Common use of Assignment by City Clause in Contracts

Assignment by City. If City sells or otherwise transfers the Premises, or if City assigns it interest in this Lease, such purchaser, transferee, or assignee there shall be deemed to have assumed City’s obligations under this Lease arising after the date of such transfer, and City shall thereupon be relieved of all liabilities under this Lease arising thereafter, but this Lease shall otherwise remain in full force and effect. Lessee shall attorn to City’s successor.

Appears in 1 contract

Samples: Lease Agreement

AutoNDA by SimpleDocs

Assignment by City. If City sells or otherwise transfers the PremisesBuilding, or if City assigns it or sells its interest in this Lease, such purchaser, transferee, or assignee there thereof shall be deemed to have assumed City’s 's obligations under this Lease arising after the date of such transfer, and City shall thereupon be relieved of all liabilities under this Lease arising thereafter, but this Lease shall otherwise remain in full force and effect. Lessee shall attorn to City's successor, which assumes and agrees to perform all of City’s successorobligations under this Lease.

Appears in 1 contract

Samples: Seattle Waldorf School

Assignment by City. If City sells or otherwise transfers the Premises, Premises or if City assigns it its interest in this Lease, such purchaser, transferee, or assignee there thereof shall be deemed to have assumed City’s 's obligations under this Lease arising after the date of such transfer, and City shall thereupon be relieved of all liabilities under this Lease arising thereafter, but this Lease shall otherwise remain in full force and effect. Lessee shall attorn to City's successor, which assumes and agrees to perform all of City’s successor.obligations under this Lease.‌

Appears in 1 contract

Samples: Example Use Agreement

AutoNDA by SimpleDocs

Assignment by City. If City sells or otherwise transfers the Premises, or if City assigns it its interest in this Lease, such purchaser, transferee, or assignee there thereof shall be deemed to have assumed City’s 's obligations under this Lease arising after the date of such transfer, and City shall thereupon be relieved of all liabilities under this Lease arising thereafter, but this Lease shall otherwise remain in full force and effect. Lessee shall attorn to City's successor, which assumes and agrees to perform all of City’s successorobligations under this Lease.

Appears in 1 contract

Samples: Pitch and Putt Lease Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.