all 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 salesale and assignment; and the purchaser, at such sale or assignment or any subsequent sale or assignment of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Office Building Lease (Saba Petroleum Co)

Sale of Premises by Landlord. In the event of any sale of the Building, Landlord shall be and is hereby entirely freed and relieved of 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, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Appears in 1 contract

Samples: Office Building Lease (Diagnostic Retrieval Systems Inc)

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