Common use of Transfer of Deposit Clause in Contracts

Transfer of Deposit. Landlord may transfer the security deposit to any purchaser of Landlord’s interest in the Premises, and thereupon Landlord will be discharged from any further liability with respect to said deposit.

Transfer of Deposit. Landlord may transfer deliver the security deposit Security Deposit to any purchaser the transferee of Landlord’s 's interest in the Demised Premises, in the event that such interest be transferred, and thereupon upon delivery of notice from such transferee to Tenant acknowledging receipt thereof Landlord will shall be discharged from any further liability with respect to said depositthe Security Deposit.

Transfer of Deposit. Landlord may transfer the security deposit deliver Tenant’s Security Deposit and Utility Deposit to any purchaser of Landlord’s interest in the PremisesLeased Premises and, and thereupon upon such delivery, Landlord will shall be discharged from any further liability with respect to said depositthe Security Deposit and Utility Deposit.

Transfer of Deposit. Landlord may transfer deliver the security and any other deposit made hereunder by Tenant to any the purchaser of Landlord’s 's interest in the Premisesproperty in the event that such interest be sold or otherwise conveyed, and thereupon Landlord will shall be discharged from any further liability with respect to said such deposit; and this provision shall also apply to any subsequent transferee of Landlord.