Common use of Subsequent Transfer Clause in Contracts

Subsequent Transfer. If Lender, by succeeding to the interest of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s interest by Lender, all of such obligations shall terminate as to Lender.

Appears in 7 contracts

Samples: Loan Agreement, Office Lease (AssetMark Financial Holdings, Inc.), Lease Agreement (Ikanos Communications)

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Subsequent Transfer. If Lender, by succeeding to the interest of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s 's interest by Lender, all of such obligations shall terminate as to Lender.

Appears in 5 contracts

Samples: Lease (Maxlinear Inc), Land and Building Lease (Shells Seafood Restaurants Inc), Land and Building Lease (Shells Seafood Restaurants Inc)

Subsequent Transfer. If Lender, by succeeding to the interest of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s interest by Lender, all of such obligations shall terminate as to LenderLender with respect to matters arising after the date of such transfer.

Appears in 2 contracts

Samples: Memorandum of Lease (Morgans Foods Inc), Disturbance and Attornment Agreement (Morgans Foods Inc)

Subsequent Transfer. If Lender, by succeeding to the interest of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s interest by Lender, all of such obligations shall terminate as to Lender, except to the extent that such sums are not delivered by Lender to the transferee.

Appears in 2 contracts

Samples: And Attornment Agreement, Attornment and Non Disturbance Agreement (Pervasive Software Inc)

Subsequent Transfer. If Lender, by succeeding to the ------------------- interest of Lessor lessor under the Lease, should become obligated to perform the covenants of Lessor lessor thereunder, then, upon any further transfer of Lessor’s the lessor's interest by Lender, all of such obligations shall terminate as to Lender.

Appears in 1 contract

Samples: 'S Agreement (Pilot Network Services Inc)

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Subsequent Transfer. If Lender, by succeeding to the interest of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s interest the Property by LenderXxxxxx, all of such obligations shall terminate cease to accrue as to Lender.

Appears in 1 contract

Samples: Subordination Agreement (GenMark Diagnostics, Inc.)

Subsequent Transfer. If Lender, by succeeding to the interest interesst of Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s 's interest by Lender, all of such obligations shall terminate as to Lender.

Appears in 1 contract

Samples: Interior Improvement Agreement (Cylink Corp /Ca/)

Subsequent Transfer. If Lender, by succeeding to the interest of ------------------- Lessor under the Lease, should become obligated to perform the covenants of Lessor thereunder, then, upon any further transfer of Lessor’s 's interest by Lender, all of such obligations shall terminate as to Lender.

Appears in 1 contract

Samples: Office Lease (Prime Response Group Inc/De)

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