Common use of Assignment by Landlord Clause in Contracts

Assignment by Landlord. Landlord shall have the unrestricted right to sell, lease, convey, encumber or otherwise dispose of the Office Building or any part thereof and this Lease or any interest of the Landlord in this Lease. To the extent that the purchaser, assignee or secured party from Landlord assumes the obligations of Landlord under this Lease, Landlord shall thereupon and without further agreement be released of all liability under this Lease.

Appears in 6 contracts

Samples: Lease Agreement (Netmaximizer Com Inc), Lease Agreement (Netmaximizer Com Inc), Lease Agreement (Netmaximizer Com Inc)

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Assignment by Landlord. The Landlord shall have the unrestricted right to sell, lease, convey, encumber convey or otherwise dispose of the Office Building all or any part thereof and of the Building or Lands or this Lease or any interest of the Landlord in this Lease. To the extent that the purchaser, purchaser or assignee or secured party from the Landlord assumes the obligations of the Landlord under this Lease, the Landlord shall thereupon and without further agreement be released of from all liability under this Lease.

Appears in 4 contracts

Samples: Lease (Sierra Oncology, Inc.), Lease (Braintech Inc/Bc), Lease (Sideware Systems Inc)

Assignment by Landlord. The Landlord shall have the unrestricted right to sell, lease, convey, encumber convey or otherwise dispose of the Office Building all or any part thereof and of the Building or Lands or this Lease or any interest of the Landlord in this Lease. To the extent that the purchaser, purchaser or assignee or secured party from the Landlord assumes the obligations of the Landlord under this Lease, the Landlord shall thereupon and without further agreement be released of from all subsequent liability under this Lease.

Appears in 2 contracts

Samples: Lease (Fortune Entertainment Corp /De/), Lease (Fortune Entertainment Corp /De/)

Assignment by Landlord. The Landlord shall have the unrestricted right to sell, lease, convey, encumber convey or otherwise dispose of the Office Building all or any part thereof and of its interest in any or all of the Properties or this Lease or any interest of the Landlord in this LeaseLease to any affiliate of the Landlord or any corporation affiliated with McCain Foods Limited. To the extent that the purchaser, purchaser or assignee or secured party from the Landlord assumes the obligations of the Landlord under this Lease, the Landlord shall thereupon and without further agreement be released of all liability under this Lease.

Appears in 2 contracts

Samples: Thomas Equipment (Maxim Mortgage Corp/), Thomas Equipment (Maxim Mortgage Corp/)

Assignment by Landlord. Landlord shall have the unrestricted right to sell, lease, convey, encumber mortgage, pledge, encumber, hypothecate or otherwise transfer or dispose of the Office Building all or any part thereof portion of the Project and this Lease or any interest of the Landlord in this Lease. To the extent that the purchaser, purchaser or assignee or secured party from Landlord assumes the obligations of Landlord under this Lease, Landlord shall thereupon and without further agreement be released of all further liability under this Lease.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (McClatchy Co)

Assignment by Landlord. The Landlord shall have the unrestricted right to sell, transfer, lease, convey, encumber charge or otherwise dispose of the Office Building all or any part thereof and this Lease of its interest in the Development or any interest of the Landlord in this Lease. To In the event of any sale, transfer, lease, charge or other disposition and to the extent that the purchaser, assignee or secured party from of the Landlord’s interest in this Lease agrees with the Landlord assumes to assume the obligations of the Landlord under this Lease, the Landlord shall thereupon thereupon, and without further agreement agreement, be released of all liability under this Lease.

Appears in 2 contracts

Samples: Sub Sublease, Sub Sublease (Clementia Pharmaceuticals Inc.)

Assignment by Landlord. The Landlord shall have the unrestricted right to sell, transfer, lease, convey, encumber charge or otherwise dispose of the Office Building all or any part thereof and this Lease of its interest in the Building or any interest of the Landlord in this Lease. To In the event of any sale, transfer, lease, charge or other disposition to the extent that the purchaser, assignee or secured party from the Landlord assumes agrees with the Landlord to assume the obligations of the Landlord under this Lease, the Landlord shall thereupon thereupon, and without further agreement agreement, be released of all liability under this Lease.

