Common use of Transfer of Security Deposit Clause in Contracts

Transfer of Security Deposit. If Landlord transfers its interest in the Project or this Lease, Landlord may transfer the Security Deposit to its transferee. If Landlord so transfers the Security Deposit, Landlord shall have no further obligation to return the Security Deposit to Tenant, and Tenant’s right to the return of the Security Deposit shall apply solely against Landlord’s transferee, provided that Landlord gives Tenant written notice of such transfer.

Transfer of Security Deposit. If Landlord transfers its interest ---------------------------- in the Project or this Lease, Landlord may shall transfer the Security Deposit to its transferee. If Landlord so transfers the Security DepositUpon such transfer, Landlord shall have no further obligation to return the Security Deposit to Tenant, and Tenant’s 's right to the return of the Security Deposit shall apply solely against Landlord’s 's transferee, provided that Landlord gives Tenant written notice of such transfer.

Transfer of Security Deposit. If Landlord transfers its interest in the Project or this Lease, Landlord may transfer the Security Deposit to its transferee. If Landlord so transfers the Security Deposit, Landlord shall have no further obligation to return the Security Deposit to Tenant, and Tenant’s right to the return of the Security Deposit shall apply solely against Landlord’s transferee, provided that Landlord gives Tenant written notice of such transfer.

Transfer of Security Deposit. If Landlord transfers its interest in the Project or this Lease, Landlord may shall transfer the Security Deposit to its transferee. If Landlord so transfers the Security DepositUpon such transfer, Landlord shall have no further obligation to return the Security Deposit to Tenant, and Tenant’s right to the return of the Security Deposit shall apply solely against Landlord’s transferee, provided that Landlord gives Tenant written notice of such transfer.