Common use of Transfer of Premises Clause in Contracts

Transfer of Premises. If the Building is sold or transferred, voluntarily or involuntarily, Landlord’s Lease obligations and liabilities accruing after the transfer shall be the sole responsibility of the new owner.

Appears in 2 contracts

Samples: Lease (Bancshares of Florida Inc), Lease (Bancshares of Florida Inc)

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Transfer of Premises. If the Building is sold or transferred, voluntarily or involuntarily, the Landlord’s Lease obligations and liabilities accruing after the transfer shall be the sole responsibility of the new owner.owner if:

Appears in 2 contracts

Samples: Office Lease (Accuray Inc), Office Lease (TomoTherapy Inc)

Transfer of Premises. If the Building is sold or transferred, voluntarily or involuntarily, Landlord’s 's Lease obligations and liabilities accruing after the transfer shall be the sole responsibility of the new owner., and

Appears in 2 contracts

Samples: Office Lease Agreement (Engage Technologies Inc), United Therapeutics Corp

Transfer of Premises. If the Building is sold or transferred, voluntarily or involuntarily, Landlord’s 's Lease obligations and liabilities accruing after the transfer shall be the sole responsibility of the new owner.owner if:

Appears in 1 contract

Samples: Office Lease (Iwo Holdings Inc)

Transfer of Premises. If the Building is sold or transferred, voluntarily or involuntarily, Landlord’s Lease obligations and liabilities accruing after the transfer shall be the sole responsibility of the new owner if: (i) the new owner assumes Landlord’s obligations in writing and (ii) the Tenant’s funds that the Landlord is holding, such as the Security Deposit (or a credit in the amount of such Tenant funds), are given to the new owner.

Appears in 1 contract

Samples: Lease Agreement (Blackboard Inc)

Transfer of Premises. If the Building is sold or transferred, voluntarily or involuntarily, Landlord’s 's Lease obligations and liabilities accruing after the transfer shall be the sole responsibility of the new owner., and if (i) the new owner expressly agrees in writing to assume Landlord's obligations; and

Appears in 1 contract

Samples: Office Lease Agreement (Total Sports Inc)

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Transfer of Premises. If the Building is sold or transferred, voluntarily or involuntarily, Landlord’s Lease obligations and liabilities accruing after the transfer shall be the sole responsibility of the new owner., and

Appears in 1 contract

Samples: Office Lease Agreement (North State Bancorp)

Transfer of Premises. If the Building is sold or transferred, voluntarily or involuntarily, Landlord’s 's Lease obligations and liabilities accruing after the sale or transfer shall be the sole responsibility of the new owner.owner provided:

Appears in 1 contract

Samples: Office Lease Agreement (Inflow Inc)

Transfer of Premises. If the Building is sold or transferred, ------------------------------- voluntarily or involuntarily, Landlord’s 's Lease obligations and liabilities accruing after the transfer shall be the sole responsibility of the new owner.owner if:

Appears in 1 contract

Samples: Nationwide Financial Services Capital Trust

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