SALE OF SITE Sample Clauses

SALE OF SITE. Any sale by Lessor of all or part of the Leased Premises to a purchaser other than Lessee shall be under and subject to this Lease and Lessee’s right hereunder. Lessor shall be released from its obligations under this Lease in the event of a sale and the assignee assumes Lessor’s obligations hereunder (including the recognition of Lessee’s rights hereunder).
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SALE OF SITE. In the event Host transfers (by sale, lease or otherwise) all or a portion of its interest in the Site, Host shall remain primarily liable to Provider for the performance of the obligations of Host hereunder notwithstanding such transfer. However, if no Host Event of Default has occurred and is continuing and the transferee is acceptable to Provider and Financing Party in their sole discretion and executes agreements assuming this Agreement in form and substance satisfactory to Provider and Financing Party in their sole discretion, Host may be released from further obligations under this Agreement.
SALE OF SITE. In the event of any sale of the Site, Landlord shall be and hereby is entirely freed and relieved of all further liability which arises from and after such sale under any and all of its covenants and obligations contained in or derived from this Lease and the purchaser, at such sale or any subsequent sale of the Site, 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 Landlord under this Lease. If any Security Deposit or prepaid Rent has been paid by Tenant, Landlord will transfer the Security Deposit and 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 SITE. In the event [COMPANY 1] transfers (by sale, lease or otherwise) all or a portion of its interest in the Site, [COMPANY 1] shall remain primarily liable to [PROVIDER COMPANY] for the performance of the obligations of [COMPANY 1] hereunder notwithstanding such transfer. However, if no [COMPANY 1] Event of Default has occurred and is continuing and the transferee is acceptable to [PROVIDER COMPANY] and Financing Party in their sole discretion and executes agreements assuming this Agreement in form and substance satisfactory to [PROVIDER COMPANY] and Financing Party in their sole discretion, [COMPANY 1] may be released from further obligations under this Agreement.
SALE OF SITE. In the event Host transfers (by sale, lease, or otherwise) all ora a portion of its interest in the Site , Host shall remain primarily liable to Provider for the performance of the obligations of Host hereunder notwithstanding such transfer. However, if no Host Event of Default has occurred and is continuing and the transferee is acceptable to Provider and Financing Party in their sole discretion and executes agreements assuming this Agreement in form and substance satisfactory to Provider and Financing Party "Financing Party" means a Project Lessor or Lender. in their sole discretion, Host may be released from further obligations under this Agreement . [(10e) If the customer sells the site where the Project is located, the customer will continue to pay Tioga for electricity generated by the Project unless the new site owner is acceptable to Tioga and the financing party, in their sole discretion, and takes over the PPA].
SALE OF SITE. Any sale by Lessor of all or part of the Leased Premises to a purchaser other than Lessee shall be under and subject to this Lease and Lessee’s right hereunder. Lessor shall be released from its obligations under this Lease in the event of a sale and the assignee assumes Lessor’s obligations hereunder (including the recognition of Lessee’s rights hereunder). Notwithstanding the foregoing, Lessor shall not sell the Site or the portion of the Site that includes the Leased Premises or assign this Lease to any tower company that is in direct competition with Lessee, any ground lease aggregator or any lease buyout company in the business of constructing towers or monopoles, purchasing land on which towers are located or purchasing leasehold interest in property on which towers are located. If Lessor breaches this Section 23, Lessee shall have the right to pursue any and all remedies available to Lessee hereunder or under applicable law including, without limitation, injunctive relief.

Related to SALE OF SITE

  • Purchase and Sale of Stock Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to Purchaser, an aggregate of 37,500 shares of the Common Stock of the Company (the "Stock") at $0.01 per share, for an aggregate purchase price of $375.00, payable in cash. The closing hereunder, including payment for and delivery of the Stock, shall occur at the offices of the Company immediately following the execution of this Agreement, or at such other time and place as the parties may mutually agree (the "Closing").

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