Transfer of the Leased Premises. If the ownership of all or part of the leased premises is transferred during the lease term, Party A shall ensure that the transferee continues to perform this Contract. Under the same conditions of transfer, Party B has the preemptive right to purchase the leased premises.
Transfer of the Leased Premises. Defined. Except for transfer described in section 21.5 hereof, the terms "Transfer of the Leased Premises" or "Transfer" as used herein shall include any of the following, whether voluntary or involuntary and whether effected by death, operation of law or otherwise:
Transfer of the Leased Premises. 7.1.The transfer of the Leased Premises provided for in this agreement shall take place on the Closing Date of the Purchase Agreement. The Lessor transfers the Leased Premises "AS IS". The Leased Premises are deemed to be in a suitable condition for the use as listed in Section 2 of this agreement. The Lessor represents that at the Closing Date the Leased Premises comply with all applicable laws including without limitation, environmental protection laws, construction laws, the fire police law and the requirements of the Labor Statute. 7.2.The Parties renounce to draw up a transfer protocol. 7.3.On the day of the transfer the Lessor will exchange the old badges delivered to the transferred employees for the new ones in order to allow the entering in the building and in the Leased Premises to the Lessee. The replacement of lost or stolen badges during the lease are part of the Mandatory Services of the Lessor and are in his exclusive competence. The Lessee shall immediately inform the Lessor of any loss. The Lessee must pay the costs of the replacement. The procurement of additional badges is in the exclusive competence of the Lessor. The Lessee shall inform the Lessor of any need hereof. 7.4.The Lessor will instruct the Lessee about the security system of the building. 7.5The Lessee confirms that he has received a copy of the 'IBM Zurich-Site Safety Manual', which is attached to this Lease Agreement as Schedule 6.
Transfer of the Leased Premises. Defined. Except for an Affiliated ---------------------------------------- Transfer described in section 21.5 hereof, the terms "Transfer of the Leased Premises" or "Transfer" as used herein shall include any assignment of all or any part this Lease (including an assignment by operation of law), subletting of all or any part the Leased Premises or transfer of possession, or right of possession or contingent right of possession of all or any portion of the Leased Premises including, without limitation, concession, mortgage, deed of trust, devise, hypothecation, agency, franchise or management agreement, or the occupancy or use by any other person (the agents and servants of Tenant excepted) of any portion of the Leased Premises. If Tenant is a corporation which is not deemed a public corporation, or is an unincorporated association, partnership or limited liability company or partnership, or consists of more than one party, the transfer, assignment or hypothecation of any stock or interest in such corporation, association, partnership, limited liability company or ownership interest, in the aggregate (whether in a single transaction or series of separate but related transactions over a period of time) of twenty- five percent (25%) or more, shall be deemed a Transfer of the Leased Premises.
Transfer of the Leased Premises. Six months after the effectiveness of the Agreement, any intends of Party A to transfer some or entire Leased Premises shall be informed to Party B at least three months ahead of the sale. Party B shall have the priority on purchasing the Leased Premises under the same conditions. Any transfer of the ownership of the Leased Premises shall not damage the effectiveness of the Agreement.
