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 the Complex or any interest therein by any owner of the reversion then constituting Landlord, upon written assumption by the successor in interest of the obligations and liabilities under this Lease, the transferor shall thereby be released from any then current and 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. Notwithstanding anything to the contrary above, if Landlord sells or otherwise conveys its interest in the Premises or Complex, Landlord shall not be relieved of its obligations under the Lease, unless Landlord's successor in interest assumes, in writing, Landlord's obligations under the Lease.

SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of the Premises or the Complex or any interest therein by any owner of the reversion then constituting Landlord, upon written assumption by the successor in interest of the obligations and liabilities under this Lease, the transferor shall thereby be released from any then current and 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. Notwithstanding anything to the contrary set forth above, if Landlord sells or otherwise conveys its interest in the Premises or ComplexPremises, Landlord shall not be relieved of its obligations under the Lease, unless Landlord's successor in interest assumes, in writing, Landlord's obligations under the Lease. Prior to any such sale or conveyance of the Premises or any interest therein, Landlord shall consult with Tenant as contemplated in Paragraph 10.1.