Common use of Sale of Premises by Landlord Clause in Contracts

Sale of Premises by Landlord. In the event of any sale of the Premises by Landlord, provided Landlord has obtained a written assumption agreement from Landlord’s successor in interest to this Lease of Landlord’s obligations under this Lease (whether as part of the purchase contract or under a separate instrument), Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease arising out of any act, occurrence or omission occurring after the consummation of such sale; and the purchaser at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the Parties or their successors in interest or between the Parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of Landlord under this Lease.

Sale of Premises by Landlord. In the event of any sale of the Premises by Landlord, provided Landlord has obtained a written assumption agreement from Landlord’s successor in interest to Building or the property upon which the Building is located or assignment of this Lease by Landlord and subject to Purchaser's of assignees assuming all of Landlord’s 's obligations under this Lease (whether as part of the purchase contract or under a separate instrument)Lease, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its Landlord's covenants and obligations contained in or derived from this Lease or arising out of any act, occurrence or omission occurring after the consummation of such salesale or assignment; and the purchaser assignee or purchaser, at such sale or any subsequent sale of the Premises or assignment of this Lease, shall be deemed, without any further agreement between the Parties parties and only such assignee or their successors in interest or between the Parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of Landlord under this Lease.

Sale of Premises by Landlord. In the event of any sale of the Premises Building or the property upon which the Building is located or any assignment of this Lease by Landlord, provided Landlord has obtained (or a written assumption agreement from Landlord’s successor in interest to this Lease of Landlord’s obligations under this Lease (whether as part of the purchase contract or under a separate instrumenttitle), the assignee or purchaser assumes the obligations of Landlord herein in writing, Landlord (or such successor) shall automatically be and is hereby entirely freed and relieved of all liability under any and all of its Landlord’s covenants and obligations contained in or derived from this Lease or arising out of any act, occurrence occurrence, or omission occurring after the consummation of such salesale or assignment; and the assignee or purchaser at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the Parties or their successors in interest or between the Parties and any such purchaserparties, to have assumed and agreed to carry out any and all of the covenants and obligations of Landlord under this Lease, and shall be substituted as Landlord for all purposes from and after the sale or assignment.

Sale of Premises by Landlord. In the event of any sale of the Premises Building or the property upon which the Building is located or any assignment of this Lease by Landlord, provided Landlord has obtained (or a written assumption agreement from Landlord’s successor in interest to this Lease of Landlord’s obligations under this Lease (whether as part of the purchase contract or under a separate instrumenttitle), if the assignee or purchaser assumes the obligations of Landlord herein in writing, Landlord (or such successor) shall automatically be and is hereby entirely freed and relieved of all liability under any and all of its Landlord's covenants and obligations contained in or derived from this Lease or arising out of any act, occurrence occurrence, or omission occurring after the consummation of such salesale or assignment; and the assignee or purchaser at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the Parties or their successors in interest or between the Parties and any such purchaserparties, to have assumed and agreed to carry out any and all of the covenants and obligations of Landlord under this Lease, and shall be substituted as Landlord for all purposes from and after the sale or assignment.

Sale of Premises by Landlord. In the event Any sale or exchange by Landlord of any sale of its interest in the Premises by Landlord, provided Landlord has obtained a written assumption agreement from Landlord’s successor in interest shall be subject to this Lease and the rights and obligations of Landlord and Tenant hereunder; and Tenant shall attorn to Landlord’s 's grantee or transferee provided that such grantee or transferee has assumed in writing the obligations under of Landlord hereunder. Upon any such sale or exchange and the assignment by Landlord of this Lease (whether as part of the purchase contract or under a separate instrument)Lease, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the Premises or this Lease occurring after the consummation of such sale; and the purchaser at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the Parties or their successors in interest or between the Parties exchange and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of Landlord under this Leaseassignment.

Sale of Premises by Landlord. In the event of any sale of the Premises Building or the property upon which the Building is located or any assignment of this Lease by LandlordLandlord (or a successor in title), the assignee or purchaser shall be deemed, provided Landlord has obtained a written assumption agreement from Landlord’s successor that the assignee or purchaser assumes in interest to this Lease writing all of Landlord’s obligations under this Lease (whether as part of the purchase contract hereunder accruing after such assignment or under a separate instrument), Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease arising out of any act, occurrence or omission occurring after the consummation of such sale; and the purchaser at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the Parties or their successors in interest or between the Parties and any such purchaserpurchase, to have assumed and agreed to carry out any and all of the covenants and obligations of Landlord under this Lease, and shall be substituted as Landlord for all purposes from and after the sale or assignment and Landlord (or such successor) shall automatically be entirely freed and relieved of all liability under any and all of Landlord’s covenants and obligations contained in this Lease or arising out of any act, occurrence, or omission occurring after such sale or assignment.