Common use of Transfer for Landlord Clause in Contracts

Transfer for Landlord. In the event of a sale or conveyance by Landlord of the Property, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's successor in interest with respect thereto and agrees to attorn to such successor.

Appears in 8 contracts

Samples: Lease Agreement (MRS Fields Financing Co Inc), Industrial Building Lease (Build a Bear Workshop Inc), Industrial Building Lease (Vascular Solutions Inc)

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Transfer for Landlord. In the event of a sale or conveyance by Landlord of the Property, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's ’s successor in interest with respect thereto and agrees to attorn to such successor.

Appears in 3 contracts

Samples: Industrial Building Lease (Sed International Holdings Inc), Industrial Building Lease (Liquidity Services Inc), Industrial Building Lease (Liquidity Services Inc)

Transfer for Landlord. In the event of a sale or conveyance by Landlord of the Property, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of TenantTenant to the extent such covenants and conditions are assumed by Landlord’s successor-in-interest, and in such event Tenant agrees to look solely to Landlord's ’s successor in interest with respect thereto and agrees to attorn to such successor.

Appears in 2 contracts

Samples: Industrial Building Lease (Wornick CO Right Away Division, L.P.), Industrial Building Lease (TWC Holding Corp.)

Transfer for Landlord. In the event of a sale or conveyance by Landlord of the Property, WITH WRITTEN NOTICE TO TENANT OF SUCH SALE OR CONVEYANCE, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's successor in interest with respect thereto and agrees to attorn to such successor.

Appears in 2 contracts

Samples: Business Lease (Asset Acceptance Capital Corp), Business Lease (Asset Acceptance Capital Corp)

Transfer for Landlord. In the event of a sale or conveyance by Landlord of the Property, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's ’s successor in interest with respect thereto and agrees to attorn to such successor, who shall be liable for all obligations of Landlord under this Lease.

Appears in 2 contracts

Samples: Industrial Building Lease (Gordmans Stores, Inc.), Industrial Building Lease (Gordmans Stores, Inc.)

Transfer for Landlord. In the event of a sale or conveyance by Landlord of the Property, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's successor in interest ("Successor Landlord") with respect thereto and agrees to attorn to such successor, provided such Successor Landlord has assumed all obligations under this Lease from and after the date of the transfer.

Appears in 2 contracts

Samples: Industrial Building Lease (Griffin Capital Essential Asset REIT II, Inc.), Industrial Building Lease (Griffin Capital Essential Asset REIT II, Inc.)

Transfer for Landlord. In the event of a sale or conveyance by Landlord of the Property, and provided that Landlord’s successor shall assume Landlord’s duties and obligations under this Lease, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's ’s successor in interest with respect thereto and agrees to attorn to such successor.

Appears in 1 contract

Samples: Industrial Building Lease (Zars Inc/Ut)

Transfer for Landlord. In the event of a sale or conveyance ----------------------- by Landlord of the Property, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express expressed or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's successor in interest with respect thereto and agrees to attorn to such successor.

Appears in 1 contract

Samples: Industrial Building Lease (Data Call Technologies)

Transfer for Landlord. In the event of a sale or conveyance by --------------------- Landlord of the Property, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's successor in interest with respect thereto and agrees to attorn to such successor.

Appears in 1 contract

Samples: Industrial Building Lease (Maxwell Shoe Co Inc)

Transfer for Landlord. In the event of a sale or conveyance by Landlord of the PropertyPremises, and provided that the successor Landlord assumes the Lease in writing, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's successor in interest with respect thereto and agrees to attorn to such successor.

Appears in 1 contract

Samples: Industrial Building Lease (Protarga Inc)

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Transfer for Landlord. In the event of a sale or conveyance by Landlord of the Property, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, as long as Successor Landlord (as herein defined) assumes in writing all of the obligations of Landlord under this Lease and in such event Tenant agrees to look solely to Landlord's ’s successor in interest (“Successor Landlord”) with respect thereto and agrees to attorn to such successorSuccessor Landlord.

Appears in 1 contract

Samples: Industrial Building Lease (Datalink Corp)

Transfer for Landlord. In the event of a sale or conveyance by Landlord of the Property, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's ’s successor in interest with respect thereto and agrees to attorn to such successor, provided such successor agrees to assume Landlord’s obligations hereunder.

Appears in 1 contract

Samples: Lease Agreement (Digital Lightwave Inc)

Transfer for Landlord. In the event of a sale or conveyance by Landlord of the Property, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's ’s successor in interest with respect thereto and agrees to attorn to such successorsuccessor provided such successor agrees to assume the obligations of Landlord hereunder and receives the Deposit.

Appears in 1 contract

Samples: Industrial Building Lease (M Wave Inc)

Transfer for Landlord. In the event of a sale or conveyance by Landlord of the PropertyPremises, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's ’s successor in interest with respect thereto and agrees to attorn to such successor; provided, however, that the purchaser of the Premises separately assumes all of Landlord’s obligations and liabilities under this Lease.

Appears in 1 contract

Samples: Industrial Building Lease (Bway Corp)

Transfer for Landlord. In the event of a sale or conveyance by Landlord of the PropertyProperty AND ASSUMPTION OF THIS LEASE BY TRANSFEREE, the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event Tenant agrees to look solely to Landlord's successor in interest with respect thereto and agrees to attorn to such successor.

Appears in 1 contract

Samples: Industrial Building Lease (Research Inc /Mn/)

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