Common use of Assignment by Landlord Clause in Contracts

Assignment by Landlord. In the event of the sale or lease by the Landlord of the Development or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that such purchaser or assignee assumes the Landlord’s Covenants, the Landlord shall, thereupon and without further agreement, be freed and relieved of all liability with respect to the Landlord’s Covenants.

Appears in 2 contracts

Samples: Lease (Oxus Acquisition Corp.), Lease (Ehave, Inc.)

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Assignment by Landlord. In the event of the sale or lease by the Landlord of its interest in the Development Premises or any part or parts thereof, or and in conjunction therewith the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that such purchaser or assignee assumes the Landlord’s Covenantsherein, the Landlord shall, thereupon and without further agreement, shall be freed and relieved of all any liability with under this Lease in respect to the Landlord’s Covenantsof matters arising from and after such assignment.

Appears in 2 contracts

Samples: Appendix A2 – Lease Agreement, Lease

Assignment by Landlord. In the event of the sale or lease by the Landlord of the Development Development, or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that such purchaser or assignee assumes the Landlord’s Covenantscovenants and obligations of the Landlord hereunder, the Landlord shall, thereupon and without further agreement, be freed and relieved of all liability with respect to the Landlord’s Covenantssuch covenants and obligations.

Appears in 2 contracts

Samples: Lease Agreement (Pinnacle Oil International Inc), Lease Agreement (Pinnacle Oil International Inc)

Assignment by Landlord. In the event of the sale sale, lease or lease by the Landlord other transfer of the Development Building or any part thereofof the Building by the Landlord, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that such purchaser the purchaser, tenant or assignee assumes the Landlord’s Covenantsobligations of the Landlord hereunder, the Landlord shall, thereupon and without further agreement, be freed and relieved of all liability with respect to the Landlord’s Covenantssuch obligations.

Appears in 2 contracts

Samples: Lease (Stockeryale Inc), Lease Amending Agreement (Haemacure Corp)

Assignment by Landlord. In the event of the sale sale, lease or lease by the Landlord other transfer of the Development Building or any part thereofof the Building by the Landlord, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that such purchaser the purchaser, tenant or assignee assumes takes on the Landlord’s Covenantsobligations of the Landlord hereunder, the Landlord shall, thereupon and without further agreement, be freed and relieved of all liability with respect to the Landlord’s Covenantssuch obligations.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (Pc Mall Inc)

Assignment by Landlord. In the event of the sale or lease by the Landlord of the Development Building or any part thereof, thereof or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and only to the extent that such purchaser or assignee assumes the Landlord’s Covenantscovenants and obligations of the Landlord hereunder, the Landlord shall, thereupon and without further agreement, be freed and relieved of all liability with respect to the Landlord’s Covenantssuch covenants and obligation.

Appears in 1 contract

Samples: Indenture (Trillium Therapeutics Inc.)

Assignment by Landlord. In the event of the sale or lease by the Landlord of its interest in the Development Lands or Building or any part thereof, or parts thereof and in conjunction therewith the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that such purchaser or assignee assumes the Landlord’s Covenantsherein, the Landlord shall, thereupon and without further agreement, shall be freed and relieved of all liability with respect to under this Lease accruing from and after the Landlord’s Covenantseffective date of any such assignment.

Appears in 1 contract

Samples: Office Lease (Ultimate Software Group Inc)

Assignment by Landlord. In the event of the sale or lease by the Landlord of the Development building or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that such purchaser or assignee assumes the Landlord’s Covenantscovenants and obligations of the Landlord hereunder, the Landlord shall, thereupon and without further agreement, agreement be freed and relieved of all liability with respect to the Landlord’s Covenantssuch covenants and obligations.

Appears in 1 contract

Samples: Lease (Industrial Minerals Inc)

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Assignment by Landlord. In the event of the sale or lease by the Landlord of its interest in the Development Building or any part or parts thereof, or and in conjunction therewith the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that such purchaser or assignee assumes the Landlord’s Covenantsherein, the Landlord shall, thereupon and without further agreement, shall be freed and relieved of all any liability with under this Lease in respect to the Landlord’s Covenantsof matters arising from andafter such assignment.

Appears in 1 contract

Samples: Lease

Assignment by Landlord. In the event of the sale or lease by the Landlord of its interest in the Development Lands or Building or any part thereofor parts thereof and, or in conjunction therewith, the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that such purchaser or assignee assumes the Landlord’s Covenantsherein, the Landlord shall, thereupon and without further agreement, shall be freed and relieved of all any liability with respect to the Landlord’s Covenantsunder this Lease.

Appears in 1 contract

Samples: Lease

Assignment by Landlord. In the event of the sale or lease by the Landlord of its interest in the Development Lands or Building or any part thereof, or parts thereof and in conjunction therewith the assignment by the Landlord of this Lease or any interest of the Landlord hereunderherein, and the Landlord shall be relieved of all liability under this Lease, to the extent that such the purchaser or assignee assumes transferee agrees with the Landlord to assume the Landlord’s Covenants, the Landlord shall, thereupon and without further agreement, be freed and relieved of all liability with respect to the Landlord’s Covenants's obligations under this Lease.

Appears in 1 contract

Samples: Confidential Treatment (Fluidigm Corp)

Assignment by Landlord. In the event of the sale sale, lease or lease other transfer by the Landlord of its interest in the Development Lands or Building or any part thereof, or parts thereof and in conjunction therewith the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that such purchaser or assignee assumes the Landlord’s Covenantsherein, the Landlord shall, thereupon and without further agreement, shall be freed and relieved of all any liability with respect to the Landlord’s Covenantsunder this Lease.

Appears in 1 contract

Samples: Agreement

Assignment by Landlord. In the event of the sale or lease by the Landlord of its interest in the Development Property or any part or parts thereof, or and in conjunction therewith the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that such purchaser or assignee assumes the Landlord’s Covenantsherein, the Landlord shall, thereupon and without further agreement, shall be freed and relieved of all any liability with under this Lease in respect to the Landlord’s Covenantsof matters arising from and after such assignment.

Appears in 1 contract

Samples: Industrial Lease

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