Common use of Sale of Premises by Landlord Clause in Contracts

Sale of Premises by Landlord. If Landlord sells the Premises, it shall be relieved of all liability under any and all of its covenants and obligations contained in this Lease and arising out of any act, occurrence or omission occurring after the consummation of such sale; provided, however, that the purchaser of the Premises shall be deemed without further agreement between the parties, or between the parties and any such purchaser, to have assumed and agreed to carry out all of the covenants and obligations of the Landlord arising after the closing under this Lease.

Sale of Premises by Landlord. If Landlord sells In the event of any sale of the Premises, it shall Landlord shall, after purchaser has in writing assumed any and all Landlord's covenants and obligations under this Lease, be relieved of all liability under any and all of its covenants and obligations contained in of this Lease and arising out of any act, occurrence or omission occurring after the consummation of such sale; providedand, howeverthe purchaser, that the purchaser at such sale or any subsequent seller of the Premises Premises, shall be deemed without further agreement between the parties, or between the parties in writing assume any and any such purchaser, to have assumed and agreed to carry out all of the Landlord's covenants and obligations of the Landlord arising after the closing obligation under this Lease.

Sale of Premises by Landlord. If Landlord sells the Premises, it Landlord shall be entirely relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease and arising out of any act, occurrence event or omission occurring after the consummation of such sale; provided. The purchaser at such sale, howeveror any subsequent sale, that the purchaser of the Premises shall be deemed deemed, without any further agreement between the parties, or between the parties and any such purchaseragreement, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord arising after the closing under this Lease.