Common use of TRANSFER BY LANDLORD Clause in Contracts

TRANSFER BY LANDLORD. If Landlord's interest in the Building terminates by reason of a bonafide sale or other transfer, Landlord will, upon transfer of the Security Deposit to the new owner, thereupon be released from all further liability to Tenant under this Lease.

Appears in 3 contracts

Samples: Office Lease (Colonial Direct Financial Group Inc), Office Lease (Talk Com), Office Lease (Vfinance Inc)

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TRANSFER BY LANDLORD. If Landlord's interest in the Building terminates by reason of a bonafide bona fide sale or other transfer, Landlord will, upon transfer assumption by the new owner of the Security Deposit to Landlord's obligations hereunder from and after the new ownerdate of transfer, thereupon be released from all further liability to Tenant under this Lease. At the expiration or termination of the Lease Term, Tenant shall deliver to Landlord all keys to the Premises and make known to Landlord the location and combination of all safes, locks and similar items.

Appears in 2 contracts

Samples: Letter Agreement (1997 Corp), Andrx Corp

TRANSFER BY LANDLORD. If Landlord's interest in the Premises -------------------- and/or Premises Building terminates by reason of a bonafide bona fide sale or other transfer, Landlord will, upon transfer of the Security Deposit to the new owner, thereupon be released from all further liability to Tenant under this Lease.

Appears in 2 contracts

Samples: Center Space Lease (Florida Savings Bancorp Inc), Florida Savings Bancorp Inc

TRANSFER BY LANDLORD. If Landlord's interest in the Building terminates by reason of a bonafide bona fide sale or other transfer, Landlord will, upon transfer of the Security Deposit to the new owner, thereupon be released from all further liability to Tenant under this Lease. At the expiration or termination of the Lease Term, Tenant shall deliver to Landlord all keys to the Premises and make known to Landlord the location and combination of all safes, locks and similar items.

Appears in 2 contracts

Samples: Office Lease (Driversshield Com Corp), Lease (Hiway Technologies Inc)

TRANSFER BY LANDLORD. If Subject to the provisions set forth herein (including under Sections 19 and (27)) if Landlord's ’s interest in the Building terminates by reason of a bonafide bona fide sale or other transfer, Landlord will, upon transfer of the Security Deposit to the new owner, thereupon be released from all further liability (whether such liability is then existing or subsequently accruing) to Tenant under this LeaseLease and successor Landlord will be liable as if he were the original Landlord.

Appears in 2 contracts

Samples: Summit Financial Services Group Inc, Summit Financial Services Group Inc

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TRANSFER BY LANDLORD. If Landlord's interest in the Building terminates by reason of a bonafide bona fide sale or other transfer, Landlord will, upon transfer of the Security Deposit to the new ownerowner and the express assumption by the new owner of Landlord's obligations under this Lease, thereupon be released from all further liability to Tenant under this Lease. At the expiration or termination of the Lease Term, Tenant shall deliver to Landlord all keys to the Premises and make known to Landlord the location and combination of all safes, locks and similar items.

Appears in 1 contract

Samples: Occupancy Agreement (DBT Online Inc)

TRANSFER BY LANDLORD. If Landlord's ’s interest in the Building terminates by reason of a bonafide sale or other transfer, Landlord will, upon transfer of the Security Deposit to the new owner, thereupon be released from all further liability to Tenant under this Lease.

Appears in 1 contract

Samples: Office Lease (Universal Insurance Holdings, Inc.)

TRANSFER BY LANDLORD. If Landlord's interest in the Building Premises terminates by reason of a bonafide bona fide sale or other transfer, Landlord will, upon transfer of the Security Deposit to the new owner, thereupon be released from all further liability to Tenant under this Lease.

Appears in 1 contract

Samples: Industrial Lease (Fix Corp International Inc)

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