Common use of TRANSFER OF LESSOR'S RIGHTS Clause in Contracts

TRANSFER OF LESSOR'S RIGHTS. Lessor shall have the right to transfer and assign, in whole or in part, all and every feature of its rights and obligations hereunder and in the building and property referred to herein. Such transfers or assignments, howsoever made, are to be in all things respected and recognized by Lessee.

Appears in 1 contract

Samples: Lease Agreement (GLB Bancorp Inc)

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TRANSFER OF LESSOR'S RIGHTS. Lessor shall have the right to transfer and assign, in whole or in part, all and every feature of its rights and obligations hereunder and in the building building. Upon any such transfer or assignment, the term "Lessor" shall be deemed to refer only to the transferee or assignee of Lessor's interest hereunder, and property referred to herein. Such transfers or assignments, howsoever made, are to Lessor shall thereafter be in released from all things respected liability and recognized by Lesseeobligation hereunder accruing after the date of assignment.

Appears in 1 contract

Samples: Lease Agreement (Kendle International Inc)

TRANSFER OF LESSOR'S RIGHTS. Lessor shall have the right to transfer and assign, in whole or in part, all and every feature of its rights and obligations hereunder and in the building and property referred to hereinProject. Such transfers or assignments, howsoever however made, are to be shall in all things be respected and recognized by Lessee. Lessee shall look solely to Lessor's successor in interest for performance under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Design Automation Systems Inc)

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TRANSFER OF LESSOR'S RIGHTS. Lessor shall have the right to transfer and assign, in whole or in part, all and every feature of its rights and obligations hereunder and in the building Building. Upon any such transfer or assignment, the term “Lessor” shall be deemed to refer only to the transferee or assignee of Lessor’s interest hereunder, and property referred to herein. Such transfers or assignments, howsoever made, are to Lessor shall thereafter be in released from all things respected liability and recognized by Lesseeobligation hereunder arising after the date of assignment.

Appears in 1 contract

Samples: Lease Agreement (Kendle International Inc)

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