Common use of Transfer of Landlord’s Interest Clause in Contracts

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 23 contracts

Samples: Lease Agreement (Mounger Corp), Office Building Lease (Probusiness Services Inc), Lease Agreement (Diversa Corp)

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Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's ’s successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 8 contracts

Samples: Office Building Lease (Realnetworks Inc), Lease Agreement (Summit Healthcare REIT, Inc), Sublease Agreement (Biolargo, Inc.)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may shall transfer the security deposit or prepaid Rent to Landlord's ’s successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 3 contracts

Samples: Office Lease (Arcadia Biosciences, Inc.), Office Lease (Arcadia Biosciences, Inc.), Office Lease (Arcadia Biosciences, Inc.)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing provided the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If Tenant has paid any security deposit Security Deposit or prepaid Rent has been paid by TenantRent, Landlord may transfer the security deposit Security Deposit or prepaid Rent to Landlord's successor and upon such transfer, ; Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 2 contracts

Samples: Office Suite Lease Agreement (High Desert Holding Corp.), Office Suite Lease Agreement (High Desert Holding Corp.)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or ProjectBuilding, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project Building or Lease occurring after the consummation of such sale or transfer, providing provided the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's ’s successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 2 contracts

Samples: Office Building Lease, Office Building Lease (Avalara Inc)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease Lehse by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Building Lease (Villageedocs Inc)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale sate or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Lease Agreement (Air Methods Corp)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, the transferring Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing transfer so long as the purchaser shall expressly assume or transferee assumes in writing all of the covenants and obligations of Landlord under this Lease“Landlord” hereunder. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may shall transfer the security deposit or prepaid Rent to Landlord's ’s successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Building Lease (Premiere Global Services, Inc.)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building Premises or the Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation completion of such sale or transfer, providing the purchaser and Landlord's successor shall expressly assume be solely responsible for all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.. Tenant shall fully and properly cooperate in the completion of such transfer

Appears in 1 contract

Samples: Office Building Lease (Viasat Inc)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after alter the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Lease (Valuestar Corp)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's ’s successor and upon such transfer, . Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Building Lease (Unify Corp)

Transfer of Landlord’s Interest. hat In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission omi,ssion relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may shall transfer the security deposit or depositor prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Building Lease (Unify Corp)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's ’s successor and and, upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Lease Agreement (Blow & Drive Interlock Corp)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the PremisesPremis-es, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Lease Agreement (Pacific Coast National Bancorp)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, act occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Multi Tenant Office R&d Building Lease (Protein Polymer Technologies Inc)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, . Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Building Lease (Augment Systems Inc)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit Security Deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit Security Deposit or prepaid Rent to Landlord's successor and upon such transfer, and assumption by such successor, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Building Lease (Scoop Inc/Ca)

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Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or this Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit Security Deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit Security Deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Building Lease (Ampersand Medical Corp)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project Project, or Lease occurring after the consummation of such sale or transfer, providing the purchaser Purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit Security Deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit Security Deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Lease Agreement (Satcon Technology Corp)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, . Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may shall transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Building Lease (Money Store Inc /Nj)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.,

Appears in 1 contract

Samples: Office Building Lease (American River Holdings)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, ; providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Lease Agreement (Air Methods Corp)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any any, act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Building Lease (Newgold Inc)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Lease (Beverage Works Inc)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may shall transfer the security deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Building Lease (Money Store Inc /Nj)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premises, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or Lease occurring after the consummation of such sale or transfer, providing the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent has been paid by Tenant, Landlord may transfer the security deposit or of prepaid Rent to Landlord's successor and upon such transfer, Landlord shall be relieved of or any and all further liability with respect thereto.

Appears in 1 contract

Samples: Office Building Lease (Remedytemp Inc)

Transfer of Landlord’s Interest. In the event of any sale or transfer by Landlord of the Premisesbuilding or project of which the Premises are a part, Building or Project, and assignment of this Lease by Landlord, Landlord shall be and is hereby entirely freed and relieved of any and all liability and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises, Building, Project or the Lease occurring after the consummation of such that sale or transfer, providing provided the purchaser shall expressly assume all of the covenants and obligations of Landlord under this Lease. If any security deposit or prepaid Rent rent has been paid by Tenant, Landlord may transfer the security deposit or prepaid Rent rent to Landlord's successor and upon such that transfer, Landlord shall be relieved of any liability in connection with those rents and all further liability with respect theretodeposits.

Appears in 1 contract

Samples: Office Building Lease (SmartCool Systems, Inc.)

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