TRANSFER OF OWNERSHIP BY LESSOR. If Lessor transfers ownership of the office building (other than as security for a mortgage) and if Lessor has delivered to the transferee all of Lessee's security deposits and any prepaid rents, Lessor shall be released from all liability under the lease; and such transferee shall become liable as Lessor. Such right to be released of liability shall accrue to subsequent owners only if such transfer is in good faith and for consideration.
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Samples: Office Lease (Mission Critical Software Inc), One Ecommerce Corp, One Ecommerce Corp
TRANSFER OF OWNERSHIP BY LESSOR. If Lessor transfers ownership of the office building (other than as security for a mortgage) and if Lessor has delivered to the transferee all of Lessee's security deposits and any prepaid rents, Lessor shall be released from all liability under the lease; and , provided such transferee shall become liable as LessorLessor in writing at the time of such transfer. Such right to be released of liability shall accrue to subsequent owners only if such transfer is in good faith and for consideration.
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Samples: Office Lease (Deja Com Inc)
TRANSFER OF OWNERSHIP BY LESSOR. If Lessor transfers ownership of the office building Building (other than as security for a mortgage) and if Lessor has delivered to the transferee all of Lessee's security deposits ’s Security Deposits and any prepaid rentsRents, Lessor shall be released from all liability under the leaseLease; and such transferee shall become liable as Lessor. Such right to be released of liability shall accrue to subsequent owners only if such transfer is in good faith and for consideration.
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TRANSFER OF OWNERSHIP BY LESSOR. If Lessor transfers ownership of the office building (other than as security for a mortgage) and if Lessor has delivered to the transferee all of Lessee's security deposits and any prepaid rents, Lessor shall be released from all liability under the lease; lease and such transferee shall become liable as Lessor. Such right to be released of liability shall accrue to subsequent owners only if such transfer is in good faith and for consideration.
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Samples: Office Lease (Synplicity Inc)
TRANSFER OF OWNERSHIP BY LESSOR. If Lessor transfers ownership of the office building Property (other than as security for a mortgage) and if Lessor has delivered to the transferee all of Lessee's security deposits and any prepaid rents, Lessor shall be released from all liability under the leaseLease; and such transferee shall become liable as Lessor. Such right to be released of liability shall accrue to subsequent owners only if such transfer is in good faith and for consideration.
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TRANSFER OF OWNERSHIP BY LESSOR. If Lessor transfers ownership of the office building (other than as security for a mortgage) and if Lessor has delivered to the transferee all of Lessee's ’s security deposits and any prepaid rents, Lessor shall be released from all liability under the leaseLease; and such transferee shall become liable as Lessor. Such right to be released of liability shall accrue to subsequent owners only if such transfer is in good faith and for consideration.
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