Common use of TRANSFER OF LANDLORD'S RIGHTS Clause in Contracts

TRANSFER OF LANDLORD'S RIGHTS. In the event Landlord transfers its interest in the Building, Landlord shall thereby automatically be released from any further obligations arising hereunder after the date of the transfer, and Tenant agrees to look solely to the successor in interest of Landlord for the performance of such obligations, provided the successor in interest assumes in writing all obligations of Landlord hereunder from and after the date of such transfer.

Appears in 5 contracts

Samples: Sublease Agreement, Sublease Agreement (Elevate Credit, Inc.), Sublease Agreement (Elevate Credit, Inc.)

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TRANSFER OF LANDLORD'S RIGHTS. In the event Landlord transfers its interest in the Building, Landlord shall thereby automatically be released from any further obligations arising hereunder after the date of the transferhereunder, and Tenant agrees to look solely to the successor in interest of the Landlord for the performance of such obligations, provided the successor in interest assumes in writing all obligations of Landlord hereunder from and after the date of such transfer.

Appears in 2 contracts

Samples: Lease Agreement (Hallmark Financial Services Inc), Sublease Agreement (Viewlocity Inc)

TRANSFER OF LANDLORD'S RIGHTS. In the event Landlord transfers its interest in the BuildingBuilding and the transferee assumes Landlord’s obligations under this Lease, Landlord shall thereby automatically be released from any further obligations arising hereunder under this Lease accruing after the date of the such transfer, and Tenant agrees to look solely to the successor in interest of the Landlord for the performance of such obligations, provided the successor in interest assumes in writing all obligations of Landlord hereunder from and after the date of such transfer.

Appears in 1 contract

Samples: Lease Agreement (Monitronics International Inc)

TRANSFER OF LANDLORD'S RIGHTS. In the event Landlord transfers its ----------------------------- interest in the Building, Landlord shall thereby automatically be released from any further obligations arising hereunder after the date of the transferhereunder, and Tenant agrees to look solely to the successor in interest of the Landlord for the performance of such obligations, provided the successor in interest assumes in writing all obligations of Landlord hereunder from and after the date of such transfer.

Appears in 1 contract

Samples: Lease Agreement (Entrust Inc)

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TRANSFER OF LANDLORD'S RIGHTS. In the event Landlord transfers its interest in the BuildingPremises, Landlord shall thereby automatically be released from any further obligations arising hereunder after the date of the transferhereunder, and Tenant agrees to look solely to the successor in interest of Landlord for the performance of such obligations, provided the successor in interest assumes in writing all obligations of Landlord hereunder from and after the date of such transfer.

Appears in 1 contract

Samples: Lease Agreement (Lmi Aerospace Inc)

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