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

Transfer of Landlord’s Interest. Landlord shall have the right to transfer and assign, in whole or in part, all of its ownership interest, rights and obligations in the Building, Project or Lease, including the Security Deposit, and upon transfer Landlord shall be released from any further obligations hereunder, and Tenant agrees to look solely to the successor in interest of Landlord for the performance of such obligations and the return of any Security Deposit.

Appears in 21 contracts

Samples: Lease (Connect Biopharma Holdings LTD), Lease Agreement (Janux Therapeutics, Inc.), Lease (Medicinova Inc)

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Transfer of Landlord’s Interest. Landlord shall have the right to transfer and assign, in whole or in part, all of its ownership interest, rights and obligations hereunder and in the Building, Project or Lease, including the Security Depositand any other property referred to herein, and in such event and upon such transfer (any such transferee to have the benefit of, and be subject to, the rights and obligations of Landlord hereunder), Landlord shall be released from any further obligations hereunder, hereunder and Tenant agrees to look solely to the successor in such successor-in-interest of Landlord for the performance of such obligations and the return of any Security Depositobligations.

Appears in 3 contracts

Samples: Office Lease (En Pointe Technologies Inc), Standard Office Lease (Pilot Network Services Inc), Standard Office Lease (Netgear Inc)

Transfer of Landlord’s Interest. Landlord shall have the right to transfer and assign, in whole or in part, all of its ownership interest, rights and obligations in the Building, Project or Lease, including the Security Deposit, and upon transfer Landlord shall be released from any further obligations hereunder, and Tenant Xxxxxx agrees to look solely to the successor in interest of Landlord for the performance of such obligations and the return of any Security Deposit.

Appears in 3 contracts

Samples: Lease Agreement (Linkhome Holdings Inc.), Lease (Capstone Dental Pubco, Inc.), Lease Agreement (AVITA Medical, Inc.)

Transfer of Landlord’s Interest. Landlord shall have has the right to transfer and assign, in whole all or in part, all part of its ownership interest, rights and obligations interest in the BuildingBuilding and Project and in this Lease. On such a transfer, Project or Lease, including the Security Deposit, and upon transfer Landlord shall automatically be released from any further obligations hereunderall liability accruing under this Lease, and Tenant agrees to shall look solely to the successor in interest of Landlord that transferee for the performance of such Landlord's obligations and under this Lease after the return date of any Security Deposittransfer, subject to Section 6.

Appears in 2 contracts

Samples: Office Lease (Cayenta Inc), Office Lease (Acc Consumer Finance Corp)

Transfer of Landlord’s Interest. Landlord shall have has the right to transfer and assign, in whole all or in part, all part of its ownership interest, rights and obligations interest in the BuildingBuilding and Real Property and in this Lease. On such a transfer, Project or Lease, including the Security Deposit, and upon transfer Landlord shall automatically be released from any further obligations hereunder, and Tenant agrees to look solely to the successor in interest of Landlord for the performance of such obligations and the return of any Security Deposit.released

Appears in 1 contract

Samples: Office Lease (Quokka Sports Inc)

Transfer of Landlord’s Interest. Tenant acknowledges that Landlord shall have has the right to transfer and assign, in whole all or in part, all any portion of its ownership interest, rights and obligations interest in the Building, Project or Building and in this Lease, including and Tenant agrees that in the Security Depositevent of any such transfer, and upon transfer Landlord shall automatically be released from any further obligations hereunder, all liability under this Lease and Tenant agrees to look solely to the successor in interest of Landlord such transferee for the performance of Landlord's obligations hereunder after the date of transfer, and Tenant shall attorn to such obligations and the return of any Security Deposittransferee.

Appears in 1 contract

Samples: Office and R&d Lease (Aquantia Corp)

Transfer of Landlord’s Interest. Landlord shall have the right to transfer and assign, in whole or in part, all of its ownership interest, rights and obligations hereunder and in the Building, Project or Lease, including the Security Depositand other property referred to herein, and in such event and upon such transfer (any such transferee to have the benefit of, and be subject to, the rights and obligations of Landlord hereunder), Landlord shall be released from any further obligations hereunder, hereunder and Tenant agrees to look solely to the successor in such successor-in-interest of Landlord for the performance of such obligations and the return of any Security Depositobligations.

Appears in 1 contract

Samples: Standard Office Lease (Health Management Systems Inc)

Transfer of Landlord’s Interest. Landlord shall have has the right to transfer and assign, in whole all or in part, all any portion of its ownership interest, rights and obligations interest in the Building, Project or Real Property and in this Lease, including and in the Security Depositevent of any such transfer, and upon transfer Landlord shall automatically be released from any further obligations hereunderall liability under this Lease arising after such transfer, and Tenant agrees to shall look solely to the successor in interest of Landlord such transferee for the performance of such Landlord’s obligations and hereunder after the return date of any Security Deposittransfer.

Appears in 1 contract

Samples: Office Lease (bioAffinity Technologies, Inc.)

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Transfer of Landlord’s Interest. Landlord shall have the right to transfer and assign, in whole or in part, all of its ownership interest, rights and obligations in the Building, Project or Lease, including the Security Deposit, and upon transfer Landlord shall be released from any further obligations hereunder, and Tenant agrees to look solely to the successor in interest of Landlord for the performance of such obligations and the return of any Security Deposit.. ​

Appears in 1 contract

Samples: Lease Agreement (Mullen Automotive Inc.)

Transfer of Landlord’s Interest. Landlord shall have Tenant acknowledges that Xxxxxxxx has the right to transfer and assign, in whole assign all or in part, all any portion of its ownership interestrights, rights obligations and obligations interest in the BuildingPremises, Project the Property or Building and in this Lease, including and Xxxxxx agrees that in the Security Depositevent of any such transfer, and upon transfer Landlord shall automatically be released from any further obligations hereunderall liability under this Lease not accrued on or prior to the date of the transfer, and Tenant Xxxxxx agrees to look solely to the successor in interest of Landlord such transferee for the performance of Landlord’s obligations hereunder for events occurring after the date of transfer and to attorn to such obligations and the return of any Security Deposittransferee.

Appears in 1 contract

Samples: Office Lease (Cambium Networks Corp)

Transfer of Landlord’s Interest. Landlord shall have reserves the right to sell, assign or transfer this Lease upon the condition that in such event this Lease shall remain in full force and assigneffect, in whole subject to the performance by Landlord of all the terms, covenants and conditions on its part to be performed. Upon any such sale, assignment or in parttransfer, all of its ownership interestother than merely as security, rights and obligations in the Building, Project or Lease, including the Security Deposit, and upon transfer Landlord shall be released from any further obligations hereunder, and Tenant agrees to look solely to the successor assignee or transferee with respect to all matters in interest of connection with this Lease and Landlord for the performance of such obligations and the return of shall be completely released from any Security Depositfurther obligations.

Appears in 1 contract

Samples: Office Lease (Nord Resources Corp)

Transfer of Landlord’s Interest. Landlord shall have the right to transfer and assign, in whole or in part, all of its ownership interest, rights and obligations in the Building, Project Land or Lease, including the Security Deposit, and upon transfer Landlord shall be released from any further obligations hereunder, and Tenant Xxxxxx agrees to look solely to the successor in interest of Landlord for the performance of such obligations and the return of any Security Deposit.

Appears in 1 contract

Samples: Ground Lease

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