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 Complex or any interest therein, by any owner then constituting all or part of Landlord, the transferor shall thereby be released from any liability for acts or events occurring after said transfer upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant. 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 Complex 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 and the successor in interest shall assume Landlord's rights and obligations under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Webex Communications Inc)

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SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of the Complex Premises or any interest therein, by any owner of the reversion then constituting all or part of Landlord, the transferor shall thereby be released from any further liability for acts or events occurring after said transfer upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant. In Tenant provided that the transferee assumes in writing all obligations hereunder, 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 Complex 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 and the successor in interest shall assume Landlord's rights and obligations under this Leasetransfer.

Appears in 1 contract

Samples: Lease Agreement (Centaur Pharmaceuticals Inc)

SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of the Complex or any interest therein, therein by any owner then constituting all or part of Landlord, the transferor Landlord shall thereby be released from any liability for acts or relating to events occurring after said transfer upon the date of such sale or conveyance, and from any of the terms, covenants or conditions (express or implied) herein contained to be performed after the date of such sale or conveyance in favor of Tenant. In , and in such event, insofar as with respect to such transfer is concerneditems, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Complex and this Lease. This Lease lease shall not be affected by any such sale or conveyance, and Tenant agrees to attorn to the successor in interest of such transferor and the successor in interest shall assume Landlord's rights and obligations under this Leasetransferor.

Appears in 1 contract

Samples: Lease Agreement (Intuit Inc)

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SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of the Complex or any interest therein, therein by any owner then constituting all or part of Landlord, the transferor Landlord shall thereby be released from any liability for acts or relating to events occurring after said transfer upon the date of such sale or conveyance, and from any of the terms, covenants or conditions (express or implied) herein contained to be performed after the date of such sale or conveyance in favor of Tenant. In , and in such event, insofar as with respect to such transfer is concerneditems, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Complex 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 and the successor in interest shall assume Landlord's rights and obligations under this Leasetransferor.

Appears in 1 contract

Samples: Lease Agreement (Intuit Inc)

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