Common use of Sale of Premises or Building Clause in Contracts

Sale of Premises or Building. Landlord may sell the Premises or the Building without affecting the obligations of Tenant hereunder; upon the sale of the Premises or the Building, Landlord shall be relieved of all responsibility for the Premises and shall be released from any liability thereafter accruing under this Lease.

Appears in 6 contracts

Samples: Commencement Agreement (Autobytel Inc), Commencement Agreement (Accentia Biopharmaceuticals Inc), Office Lease (Syniverse Technologies Inc)

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Sale of Premises or Building. Landlord may sell the Premises or the Building without affecting the obligations of Tenant hereunder; upon the sale of the Premises or the Building, and upon Landlord’s compliance with Section 29j below, Landlord shall be relieved of all responsibility for the Premises and shall be released from any liability thereafter accruing under this LeaseLease to the extent such responsibility and/or liability is assumed by the applicable transferee.

Appears in 3 contracts

Samples: Office Lease (Medquist Inc), Office Lease (CBaySystems Holdings LTD), Office Lease (CBaySystems Holdings LTD)

Sale of Premises or Building. Landlord may sell the Premises or the Building without affecting the obligations of Tenant hereunder; upon . Upon the sale of the Premises or the Building, Landlord shall be relieved of all responsibility for the Premises and shall be released from any liability thereafter accruing under this Lease provided that Landlord’s successor in interest has assumed in writing all obligations of Landlord under the Lease.

Appears in 2 contracts

Samples: Office Lease (G1 Therapeutics, Inc.), Office Lease (G1 Therapeutics, Inc.)

Sale of Premises or Building. Landlord may sell the Premises or the Building without affecting the obligations of Tenant hereunder; upon the sale of the Premises or the Building, Landlord shall be relieved of all responsibility for the Premises and shall be released from any liability thereafter accruing under this Lease.

Appears in 2 contracts

Samples: Office Lease (Active Network Inc), Ground Sublease Agreement (Spherix Inc)

Sale of Premises or Building. Landlord may sell the Premises or the Building without affecting the obligations of Tenant hereunder; upon . Upon the sale of the Premises or the Building, Landlord shall be relieved of all responsibility for the Premises and shall be released from any liability thereafter accruing under this Lease.

Appears in 2 contracts

Samples: Office Lease (Surgery Partners, Inc.), Office Lease (Comprehensive Care Corp)

Sale of Premises or Building. Landlord may sell the Premises or the Building without affecting the obligations of Tenant hereunder; upon the sale of the Premises or the Building, and upon Landlord's compliance with Section 29j below, Landlord shall be relieved of all responsibility for the Premises and shall be released from any liability thereafter accruing under this LeaseLease to the extent such responsibility and/or liability is assumed by the applicable transferee.

Appears in 1 contract

Samples: Office Lease (Spheris Inc.)

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Sale of Premises or Building. Landlord may sell the Premises or the Building without affecting the obligations of Tenant hereunder; upon . Upon the sale of the Premises or the Building, Landlord shall be relieved of all responsibility for the Premises and shall be released from any liability thereafter accruing under this Lease, except for the obligation to return the Security Deposit.

Appears in 1 contract

Samples: Office Lease (Clearside Biomedical, Inc.)

Sale of Premises or Building. Landlord may sell the Premises or the Building without affecting the obligations of Tenant hereunder; upon the sale of the Premises or the BuildingBuilding and the express assumption by the transferee of Landlord’s obligations under this Lease, Landlord shall be relieved of all responsibility for the Premises and shall be released from any liability thereafter accruing under this Lease.

Appears in 1 contract

Samples: Saxon Capital Inc

Sale of Premises or Building. Landlord may sell the Premises or the Building without affecting the obligations of Tenant hereunder; upon the sale of the Premises or the Building, Landlord shall be relieved of all responsibility for the Premises and shall be released from any liability thereafter accruing under this Lease, provided the entity succeeding to Landlord's interest with respect thereto shall assume all obligations of Landlord under this Lease accruing after such transfer.

Appears in 1 contract

Samples: Commencement Agreement (Brown & Brown Inc)

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