TRANSFER BY LESSOR. Lessor may pledge, hypothecate, transfer or assign all or any part of this Agreement. Upon the transfer or conveyance of all or any portion of the Property, without further agreement of the parties, Lessor shall be relieved of and from any liability with respect to the obligations and covenants of Lessor contained in this Agreement arising out of any act or occurrence after the date of such transfer and the purchaser at such sale or any subsequent sale shall be deemed, without further agreement of the parties, to have assumed and agreed to carry out the Lessor's covenants under this Agreement.
TRANSFER BY LESSOR. Any transfer of Purchase Sites by the Option Sellers to Lessee pursuant to this Section 36 will include:
TRANSFER BY LESSOR. The term "Lessor" shall mean only the owner for the time being of the Building and Parcel, and in the event of a transfer by that owner of its interest in the Building or Parcel, the owner shall be released and discharged from all covenants and obligations of the Lessor thereafter accruing, but such covenants and obligations shall be binding during the lease term on each new owner, and their successors and assigns for the duration of this lease.
TRANSFER BY LESSOR. Lessor shall be free to transfer its fee interest in the Premises or any part thereof or interest therein, subject, however, to the terms of this Lease. Any such transfer shall relieve the transferor of all liability and obligation hereunder (to the extent of the interest transferred) accruing after the date of the transfer and any assignee shall be bound by the terms and provisions of this Lease.
TRANSFER BY LESSOR. Lessor may transfer this Lease. If transferred, Lessee's obligations go to the new Lessor. The new Lessor will have all of the rights that the current Lessor has under this Lease. Lessor may transfer this Lease without first getting Lessee's approval.
TRANSFER BY LESSOR. The Lessor may, at any time and without the consent of the Lessee, sell, assign, transfer, lease, hypothecate, charge, encumber or otherwise deal with the whole or any part of its interest in the Leased Premises (subject always to this Lease and the rights of the Lessee hereunder) and all of its, right, title and interest in this Lease and the Rent payable hereunder.
TRANSFER BY LESSOR. Lessor shall have the right to assign any of its rights under this Lease or to transfer all or part of its interest in the Building, or both, at any time, and from time to time. In the event of any such assignment or transfer by Lessor, Lessee agrees to attorn to any such assignee, successor, or other transferee under all of the terms, covenants and conditions of this Lease for the balance of the Lease Term and to execute any acknowledgment of and consent to such assignment or transfer.
TRANSFER BY LESSOR. IF LESSOR SELLS OR TRANSFERS THE PREMISES OR THE LEASEHOLD ESTATE OR ANY PART THEREOF AND AS A PART OF SUCH TRANSACTION, ASSIGNS ITS INTEREST AS LESSOR IN AND TO THIS LEASE, THEN FROM AND AFTER THE EFFECTIVE DATE OF SALE, ASSIGNMENT OR TRANSFER, LESSOR WILL HAVE NO FURTHER LIABILITY UNDER THIS LEASE TO LESSEE, IT BEING INTENDED THAT THE COVENANTS AND OBLIGATIONS CONTAINED IN THIS LEASE ON THE PART OF LESSOR WILL BE BINDING ON LESSOR AND ITS SUCCESSORS AND ASSIGNS ONLY DURING AND IN RESPECT OF ITS PERIODS OF OWNERSHIP OF THE FEE.
TRANSFER BY LESSOR. Even if there are changes to rights to own, mange and operate the Premises and their name according to Article 1, this Agreement shall remain effective. A new lessor and manager shall comply with all of this Agreement. Lessor shall notify Lessee of this fact.
TRANSFER BY LESSOR. Lessor shall not transfer its interest in the ------------------ Site (other than a transfer pursuant to the provisions of the Operative Documents) without the consent of Agent and Participants and, so long as no Lease Default or Lease Event of Default shall have occurred and be continuing, Lessee, each such consent not to be unreasonably withheld. The foregoing limitation shall not be applicable to the transfer of any stock or other ownership interests in Lessor, nor of any assets of Lessor other than its rights in the Site.