Appears in 1 contract

Samples: Pri Automation Inc

Assignment by Landlord. The Landlord shall have the unrestricted right to sell, lease, convey, encumber convey or otherwise dispose of the Office Building all or any part thereof and of the Building or Lands or this Lease or any interest of the Landlord in this Lease. , To the extent that the purchaser, purchaser or assignee or secured party from Landlord assumes the obligations of Landlord under this Lease, LANDLORD ASSUMES THE OBLIGATIONS OF THE LANDLORD UNDER THIS LEASE1 the Landlord shall thereupon and without further agreement be released of from all subsequent liability under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Cathayonline Inc)

Assignment by Landlord. Subject to Section 9.20, the Landlord shall have the unrestricted right to sell, lease, convey, encumber convey or otherwise dispose of the Office Building all or any part thereof of the Building or Lands and this Lease lease or any interest of the Landlord in this Leaselease. To the extent that the purchaser, purchaser or assignee or secured party from the Landlord assumes the obligations of the Landlord under this Leaselease, the Landlord shall thereupon and without further agreement be released of from all liability under this Leaselease.

Appears in 1 contract

Samples: Lease (Patheon Inc)

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Assignment by Landlord. The Landlord shall have the unrestricted right ---------------------- to sell, lease, convey, encumber convey or otherwise dispose of the Office Building all or any part thereof of the Building and the Lands or this Lease or any interest of the Landlord in this Leasetherein. To the extent that the purchaser, lessee or assignee or secured party from the Landlord assumes the obligations of the Landlord under this Lease, the Landlord shall thereupon and without further agreement be released of all liability under this LeaseLease to the extent of such assumption.

Appears in 1 contract

Samples: Office Lease (Argosy Education Group Inc)

Assignment by Landlord. The Landlord shall have the unrestricted right to sell, lease, convey, encumber convey or otherwise dispose of the Office Building all or any part thereof of the Building and the Lands or this Lease or any interest of the Landlord in this Leasetherein. To the extent that the purchaser, lessee or assignee or secured party from the Landlord assumes the obligations of the Landlord under this Lease, the Landlord shall thereupon and without further agreement be released of all liability under this LeaseLease to the extent of such assumption.

Appears in 1 contract

Samples: Indemnity Agreement (Gravity Spin Holdings Inc)

Assignment by Landlord. The Landlord shall have the unrestricted right to sell, lease, convey, encumber convey or otherwise dispose of the Office Building all or any part thereof of the Building or Lands and this Lease lease or any interest of the Landlord in this Leaselease. To the extent that the purchaser, purchaser or assignee or secured party from the Landlord assumes the obligations of the Landlord under this Leaselease, the Landlord shall thereupon and without further agreement be released of from all liability under this Leaselease.

Appears in 1 contract

Samples: Lorus Therapeutics Inc

Assignment by Landlord. The Landlord shall have the unrestricted right to sell, lease, convey, encumber convey or otherwise dispose of the Office Building all or any part thereof and of the Development or this Lease or any interest of the Landlord in this Lease. To the extent that the purchaser, purchaser or assignee or secured party from the Landlord assumes the obligations of the Landlord under this LeaseLease AND DELIVERS AN UNDERTAKING TO THE TENANT TO BE BOUND BY THE PROVISIONS OF THIS LEASE, the Landlord shall thereupon and without further agreement be released of from all liability under this Lease.

Appears in 1 contract

Samples: Office Lease (Alliance Data Systems Corp)

Assignment by Landlord. The Landlord shall have the unrestricted right to sell, lease, convey, encumber convey or otherwise dispose of the Office Building all or any part thereof of the Development or Lands and this Lease or any interest of the Landlord in this Lease. To the extent that the purchaser, purchaser or assignee or secured party from the Landlord assumes the obligations of the Landlord under this Lease, the Landlord shall thereupon and without further agreement be released of all liability under this Lease.

Appears in 1 contract

Samples: Lease Extension Agreement (Avesta Technologies Inc)

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