Common use of LANDLORD ASSIGNMENT Clause in Contracts

LANDLORD ASSIGNMENT. Landlord’s right to assign this Lease Agreement is and shall remain unqualified upon any sale or transfer of the Building and, provided the purchaser succeeds to the interests of Landlord under this Lease Agreement, Landlord shall thereupon be entirely freed of all obligations of the Landlord’s hereunder and shall not be subject to any liability resulting from any act or omission or event occurring after such conveyance.

Appears in 4 contracts

Samples: Commercial Lease (Celcuity LLC), Commercial Lease (Celcuity LLC), Commercial Lease (Entellus Medical Inc)

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LANDLORD ASSIGNMENT. Landlord’s 's right to assign this Lease Agreement is and shall remain unqualified upon any sale or transfer of the Building and, provided the purchaser succeeds to the interests of Landlord under this Lease AgreementAgreement and assumes all of Landlord’s obligations hereunder, Landlord shall thereupon be entirely freed of all obligations of the Landlord’s 's hereunder and shall not be subject to any liability resulting from any act or omission or event occurring after such conveyance.

Appears in 1 contract

Samples: Lease Agreement (SomaLogic, Inc.)

LANDLORD ASSIGNMENT. Landlord’s 's right to assign this Lease Agreement is and shall remain unqualified upon any sale or transfer of the Building and, provided the purchaser succeeds to the interests of Landlord under this Lease Agreement, Landlord shall thereupon be entirely freed of all obligations of the Landlord’s 's hereunder and shall not be subject to any liability resulting from any act or omission or event occurring after such conveyance.

Appears in 1 contract

Samples: Commercial Lease (Celcuity Inc.)

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LANDLORD ASSIGNMENT. Landlord’s right to assign this Lease Agreement is and shall remain unqualified upon any sale or transfer of the Building and, provided the purchaser succeeds to the interests of Landlord under this Lease AgreementAgreement and assumes all of Landlord’s obligations hereunder, Landlord shall thereupon be entirely freed of all obligations of the Landlord’s hereunder and shall not be subject to any liability resulting from any act or omission or event occurring after such conveyance.

Appears in 1 contract

Samples: Lease Agreement (SomaLogic, Inc.)

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