Common use of Sale of Premises Clause in Contracts

Sale of Premises. Notwithstanding anything contained in this Lease to the contrary, the sale of the Premises by Landlord shall not constitute Landlord’s acceptance of Tenant’s abandonment of the Premises or rejection of the Lease or in any way impair Landlord’s rights upon Tenant’s default, including, without limitation, Landlord’s right to damages.

Appears in 15 contracts

Samples: Industrial Building Lease (NANOPHASE TECHNOLOGIES Corp), Industrial Building Lease, Ground Sublease

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Sale of Premises. Notwithstanding anything contained in this Lease to the contrary, the sale of the Premises by Landlord shall not constitute Landlord’s acceptance of Tenant’s abandonment of the Premises or rejection of the Lease or in any way impair Landlord’s rights upon TenantXxxxxx’s default, including, without limitation, LandlordXxxxxxxx’s right to damages.

Appears in 2 contracts

Samples: Ground Lease (KAR Holdings, Inc.), Ground Lease (KAR Holdings, Inc.)

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Sale of Premises. Notwithstanding anything contained in this Lease to the contrary, the sale of the Premises by Landlord shall not constitute Landlord’s acceptance of Tenant’s abandonment of the Premises or rejection of the Lease or in any way impair Landlord’s rights upon TenantTxxxxx’s default, including, without limitation, LandlordLxxxxxxx’s right to damages.

Appears in 1 contract

Samples: Industrial Building Lease (JP Outfitters, Inc.)

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