Common use of Sale or Transfer of Premises Clause in Contracts

Sale or Transfer of Premises. If Landlord sells or transfers all ---------------------------- or any portion of its interest in the land and improvements of which Premises are a part, Landlord, on consummation of the sale or transfer, shall be released and discharged from any liability under this Lease upon the transfer of all prepaid rent and any unexpended security deposit to Landlord's successor.

Sale or Transfer of Premises. If the Landlord sells or transfers all ---------------------------- or any portion of its interest in the Premises, or the Building, improvements and land and improvements of which the Premises are is a part, Landlord, on consummation of then the sale or transfer, Landlord shall be released and discharged from any liability thereafter accruing under this Lease upon (a) the transfer of all consummation and (b) the Landlord accounting to any such transferee for any security deposit and prepaid rent and any unexpended security deposit to Landlord's successorof the Tenant hereunder.

Sale or Transfer of Premises. If Landlord sells or transfers all ---------------------------- or any portion of its interest in the Premises, the Building, or the improvements and land and improvements of which the Premises and the Building are a part, Landlord, on then Landlord shall be released from any liability thereafter accruing under this Lease upon (a) the consummation of the such sale or transfer, shall be released and discharged from (b) Landlord accounting to any liability under this Lease upon the transfer of all such transferee for any Security Deposit and prepaid rent and any unexpended security deposit to Landlord's successorof Tenant.

Sale or Transfer of Premises. If Landlord sells or transfers all ---------------------------- or any portion of its interest in the land and improvements of which Premises are a partPremises, Landlord, on consummation of the sale or transfer and the buyer's or transferee's written notice to Tenant that such entity has assumed all liabilities of Landlord accruing under this Lease after the date of such sale or transfer, shall be released and discharged from any liability thereafter accruing under this Lease upon the transfer of all prepaid rent and any unexpended security deposit to Landlord's successorLease.

Sale or Transfer of Premises. If Landlord sells or transfers all ---------------------------- or any portion of its interest in the land and improvements of which Premises are a partPremises, Landlordthe Building or the Real Property, on consummation of the sale or transfer, Landlord shall be released and discharged from any liability thereafter accruing under this Lease upon the transfer of all prepaid rent and any unexpended security deposit to if Xxxxxxxx’s successor has assumed in writing Landlord's successor’s obligations under this Lease.