Security Deposit Transfer. If the Premises or Building is sold or otherwise conveyed by Landlord, the security deposit may be transferred to Landlord’s successor, and if so, Tenant hereby releases Landlord from any and all liability with respect to said deposit and its application or return.
Appears in 2 contracts
Samples: Lease Agreement (Trintech Group PLC), Lease Agreement (Trintech Group PLC)
Security Deposit Transfer. If the Premises or Building is sold or otherwise conveyed by Landlord, the security deposit may be transferred to Landlord’s 's successor, and if so, Tenant hereby releases Landlord from any and all liability with respect to said deposit and its application or return.
Appears in 2 contracts
Samples: Lease Agreement (Areawide Cellular Inc), Lease Agreement (Hemoxymed Inc)
Security Deposit Transfer. If the Premises or Building is sold or otherwise conveyed by Landlord, the security deposit may shall be transferred to Landlord’s 's successor, and if so, Tenant hereby releases Landlord from any and all liability with respect to said deposit and its application or return.
Appears in 1 contract