Common use of Transfer of Landlord’s Interest Clause in Contracts

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's ’s interest in the Premises, the transferor shall be automatically relieved of all further obligations on the part of Landlord accruing under this Lease from Landlord, and after the date transferor shall be relieved of the transfer, provided that any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's ’s interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all further obligations on the part of Landlord accruing under this Lease from Landlord, and after the date transferor shall be relieved of the transfer, provided that any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by lawlaw . No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that such obligations are assumed in writing by the transferee and any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, including a so-called "sale-Leaseback", the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor transferor, in which Tenant has an interest interest, shall be turned over, subject to that interest, to the transferee transferee, and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is is, or may be be, subordinate, and no landlord under a so-called sale-leaseback, Leaseback shall be responsible in connection with the Security Depositsecurity deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Depositsecurity deposit. It is intended that the covenants and obligations contained in this Lease on the part of the Landlord shall, subject to the foregoing, be binding on the Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that the transferee assumes in writing all of such obligations and any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of LandlordXxxxxxxx's interest Interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor transferor, in which Tenant has an interest interest, shall be turned over, subject to that interest, interest to the transferee transferee, and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, Deposit unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, shall subject to the foregoing, be binding on Landlord, its successors and assigns, assigns only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, subordinate shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, subordinate shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord Landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor transfer or shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. Deposit It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's ’s interest in the Premises, provided that the transferee (other than a Mortgagee) shall assume the obligations of “Landlord” under this Lease accruing from and after the effective date of such transfer, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the effective date of the such transfer, provided that any . Any funds held by the transferor in which Tenant has an interest interest, including without limitation, the Security Deposit, shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by lawtransferee. No holder of a mortgage and/or deed of trust Mortgagee to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, subordinate shall be responsible in connection with the Security Deposit, Deposit unless the mortgagee or holder of the deed of trust or the landlord Mortgagee actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's ’s interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and arising after the date of the transfer, provided that and the transferor shall be relieved of any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that (i) any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and transferee, (ii) Tenant is notified of the transfer as required by lawtransfer, and (iii) the transferee assumes in writing all non-accrued obligations of Landlord under this Lease. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, subordinate shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leasebacksocalled saleleaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all further obligations on the part of Landlord accruing under this Lease from Landlord, and after the date transferor shall be relieved of the transfer, provided that any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest Interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, subordinate shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all further obligations on the part of Landlord accruing under this Lease from and after the effective date of the such transfer, provided that and the transferor shall be relieved of any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by lawlaw . No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all further obligations on the part of Landlord accruing under this Lease from Landlord, and after the date transferor shall be relieved of the transfer, provided that any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in with respect to obligations arising during their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all further obligations on the part of Landlord accruing under this Lease from Landlord, and after the date transferor shall be relieved of the transfer, provided that any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder In no event shall any beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no any landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or trust, the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor transferor, in which Tenant has an interest interest, shall be turned over, subject to that interest, interest to the transferee transferee, and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-sale- leaseback, shall be responsible in connection with the Security Deposit, Deposit unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, shall subject to the foregoing, be binding on Landlord, its successors and assigns, assigns only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's Landlord interest in the Premises, the transferor shall be automatically relieved of all further obligations on the part of Landlord accruing under this Lease from Landlord, and after the date transferor shall be relieved of the transfer, provided that any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of Upon any transfer or transfers of LandlordXxxxxxxx's interest in the Premises, other than a transfer for security purposes only, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the such transfer, including the obligation of Landlord under Article 5 to return the security deposit as provided that any funds held therein, provided such obligations are assumed in writing by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by lawtransferee. No holder of a mortgage and/or or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-sale leaseback, shall be responsible in connection with the Security Depositsecurity deposited, or in connection with any other funds paid by Tenant hereunder, unless the mortgagee or such mortgagee, holder of the a deed of trust or the landlord shall actually receives the Security Depositreceive such funds. It is intended that the The covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to of their respective successive periods of ownershipownership of the landlord's interest in this Lease.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's ’s interest in the Premises, the transferor shall be automatically relieved of all further obligations on the part of Landlord accruing under this Lease from Landlord, and after the date transferor shall be relieved of the transfer, provided that any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by lawlaw . No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law, and the transferee assumes in writing the obligations of the Landlord accruing after such transfer. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, subordinate shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part pail of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.. 20 10/31/96

