Common use of SALE OR CONVEYANCE BY LANDLORD Clause in Contracts

SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of the Premises or any interest therein, by any owner of the reversion then constituting Landlord, upon the written assumption of the obligations of the Landlord arising under this Lease from and after the date of the sale or conveyance, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant, and in such event, insofar as such transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Premises and this Lease. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees to attorn to the successor in interest of such transferor as of the date of transfer.

Appears in 1 contract

Samples: Lease Agreement (Broadbase Software Inc)

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SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of ------------------------------ the Premises or any interest therein, by any owner of the reversion then constituting Landlord, upon the written assumption of the obligations of the Landlord arising under this Lease from and after the date of the sale or conveyance, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of TenantTenant for any claims arising after such sale or conveyance, and in such event, insofar as such transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Premises and this LeaseLease for any claims arising after such transfer. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees to attorn to the successor in interest of such transferor as of the date of transfertransferor.

Appears in 1 contract

Samples: Lease Agreement (Egain Communications Corp)

SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of the Premises Complex or any interest therein, by any owner of the reversion then constituting Landlord, upon the written assumption of the obligations of the Landlord arising under this Lease from and after the date of the sale or conveyance, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant, and in such event, insofar as such transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Premises INITIAL HERE INITIAL HERE Complex and this Lease, provided that such successor-in-interest has assumed Landlord’s obligations under this Lease either by contractual obligation, assumption agreement or by operation of law. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees to attorn to the successor in interest of such transferor as of the date of transfertransferor.

Appears in 1 contract

Samples: Lease Agreement (Sonim Technologies Inc)

SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of the Premises or any interest therein, by any owner of the reversion then constituting Landlord upon assumption in writing of Landlord, upon the written assumption of the 's obligations of the Landlord arising under this Lease from and after by the date of the sale or conveyancetransferee, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant, and in such event, insofar as such transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Premises and this Lease. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees to attorn to the successor in interest of such transferor as of the date of transfertransferor.

Appears in 1 contract

Samples: Lease Agreement (Cacheflow Inc)

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SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of the Premises or any interest therein, by any owner of the reversion then constituting Landlord, upon the written assumption of the obligations of the Landlord arising under this Lease from and after the date of the sale or conveyance, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant, and in such event, insofar as such transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Premises and this Lease. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees (to attorn to the successor in interest of such transferor as transferor, provided that the transferee assumes all of Landlord's obligations in writing under the date of transferLease.

Appears in 1 contract

Samples: Lease Agreement (Curon Medical Inc)

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