Common use of Effect of Sale, Conveyance or Assignment Clause in Contracts

Effect of Sale, Conveyance or Assignment. A sale, conveyance or assignment of the Building will automatically release Landlord from liability under this Lease from and after the effective date of the transfer, except for any liability relating to the period prior to such effective date; and Tenant will look solely to Landlord's transferee for performance of Landlord's obligations relating to the period after such effective date. This Lease will not be affected by any such sale, conveyance or assignment and Tenant will attorn to Landlord's transferee.

Appears in 8 contracts

Samples: Office Lease Agreement (Quixote Corp), Lease Agreement (Medibuy Com Inc), Office Lease Agreement (Xanodyne Pharmaceuticals Inc)

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Effect of Sale, Conveyance or Assignment. A sale, conveyance or assignment of the Building will automatically release Landlord from liability under this Lease from and after the effective date of the transfer, except for any liability relating to or arising from the period prior to such effective date; , and Tenant will look solely to Landlord's ’s transferee for performance of Landlord's ’s obligations relating to the period after such effective date. This Lease will not be affected by any such sale, conveyance or assignment and Tenant will attorn to Landlord's ’s transferee.

Appears in 2 contracts

Samples: Lease Agreement (Adept Technology Inc), Lease Agreement (Adept Technology Inc)

Effect of Sale, Conveyance or Assignment. A sale, conveyance or assignment of the Building will automatically release Landlord from liability under this Lease from and after the effective date of the transfer, except for any liability relating to the period prior to such effective date; and Tenant will look solely to Landlord's ’s transferee for performance of Landlord's ’s obligations relating to the period after such effective date. This Lease will not be affected by any such sale, conveyance or assignment and Tenant will attorn to Landlord's ’s transferee.

Appears in 2 contracts

Samples: Office Lease Agreement (Biovest International Inc), Office Lease Agreement (Intellon Corp)

Effect of Sale, Conveyance or Assignment. A Provided that Landlord’s transferee assumes Landlord’s obligations under this Lease, a sale, conveyance or assignment of the Building will automatically release Landlord from liability under this Lease from and after the effective date of the transfer, except for any liability relating to the period prior to such effective date; and Tenant will look solely to Landlord's ’s transferee for performance of Landlord's ’s obligations relating to the period after such effective date. This Lease will not be affected by any such sale, conveyance or assignment and Tenant will attorn to Landlord's ’s transferee.

Appears in 1 contract

Samples: Lease Agreement (Encision Inc)

Effect of Sale, Conveyance or Assignment. A sale, conveyance or assignment of the Building Premises will automatically release Landlord from liability under this Lease from and after the effective date of the transfer, except for any liability relating to the period prior to such effective date; and Tenant will look solely to Landlord's transferee for performance of Landlord's obligations relating to TO the period after such effective date. This Lease will not be affected by any such sale, conveyance or assignment and Tenant will attorn to Landlord's transferee.

Appears in 1 contract

Samples: Lease Agreement (Ilx Lightwave Corp)

Effect of Sale, Conveyance or Assignment. A sale, conveyance or assignment of the Building will automatically release Landlord from liability under this Lease for obligations accruing from and after the effective date of the transfer, except for any liability relating to the period prior to such effective date; and Tenant will look solely to Landlord's transferee for performance of Landlord's obligations relating to accruing during the period after such effective date. This Lease will not be affected by any such sale, conveyance or assignment and Tenant will attorn to Landlord's transferee.

Appears in 1 contract

Samples: Lease Agreement (S1 Corp /De/)

Effect of Sale, Conveyance or Assignment. A sale, conveyance or assignment of any portion of the Land containing the Building will automatically release Landlord from liability under this Lease from and after the effective date of the transfer, except for any liability relating to the period prior to such effective date; , and Tenant will look solely to Landlord's ’s transferee for performance of Landlord's ’s obligations relating to the period after such effective date. This Lease will not be affected by any such sale, conveyance or assignment and Tenant will attorn to Landlord's ’s transferee.

Appears in 1 contract

Samples: Office Lease Agreement (MassRoots, Inc.)

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Effect of Sale, Conveyance or Assignment. A sale, conveyance or assignment of the Building will shall automatically release Landlord from liability under this Lease from and after the effective date of the transfer, except for any liability relating to the period prior to such effective date; and Tenant will shall look solely to Landlord's transferee for performance of Landlord's obligations under this Lease relating to the period after such effective date. This Lease will not be affected by any , it being understood that from and after the date of such saletransfer, conveyance or assignment and Tenant will attorn to Landlord's transferee.the term "

Appears in 1 contract

Samples: Lease Agreement (Signal Apparel Company Inc)

Effect of Sale, Conveyance or Assignment. A sale, conveyance or assignment of the Building and/or the Project will automatically release Landlord from liability under this Lease from and after the effective date of the transfer, except for any liability relating to the period prior to such effective date; and Tenant will look solely to Landlord's ’s transferee for performance of Landlord's ’s obligations relating to the period after such effective date. This Lease will not be affected by any such sale, conveyance or assignment and Tenant will attorn to Landlord's ’s transferee.. 17.3

Appears in 1 contract

Samples: Lease Agreement (eHealth, Inc.)

Effect of Sale, Conveyance or Assignment. A sale, conveyance or assignment of the Building and/or the Project will automatically release Landlord from liability under this Lease from and after the effective date of the transfer, except for any liability relating to the period prior to such effective date; and Tenant will look solely to Landlord's ’s transferee for performance of Landlord's ’s obligations relating to the period after such effective date. This Lease will not be affected by any such sale, conveyance or assignment and Tenant will attorn to Landlord's ’s transferee.

Appears in 1 contract

Samples: Lease Agreement (Singulex Inc)

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