Landlord Transfer definition

Landlord Transfer means a Landlord Transfer as defined in Section 8.
Landlord Transfer means any (a) assignment, sale, conveyance or other disposition of this Lease or any interest of the Landlord hereunder, (b) sale of the Building or any part thereof and (c) transfer or issue by sale, assignment, bequest, inheritance, operation of law or other disposition, or by subscription of all or part of the corporate shares of the Landlord or an "affiliate" (as that term is defined on the date of this Lease under the Canada Business Corporations Act,
Landlord Transfer means any sale, conveyance, assignment or other transfer by Landlord of all or a portion of the Leased Premises or this Lease or any part thereof or interest therein by Landlord. Landlord shall promptly give Notice to Tenant advising Tenant of the name of any Landlord Transferee. Any security given by Tenant to secure performance of Tenant’s obligations under this Lease will be transferred by Landlord to the successor in interest of Landlord, and Landlord shall thereby be discharged of any further obligation relating thereto.

Examples of Landlord Transfer in a sentence

  • Landlord may effect a Landlord Transfer of its interest in the Leased Premises, or any part thereof or interest therein, or this Lease at any time or from time to time to any Person (a “Landlord Transferee”).

  • If the Tenant’s consent is required hereunder, within fifteen (15) days after having received the Landlord’s notice and all the information it reasonably requires, the Tenant will notify the Landlord in writing either that the Tenant consents or does not consent to the Landlord Transfer.

  • In addition, if the Tenant leases and/or occupies seventy-five (75%) percent or more of the Rentable Area of the Building, the Landlord will not allow or cause a Landlord Transfer without obtaining the prior written consent of the Tenant, which consent may not be unreasonably withheld or unduly delayed.

  • The City further acknowledges that each landlord under the Site Lease shall be liable only for those obligations arising during its period of ownership of the Site and shall be released from further obligations after it completes a Landlord Transfer.

  • No Landlord Transfer shall relieve Landlord from any of its obligations under this Lease for periods prior to such Landlord Transfer, but Landlord shall be relieved from any obligations under this Lease relating to periods on and after the date of the Landlord Transfer in question, and Tenant shall look solely to Xxxxxxxx’s successor in interest as to such obligations.

  • Landlord Transfer of Ownership I, , as new owner for the property at , attest that I have read the HAP Contract and agree to comply with and assume all terms of the HAP Contract for the assisted tenancy with .

  • In the event of a Landlord Transfer and to the extent that the Landlord Transferee assumes the covenants and obligations of the Landlord hereunder in writing directly with the Tenant, the Landlord shall, thereupon and without further agreement, be freed and relieved of all liability with respect to such covenants and obligations.

  • The Landlord will not allow or cause a Landlord Transfer, without giving prior written notice to the Tenant.

  • The Landlord acknowledges that the factors governing the granting of the Tenant’s consent to any Landlord Transfer may include, without limitation, the financial background, business history and the capability of the proposed Landlord Transferee to perform the obligations of the Landlord under this Lease, and the nature of the business practices of the proposed Landlord Transferee.

  • Tenant shall not, without the prior written consent of Landlord Transfer this Lease, which consent shall not be unreasonably withheld so long as the proposed transferee has a tangible net worth not less than Tenant as of the Lease Date and the proposed transferee has provided Landlord with financial and other information reasonably necessary for Landlord to make such determination.


More Definitions of Landlord Transfer

Landlord Transfer has the meaning set forth in Section 21.7.

Related to Landlord Transfer

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Landlord Consent means a Landlord Consent substantially in the form of Exhibit G.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Condominium unit A Single Family Property within a Condominium Project.

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Leasehold Mortgagee means the holder of a Leasehold Mortgage.

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Superior Landlord means and includes people or persons to whom the ownership or interest in the Leasehold Property might revert in the fullness of time.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Collocation Space means an area of space located in a Building to be used by CLEC to house telecommunications equipment. Additionally, roof or wall space used for wireless interconnection shall be included in the definition where applicable.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Leased space means individual storage space at a self-service storage facility which is rented to an occupant pursuant to a rental agreement.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.