Common use of Assignments by Landlord Clause in Contracts

Assignments by Landlord. Landlord will have the right to transfer and assign, in whole or in part, all its rights and obligations hereunder and in the Building and Project, and in such event and upon its transferee’s assumption of Landlord’s obligations thereafter accruing hereunder, no further liability or obligation will thereafter accrue against Landlord hereunder (provided that any such successor in interest expressly assumes the obligations of Landlord hereunder, in writing). Upon request by Landlord, Tenant agrees to execute a certificate certifying such facts as Landlord may reasonably require in connection with any such assignment by Landlord. This paragraph shall not affect Landlord’s liability for matters arising prior to the transfer of the Building including the Security Deposit.

Appears in 3 contracts

Samples: Lease Agreement (Precision Biosciences Inc), Lease Agreement (Precision Biosciences Inc), Lease Agreement (Precision Biosciences Inc)

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Assignments by Landlord. Landlord will have the right to transfer and assign, in whole or in part, all its rights and obligations hereunder and in the Building and Project, and in such event and upon its transferee’s assumption of Landlord’s obligations thereafter accruing hereunder, no further liability or obligation will thereafter accrue against Landlord hereunder (provided that any such successor in interest expressly assumes the obligations of Landlord hereunder, in writing). Upon request by LandlordXxxxxxxx, Tenant Xxxxxx agrees to execute a certificate certifying such facts as Landlord may reasonably require in connection with any such assignment by Landlord. This paragraph shall not affect Landlord’s liability for matters arising prior to the transfer of the Building including the Security Deposit.

Appears in 1 contract

Samples: Lease Agreement (Precision Biosciences Inc)

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Assignments by Landlord. Landlord will shall have the right to transfer and assign, in whole or in part, all its rights and obligations hereunder and in the Building and ProjectProperty, and in such event and upon its transferee’s assumption in writing of Landlord’s obligations thereafter accruing hereunderhereunder (any such transferee to have the benefit of, and be subject to, the provisions of Section 6.13), no further liability or obligation will shall thereafter accrue against Landlord hereunder (provided that any such successor in interest expressly assumes the obligations of Landlord hereunder, in writing). Upon request by LandlordXxxxxxxx, Tenant Xxxxxx agrees to execute a certificate certifying to the best of its knowledge such facts (if true) as Landlord may reasonably require in connection with any such assignment by Landlord. This paragraph shall not affect Landlord’s liability for matters arising prior to the transfer of the Building including the Security DepositProperty.

Appears in 1 contract

Samples: Lease Agreement (9 Meters Biopharma, Inc.)

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