Release of Lessor. If, during the term of this Lease, Lessor shall sell its interest in the Building or Complex of which the Leased Premises forms a part, or the Leased Premises, then from and after the effective date of the sale or conveyance, Lessor shall be released and discharged from any and all obligations and responsibilities under this Lease, except those already accrued.
Appears in 3 contracts
Samples: Sputnik, Inc., Sublease Agreement (Innova Corporation), Salient Lease Terms (Innova Corporation)
Release of Lessor. If, during the term of this LeaseTerm, Lessor shall sell its interest in the Building or Complex of which the Leased Premises forms form a part, or the Leased Premises, then from and after the effective date of the sale or conveyance, Lessor shall be released and discharged from any and all obligations and responsibilities under this Lease, except those already accrued.
Appears in 2 contracts
Samples: Letter Agreement (Linuxcare Inc), MCB Financial Corp
Release of Lessor. If, during the term of this Lease, Lessor shall sell its interest in the Building or Complex of which the Leased Premises forms a part, or the Leased Premises, then from and after the effective date of the sale or conveyance, Lessor shall be released and discharged from any and all obligations and and' responsibilities under this Lease, except those already accrued.
Appears in 1 contract
Release of Lessor. If, during the term of this Lease, Lessor shall sell its interest in the Building or Complex of which the Leased Premises forms a part, or the Leased Premises, then from and after the effective date of the sale or conveyance, Lessor shall be released and discharged from any and all obligations and responsibilities under this Lease, except those already accrued. ARTICLE 43.
Appears in 1 contract
Samples: Office Lease (Thinking Tools Inc)
Release of Lessor. If, during the term of this LeaseTerm, Lessor shall sell its interest in the Building or Complex of which the Leased Premises forms form a part, or the Leased Premises, then from and after the effective date of the sale or conveyance, provided that the transferee of Lessor assumes all of the Lessor's obligations hereunder from and after the date of such sale or conveyance, Lessor shall be released and discharged from any and all obligations and responsibilities under this Lease, except those already accrued.
Appears in 1 contract
Samples: Office Lease (Itex Corp)
