Subsequent Transfer. If Lender, by succeeding to the interest of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s interest by Lender, all of such obligations shall terminate as to Lender.
Appears in 7 contracts
Samples: Building Loan Agreement, Office Lease (AssetMark Financial Holdings, Inc.), Lease Agreement (Ikanos Communications)
Subsequent Transfer. If Lender, by succeeding to the interest of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s 's interest by Lender, all of such obligations shall terminate as to Lender.
Appears in 5 contracts
Samples: Lease (Maxlinear Inc), Land and Building Lease (Shells Seafood Restaurants Inc), Land and Building Lease (Shells Seafood Restaurants Inc)
Subsequent Transfer. If Lender, by succeeding to the interest of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s interest by Lender, all of such obligations shall terminate as to Lender, except to the extent that such sums are not delivered by Lender to the transferee.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement (Pervasive Software Inc)
Subsequent Transfer. If Lender, by succeeding to the interest of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s interest by Lender, all of such obligations shall terminate as to LenderLender with respect to matters arising after the date of such transfer.
Appears in 2 contracts
Samples: Master Land and Building Lease (Morgans Foods Inc), Purchase and Sale Agreement (Morgans Foods Inc)
Subsequent Transfer. If Lender, by succeeding to the interest of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s interest the Property by LenderXxxxxx, all of such obligations shall terminate cease to accrue as to Lender.
Appears in 1 contract
Samples: Lease (GenMark Diagnostics, Inc.)
Subsequent Transfer. If Lender, by succeeding to the interest of ------------------- Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s 's interest by Lender, all of such obligations shall terminate as to Lender.
Appears in 1 contract
Subsequent Transfer. If Lender, by succeeding to the ------------------- interest of Lessor lessor under the Lease, should become obligated to perform the covenants of Lessor lessor thereunder, then, upon any further transfer of Lessor’s the lessor's interest by Lender, all of such obligations shall terminate as to Lender.
Appears in 1 contract
Samples: Lease (Pilot Network Services Inc)
Subsequent Transfer. If Lender, by succeeding to the interest interesst of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s 's interest by Lender, all of such obligations shall terminate as to Lender.
Appears in 1 contract
Samples: Lease (Cylink Corp /Ca/)
