Common use of Sale of Site Clause in Contracts

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).

Appears in 4 contracts

Samples: Site Lease Agreement, Deed of Lease Agreement, Site Lease Agreement

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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 LesseeXxxxxx’s right hereunder. Lessor shall be released from its obligations under this Lease in the event of a sale and the assignee assumes LessorXxxxxx’s obligations hereunder (including the recognition of LesseeXxxxxx’s rights hereunder).

Appears in 2 contracts

Samples: Deed of Lease Agreement, Site Lease Agreement

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. In the event of a sale, Lessor shall be released from its obligations under this Lease in the event of a sale and once the assignee assumes Lessor’s obligations hereunder (including the recognition of Lessee’s rights hereunder).

Appears in 2 contracts

Samples: Real Property Deed of Lease Agreement, Lease Agreement

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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 LesseeXxxxxx’s right hereunder. In the event of a sale, Lessor shall be released from its obligations under this Lease in the event of a sale and once the assignee assumes LessorXxxxxx’s obligations hereunder (including the recognition of LesseeXxxxxx’s rights hereunder).

Appears in 1 contract

Samples: Real Property Deed of Lease Agreement

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