Common use of TRANSFER OF LESSOR'S INTEREST Clause in Contracts

TRANSFER OF LESSOR'S INTEREST. In the event of the sale, assignment or transfer by Lessor of its interest in the Demised Premises or in this lease (other than a collateral assignment to secure a debt of Lessor) to a successor in interest who expressly assumes the obligations of Lessor hereunder, Lessor shall thereupon be released or discharged from all of its covenants and obligations hereunder, except such obligations as shall have accrued prior to any such sale, assignment or transfer; and Lessee agrees to look solely to such successor in interest of Lessor for performance of such obligations. Lessor's assignment of the lease or of any or all of its rights herein shall in no manner affect Lessee's obligations hereunder. Lessee shall thereafter attorn and look to such assignee, as Lessor, provided Lessee has first received written notice of such assignment of Lessor's interest.

TRANSFER OF LESSOR'S INTEREST. In the event of the sale, assignment or transfer by Lessor of its his interest in the Demised Premises Facilities or in this lease Agreement (other than a collateral assignment to secure a debt of Lessor) to a successor in interest who expressly assumes the obligations of Lessor hereunderunder this Agreement, Lessor shall thereupon be released or and discharged from all of its his covenants and obligations hereunder, under this Agreement except such those obligations as shall that have accrued prior to any such sale, assignment or transfer; and Lessee agrees to look solely to such the successor in interest of Lessor for the performance of those covenants accruing after such obligationssale, assignment or transfer. Lessor's assignment of the lease this Agreement, or of any or all of its his rights herein in this Agreement, shall in no manner not affect Lessee's obligations hereunderunder this Agreement. Lessee shall thereafter attorn and look to such assignee, the assignee as Lessor, provided Lessee has first received written notice of such the assignment of Lessor's interest.

TRANSFER OF LESSOR'S INTEREST. In the event of the sale, assignment or transfer by the Lessor of its interest in the Demised Premises Building or in this lease Lease (other than a collateral assignment to secure a debt of the Lessor) to a successor in interest who expressly assumes the obligations of the Lessor hereunderunder this Lease, the Lessor shall thereupon be released or and discharged from all of its covenants and obligations hereunderunder this Lease, except such obligations as shall which have accrued prior to any such sale, assignment or transfer; , and Lessee agrees to look solely to such the Lessor's successor in interest of Lessor for performance of such obligations. The Lessor's assignment of the lease Lease or of any or all of its rights herein interest in the Building shall in no manner not affect the Lessee's obligations hereunderunder this Lease. The Lessee shall thereafter attorn and look to such the Lessor's assignee, as Lessorlandlord, provided the Lessee has first received written notice of such the assignment of the Lessor's interest. The Lessor shall have the right to freely sell, assign or otherwise transfer its interest in the Building and/or this Lease.