Common use of Rent Assignment Clause in Contracts

Rent Assignment. If from time to time Landlord assigns this Lease or the rents payable hereunder to any person, whether such assignment is conditional in nature or otherwise, such assignment shall not be deemed an assumption by the assignee of any obligations of Landlord; but the assignee shall be responsible only for non-performance of Landlord’s obligations which occur after it succeeds to and only while it holds Landlord’s interest in the Premises.

Appears in 6 contracts

Sources: Lease Agreement (Biolife Solutions Inc), Lease Agreement (Olink Holding AB (Publ)), Lease Agreement (Olink Holding AB (Publ))

Rent Assignment. If from time to time Landlord assigns this Lease or the rents payable hereunder to any person, whether such assignment is conditional in nature or otherwise, such assignment shall not be deemed an assumption by the assignee of any obligations of Landlord; but the assignee shall be responsible only for non-performance of Landlord’s 's obligations which occur after it succeeds to and only while it holds Landlord’s 's interest in the Premises.

Appears in 4 contracts

Sources: Lease (Dayton Superior Corp), Lease (Dayton Superior Corp), Lease (Dayton Superior Corp)

Rent Assignment. If from time to time Landlord assigns this Lease or the rents payable hereunder to any personperson or entity, whether such assignment is conditional in nature or otherwise, such assignment shall not be deemed an assumption by the assignee of any obligations of Landlord; but the assignee shall be responsible only for non-performance of Landlord’s 's obligations which occur after it succeeds to and only while it holds Landlord’s 's interest in the Premises or is a mortgagee in possession of the Premises.

Appears in 2 contracts

Sources: Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Emeritus Corp\wa\)

Rent Assignment. If from time to time Landlord assigns this Lease --------------- or the rents payable hereunder to any person, whether such assignment is conditional in nature or otherwise, such assignment shall not be deemed an assumption by the assignee of any obligations of Landlord; but the assignee shall be responsible only for non-performance nonperformance of Landlord’s 's obligations which occur after it succeeds to and only while it holds Landlord’s 's interest in the Premises.

Appears in 1 contract

Sources: Lease (Applied Science & Technology Inc)

Rent Assignment. If from time to time Landlord assigns this Lease or the rents payable hereunder to any personperson or entiq, whether such assignment is conditional in nature or otherwise, such assignment shall not be deemed an assumption by the assignee of any obligations of Landlord; but the assignee shall be responsible only for non-performance of Landlord’s 's obligations which occur after it succeeds to and only while whUe it holds Landlord’s 's interest in the Premises or is a mortgagee in possession of the Premises.

Appears in 1 contract

Sources: Lease Agreement (Emeritus Corp\wa\)

Rent Assignment. If from time to time Landlord assigns this Lease or the rents payable hereunder to any person, whether such assignment is conditional in nature or otherwise, such assignment shall not be deemed an assumption by the assignee of any obligations of Landlord; but the assignee shall be responsible only for non-performance of Landlord’s 's obligations which occur after it succeeds to and only while it holds Landlord’s ▇▇▇▇▇▇▇▇'s interest in the Premises.

Appears in 1 contract

Sources: Lease (Interneuron Pharmaceuticals Inc)

Rent Assignment. If from time to time Landlord assigns this Lease or the rents payable hereunder to any person, whether such assignment is conditional in nature or otherwise, such assignment shall not be deemed an assumption by the assignee of any obligations of Landlord; but the assignee shall be responsible only for non-performance nonperformance of Landlord’s 's obligations which occur after it succeeds to and only while it holds Landlord’s 's interest in the Premises.

Appears in 1 contract

Sources: Lease Agreement (J Jill Group Inc)

Rent Assignment. If from time to time Landlord assigns this Lease or the rents payable hereunder to any person, whether such assignment is conditional in nature or otherwise, such assignment shall not be deemed an assumption by the assignee of any obligations of Landlord; but the assignee shall be responsible only for non-performance of Landlord’s obligations as limited herein which occur after it succeeds to and only while it holds Landlord’s interest in the Premises.

Appears in 1 contract

Sources: Lease (Wells Real Estate Fund Xiv Lp)

Rent Assignment. If from time to time Landlord assigns this Lease or the rents payable hereunder to any person, whether such assignment is conditional in nature or otherwise, such assignment shall not be deemed an assumption by the assignee of any obligations of Landlord; but the assignee shall be responsible only for non-performance of Landlord’s 's obligations which occur after it succeeds to and only while it holds Landlord’s 's interest in the Premisespremises.

Appears in 1 contract

Sources: Lease Agreement (Circe Biomedical Inc)