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, 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 sale or 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; andprovided:

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, and if owner if: (i) the new owner expressly agrees 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 assume Landlord's obligations; andthe 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 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; andif:

Appears in 1 contract

Samples: Office Lease (Iwo Holdings Inc)

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Transfer of Premises. If the Building or Project is sold or transferred, voluntarily or involuntarily, Landlord's Lease obligations and liabilities accruing under this Lease after the transfer shall be the sole responsibility of the new ownerowner of the Building or Project, and if (i) provided that: the new owner is able to and expressly agrees in writing to assume Landlordsuch obligations and liabilities; and any of Tenant's obligations; andfunds that the Landlord is holding, such as the Security Deposit, are delivered to the new owner.

Appears in 1 contract

Samples: Office Lease Agreement (E Loan Inc)

Transfer of Premises. If the Building Premises 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 if (i) the new owner expressly agrees in writing to assume Landlord's obligations; andif:

Appears in 1 contract

Samples: Consygen Inc

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