Transfer of Deposit. Landlord may deliver the funds deposited hereunder by Tenant to the purchaser or transferee of Landlord's interest in the Leased Premises, in the event that such interest be sold or transferred, and thereupon Landlord shall be discharged from any further liability with respect to such deposit.
Transfer of Deposit. Landlord may deliver the Security Deposit to the transferee of Landlord's interest in the Demised Premises, in the event that such interest be transferred, and upon delivery of notice from such transferee to Tenant acknowledging receipt thereof Landlord shall be discharged from any further liability with respect to the Security Deposit.
Transfer of Deposit. Landlord may deliver the funds deposited hereunder by Xxxxxx to any purchaser of Landlord’s interest in the leased premises, in the event that such interest be sold, and thereupon Landlord shall be discharged from any further liability with respect to such deposit.
Transfer of Deposit. If the Selling Broker is holding any of the Deposit (including, but not limited to, the Xxxxxxx Money), the Selling Broker shall transfer the Deposit to the Closing Agent's account at least ten (10) business days prior to the Closing Date as listed in Section 2.21, regardless of any extensions of the Closing Date. Xxxxx acknowledges and agrees that the Deposit and any other funds related to Closing shall be deposited in a non-interest bearing account.
Transfer of Deposit. In the event of a sale or transfer of the Center or any portion thereof which includes the Premises, or in the event of the making of a lease of the Center or of any portion, or in the event of a sale or transfer of the leasehold estate under any such underlying lease, the grantor, transferor or Landlord, as the case may be, shall thereafter be entirely relieved of all terms, covenants and obligations thereafter to be performed by Landlord under this Lease to the extent of the interest or portion so sold, transferred or leased, and it shall be deemed and construed, without further agreement between the parties and the purchaser, transferee or Tenant, as the case may be, has assumed and agreed to carry out any and all covenants of Landlord hereunder; provided that (i) any amount then due and payable to Tenant or for which Landlord or the then grantor, transferor or Landlord would otherwise then be liable to pay to Tenant (it being understood that the owner of an undivided interest in the fee or any such lease shall be liable only for his or its proportionate share of such amount) shall be paid to Tenant; (ii) the interest of the grantor, transferor or Landlord, as Landlord, in any funds then in the hands of Landlord or then grantor, transferor or Landlord in which Tenant has an interest, shall be turned over, subject to such interest, to the then grantee, transferee or Tenant; and (iii) notice of such sale, transfer or lease shall be delivered to Tenant.
Transfer of Deposit. In the event that the Landlord shall assign its reversionary interest in the Premises, the Tenant shall agree to the Landlord transferring the said deposit to the assignee and shall waive its right to recover the said deposit from the Landlord upon receipt of a written notice from the Landlord that such transfer has been effected.
Transfer of Deposit. Lessor may deliver the Deposit to the purchaser of Lessor's interest in the Premises, in the event that such interest be sold, and thereupon Lessor shall be discharged from any further liability with respect to the Deposit.
Transfer of Deposit. Should Lessor transfer this Lease in any manner, Lessor shall:
Transfer of Deposit. Upon any transfer of the Landlord's interest in this Lease to a successor, Landlord may deliver the amount of such deposit to such successor whereupon Landlord shall be relieved of any obligation to return such deposit to Tenant and Tenant shall thereafter look to such successor for the performance of all the terms of this Article.
Transfer of Deposit. Each PHMD Party does hereby sell, assign, transfer and deliver to ICTV, and ICTV does hereby purchase and accept from such PHMD Party, all of the right, title and interest, legal or equitable, of each such PHMD Party in and to the Deposit.
