Common use of Sale or Transfer of Premises Clause in Contracts

Sale or Transfer of Premises. If Landlord sells or transfers all ---------------------------- or any portion of its interest in the land and improvements of which Premises are a part, Landlord, on consummation of the sale or transfer, shall be released and discharged from any liability under this Lease upon the transfer of all prepaid rent and any unexpended security deposit to Landlord's successor.

Sale or Transfer of Premises. If Landlord sells or transfers all ---------------------------- or any portion of its interest in the land and improvements of which Premises are a partPremises, Landlordthe Building or the Real Property, on consummation of the sale or transfer, Landlord shall be released and discharged from any liability thereafter accruing under this Lease upon the transfer of all prepaid rent and any unexpended security deposit to if Xxxxxxxx’s successor has assumed in writing Landlord's successor’s obligations under this Lease.

Sale or Transfer of Premises. If Landlord sells or transfers all ---------------------------- or any portion of its interest in the land and improvements of which Premises are a partPremises, Landlord, on consummation of the sale or transfer and the buyer's or transferee's written notice to Tenant that such entity has assumed all liabilities of Landlord accruing under this Lease after the date of such sale or transfer, shall be released and discharged from any liability thereafter accruing under this Lease upon the transfer of all prepaid rent and any unexpended security deposit to Landlord's successorLease.