Common use of TRANSFER OF PROPERTY INTERESTS Clause in Contracts

TRANSFER OF PROPERTY INTERESTS. Except as requested by Tenant pursuant to Section 11.2 or 20.1, Landlord shall not transfer to any third party any rights inuring to or benefits associated with the Premises (including, without limitation, zoning rights, development rights, air space rights, mineral, oil, gas or water rights). Nothing in this Section 20.3 shall limit Landlord's rights pursuant to Section 13.2; provided that any purchaser of Landlord's interest in the Premises shall be bound by the terms of this Lease, including without limitation, the terms of this Section 20.3.

Appears in 3 contracts

Samples: Lease (Cisco Systems Inc), Ground Lease (Cisco Systems Inc), Ground Lease (Cisco Systems Inc)

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TRANSFER OF PROPERTY INTERESTS. Except as requested by Tenant pursuant to Section 11.2 or 20.1this Lease, Landlord shall not transfer to any third party any rights inuring to or benefits associated with the Premises (including, without limitation, zoning rights, development rights, air space rights, mineral, oil, gas or water rights). Nothing in this Section 20.3 shall limit Landlord's right to transfer Landlord's interest in this Lease to a third party or its rights to transfer the Premises, pursuant to Section 13.211.2; provided that as to a transfer under Section 11.2 any purchaser of Landlord's interest in the Premises shall be bound by the terms of this Lease, including without limitation, limitation the terms of this Section 20.3).

Appears in 1 contract

Samples: Octel Communications Corp

TRANSFER OF PROPERTY INTERESTS. Except as requested by Tenant pursuant to Section 11.2 or 20.1this Lease, Landlord shall not transfer to any third party any rights inuring to or benefits associated with the Premises Parcels (including, without limitation, zoning rights, development rights, air space rights, mineral, oil, gas or water rights). Nothing in this Section 20.3 23.3 shall limit Landlord's ’s right to transfer Landlord’s interest in this Lease to a third party or its rights to transfer the Parcels pursuant to Section 13.214.2; provided that as to a transfer under Section 14.2 any purchaser of Landlord's ’s interest in the Premises Parcels shall be bound by the terms of this Lease, including without limitation, limitation the terms of this Section 20.323.3).

Appears in 1 contract

Samples: Master Lease of Land and Improvements (Adobe Systems Inc)

TRANSFER OF PROPERTY INTERESTS. Except as requested by Tenant pursuant to Section 11.2 or 20.1this Lease, Landlord shall not transfer to any third party any rights inuring to or benefits associated with the Premises (including, without limitation, zoning rights, development rights, air space rights, mineral, oil, gas or water rights). Nothing in this Section 20.3 shall limit Landlord's rights pursuant to Section 13.2SECTION 14.2; provided that any purchaser of Landlord's interest in the Premises shall be bound by the terms of this Lease, including without limitation, limitation the terms of this Section 20.3SECTION 21.3).

Appears in 1 contract

Samples: Adobe Systems Inc

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TRANSFER OF PROPERTY INTERESTS. Except as requested by Tenant pursuant to Section 11.2 or 20.1this Lease, Landlord shall not transfer to any third party any rights inuring to or benefits associated with the Premises Parcels (including, without limitation, zoning rights, development rights, air space rights, mineral, oil, gas or water rights). Nothing in this Section 20.3 23.3 shall limit Landlord's right to transfer Landlord's interest in this Lease to a third party or its rights to transfer the Parcels, pursuant to Section 13.214.2; provided that as to a transfer under Section 14.2 any purchaser of Landlord's interest in the Premises Parcels shall be bound by the terms of this Lease, including without limitation, limitation the terms of this Section 20.323.3).

Appears in 1 contract

Samples: Participation Agreement (Adobe Systems Inc)

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