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 3 contracts

Samples: Lease Agreement, 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. 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: Lease Agreement, Telecommunications Marketing Master 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 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: Lease Agreement, Lease Agreement

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