Transfer of Landlord’s Interest. In the event of Upon any transfer or transfers of Landlord's ’s interest in the Premises, other than a transfer for security purposes only, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the such transfer, including the obligation of Landlord under Article 5 to return the security deposit as provided that any funds held therein, provided such obligations are assumed in writing by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by lawtransferee. No holder of a mortgage and/or or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-sale leaseback, shall be responsible in connection with the Security Depositsecurity deposited, or in connection with any other funds paid by Tenant hereunder, unless the mortgagee or such mortgagee, holder of the a deed of trust or the landlord shall actually receives the Security Depositreceive such funds. It is intended that the The covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to of their respective successive periods of ownershipownership of the landlord’s interest in this Lease.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's ’s interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned he tuned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. 23. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of or a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that the transferee assumes all of transferor's obligations under this Lease and any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest ’s Interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor transferor, in which Tenant has an interest interest, shall be turned over, subject to that interest, interest to the transferee transferee, and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, Deposit unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, shall subject to the foregoing, be binding on Landlord, its successors and assigns, assigns only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's ’s interest in the Premises, the transferor shall be automatically relieved of all further obligations on the part of Landlord accruing under this Lease from Landlord, and after the date transferor shall be relieved of the transfer, provided that any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in with respect to obligations arising during their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's ’s interest in the PremisesPremises and the assumption of all of Landlord’s remaining liabilities and obligations under this Lease by the transferee, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any Tenant is duly notified of the transfer. Any funds held by the transferor in which Tenant has an interest interest, including without limitation, the Security Deposit, shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by lawtransferee. No holder of a mortgage and/or deed of trust Mortgagee to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, subordinate shall be responsible in connection with the Security Deposit, Deposit unless the mortgagee or holder of the deed of trust or the landlord Mortgagee actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership, except as otherwise set forth in Section 13.1.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, subordinated shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be he responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. Deposit It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's ’s interest in the Premises, upon assumption in writing of the transferor’s obligations under this Lease by the transferee, the transferor shall be automatically relieved of all further obligations on the part of Landlord accruing under this Lease from Landlord, and after the date transferor shall be relieved of the transfer, provided that any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of Upon any transfer or transfers of Landlord's interest in the Premises, other than a transfer for security purposes only, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the such transfer, including the obligation of Landlord under Article 5 to return the security deposit as provided that any funds held therein, provided such obligations are assumed in writing by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by lawtransferee. No holder of a mortgage and/or or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-sale leaseback, shall be responsible in connection with the Security Depositsecurity deposited, or in connection with any other funds paid by Tenant hereunder, unless the mortgagee or such mortgagee, holder of the a deed of trust or the landlord shall actually receives the Security Depositreceive such funds. It is intended that the The covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to of their respective successive periods of ownershipownership of the landlord's interest in this Lease.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the PremisesPromises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, subordinate shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest Interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor transferor, in which Tenant has an interest interest, shall be turned over, subject to that interest, interest to the transferee transferee, and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, Deposit unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, shall subject to the foregoing, be binding on Landlord, its successors and assigns, assigns only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and arising after the date of the transfer, provided that and the transferor shall be relieved of any obligation to pay any funds held by the transferor in which Tenant has an interest shall be to the extent that such funds have been turned over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's interest in the Premises, the transferor shall be automatically relieved of all further obligations on the part of Landlord accruing under this Lease from Landlord, and after the date transferor shall be relieved of the transfer, provided that any obligation to pay any funds held by the transferor in which Tenant has an interest shall be turned to the extent that such funds have been tamed over, subject to that interest, to the transferee and Tenant is notified of the transfer as required by law. No holder beneficiary of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leasebackleaseback nor Ground Lessor, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of beneficiary under the deed of trust or the landlord or Ground Lessor actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any transfer of Landlord's ’s interest in the Premises, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest shall be turned over, subject to that interest, to the transferee transferee, the Transferee assumes all of Landlord’s obligation in writing from and after the date of transfer and Tenant is notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is or may be subordinate, and no landlord under a so-called sale-leaseback, shall be responsible in connection with the Security Deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership.

Transfer of Landlord’s Interest. In the event of any a transfer of Landlord's ’s interest in the Premises, including a “sale-leaseback”, the transferor shall be automatically relieved of all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that any funds held by the transferor in which Tenant has an interest interest, shall be turned overover to the transferee, subject to that interest, to the transferee interest and Tenant is shall be notified of the transfer as required by law. No holder of a mortgage and/or deed of trust to which this Lease is is, or may be be, subordinate, and no landlord under a so-called “sale-leaseback, ” shall be responsible in connection with the Security Depositsecurity deposit, unless the mortgagee or holder of the deed of trust or the landlord actually receives the Security Depositsecurity deposit. It is intended that the covenants and obligations contained in this Lease on the part of the Landlord shall, subject to the foregoing, shall be binding on the Landlord, its successors and assigns, only during during, and in respect to to, their respective successive periods of ownership.