Common use of Transfers by Landlord Clause in Contracts

Transfers by Landlord. Landlord shall have the right to transfer and assign all of its rights and obligations hereunder in the Building, and in such event and upon such transfer, no further liability or obligations shall thereafter accrue for obligations arising after such transfer or assignment against such party as Landlord hereunder. No owner of the Leased Premises shall be liable under this Lease except for breaches of Landlord’s obligations occurring while such person is the owner of the Leased Premises.

Appears in 2 contracts

Samples: Houghton Mifflin Co, Houghton Mifflin Co

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Transfers by Landlord. Landlord shall have the right to transfer and assign assign, in whole or in part, all of its rights and obligations hereunder in the Building, and in . In such event and upon such transfer, no further liability or obligations shall thereafter accrue for obligations arising after such transfer against the transferring or assignment against such party assigning person as Landlord hereunder. No owner of hereunder with respect to the Leased Premises shall be liable under this Lease except for breaches of Landlord’s period after the closing, to the extent such obligations occurring while are assumed by such person is the owner of the Leased Premisestransferee.

Appears in 2 contracts

Samples: Lease (Rhythm Pharmaceuticals, Inc.), Lease (Rhythm Pharmaceuticals, Inc.)

Transfers by Landlord. Landlord shall have the right to transfer --------------------- and assign assign, in whole or in part, all of its rights and obligations hereunder and in the BuildingProject. Upon transfer by Landlord of its interest in the Project, and in such event and upon such transferthe transferee's assumption of Landlord's obligations hereunder, no further liability or obligations shall thereafter accrue for obligations arising after such transfer against the transferring or assignment against such party assigning person as Landlord hereunder. No owner of the Leased Premises shall be liable under this Lease except for breaches of Landlord’s obligations occurring while such person is the owner of the Leased Premises.

Appears in 1 contract

Samples: Lease (Actuate Corp)

Transfers by Landlord. Landlord shall have the right to transfer and assign all of its rights and obligations hereunder in the Building, and in such event and upon such transfer, no further liability or obligations shall thereafter accrue for obligations arising after such transfer or assignment against such party as Landlord hereunder. No owner of the Leased Premises shall be liable under this Lease except for breaches of Landlord’s 's obligations occurring while such person is the owner of the Leased Premises.

Appears in 1 contract

Samples: Section Page (Houghton Mifflin Co/Fa)

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Transfers by Landlord. Landlord shall have the right to transfer and assign assign, in whole or in part, all of its rights and obligations hereunder and in the BuildingProject. Upon transfer by Landlord of its interest in the Project, and in such event and upon such transferthe transferee’s assumption of Landlord’s obligations hereunder, no further liability or obligations shall thereafter accrue for obligations arising after such transfer against the transferring or assignment against such party assigning person as Landlord hereunder. No owner of the Leased Premises shall be liable under this Lease except for breaches of Landlord’s obligations occurring while such person is the owner of the Leased Premises.

Appears in 1 contract

Samples: Office Building Lease (Fox Hollow Technologies Inc)

Transfers by Landlord. Landlord shall have the right to transfer and assign --------------------- assign, in whole or in part, all of its rights and obligations hereunder and in the BuildingProject. Upon transfer by Landlord of its interest in the Project, and in such event and upon such transferthe transferee's assumption of Landlord's obligations hereunder, no further liability or obligations shall thereafter accrue for obligations arising after such transfer against the transferring or assignment against such party assigning person as Landlord hereunder. No owner of the Leased Premises shall be liable under this Lease except for breaches of Landlord’s obligations occurring while such person is the owner of the Leased Premises.

Appears in 1 contract

Samples: Actuate Corp

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