Common use of SALE BY LANDLORD Clause in Contracts

SALE BY LANDLORD. Provided that any such successor in interest to Landlord assumes the obligations and liabilities of Landlord under this Lease, in event of a sale or conveyance by Landlord of the Building, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in this Lease in favor of Tenant, and in such event Tenant agrees to look solely to the responsibility of the successor in interest of Landlord in and to this Lease. Except as set forth in this Article 24, this Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assignee. If any security has been given by Tenant to secure the faithful performance of any of the covenants of this Lease, Landlord may transfer or deliver said security, as such, to Landlord’s successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said security.

SALE BY LANDLORD. Provided that any such successor in interest to Landlord assumes the obligations and liabilities of Landlord under this Lease, in In event of a sale or conveyance by Landlord of the Building, and provided that Landlord has transferred the Security Deposit and any other escrowed amounts to the assignee of the Lease, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in this Lease in favor of Tenant, and in such event Tenant agrees to look solely to the responsibility of the successor in interest of Landlord in and to this Lease. Except as set forth in this Article 24, this Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assignee. If any security has been given by Tenant to secure the faithful performance of any of the covenants of this Lease, Landlord may transfer or deliver said security, as such, to Landlord’s successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said security.

SALE BY LANDLORD. Provided that any such successor in interest to Landlord assumes the obligations and liabilities of Landlord under this Lease, in In event of a sale or conveyance by Landlord of the Building, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in this Lease in favor of Tenant, and in such event Tenant agrees to look solely to the responsibility of the successor in interest of Landlord in and to this LeaseLease with respect to such future liability. Except as set forth in this Article 24, this Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assigneeassignee provided such purchaser or assignee recognizes Tenant's rights under this Lease. If any security has been given by Tenant to secure the faithful performance of any of the covenants of this Lease, Landlord may transfer or deliver said security, as such, to Landlord’s 's successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said security.

SALE BY LANDLORD. Provided that any such successor in interest to Landlord assumes the obligations and liabilities of Landlord under this Lease, in In event of a sale or conveyance by Landlord of the Building, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in this Lease in favor of Tenant, Tenant and in such event Tenant agrees to look solely to the responsibility of the successor in interest of Landlord in and to this Lease. In the event of a sale, such successor-in-interest shall assume in writing Landlord’s obligations under this Lease. Except as set forth in this Article 24, this Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assignee. If any security has been given by Tenant to secure the faithful performance of any of the covenants of this Lease, Landlord may shall transfer or deliver said security, as such, to Landlord’s successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said security.

SALE BY LANDLORD. Provided that any such successor in interest to Landlord assumes the obligations and liabilities of Landlord under this Lease, in In event of a sale or conveyance by Landlord of the Building, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in this Lease in favor of TenantTxxxxx, and in such event Tenant Txxxxx agrees to look solely to the responsibility of the successor in interest of Landlord in and to this Lease, provided such successor in interest assumes all of Landlord’s obligations under this Lease. Except as set forth in this Article 24, this Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assignee. If any security has been given by Tenant Txxxxx to secure the faithful performance of any of the covenants of this Lease, Landlord may transfer or deliver said security, as such, to Landlord’s successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said securitysecurity to the extent that such security is actually paid to such successor.

SALE BY LANDLORD. Provided that any In the event the Landlord hereunder shall sell or convey the building in which the Premises are a part and the transferee assumes, in writing, Landlord's obligations under this Lease arising from and after the date of such successor in interest to Landlord assumes assignment, all liabilities and obligations on the obligations and liabilities part of the Landlord under this LeaseLease accruing thereafter shall terminate, in event and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner. If any security be given by Tenant to secure the faithful performance of a sale all or conveyance by Landlord of the Building, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in of this Lease in favor on the part of Tenant, and in such event Tenant agrees Landlord shall transfer and/or deliver the security to look solely to the responsibility of the successor in interest of Landlord and thereupon Landlord shall be discharged from any further liability in and to this Leasereference thereto. Except as set forth in this Article 24Paragraph 31, this Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assignee. If any security has been given by Tenant to secure the faithful performance of any of the covenants of this Lease, Landlord may transfer or deliver said security, as such, to Landlord’s successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said securityconveyance.

SALE BY LANDLORD. Provided that any such successor in interest to Landlord assumes the obligations and liabilities of Landlord under this Lease, in In event of a sale or conveyance by Landlord of the Building, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in this Lease in favor of Tenant, provided Landlord's transferee expressly assumes in writing all such future liability and delivers a copy of same to Tenant, and in such event Tenant agrees to look solely to the responsibility of the successor in interest of Landlord in and to this Lease. Except as set forth in this Article 24, this Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assignee. If any security has been given by Tenant to secure the faithful performance of any of the covenants of this Lease, Landlord may transfer or deliver said security, as such, to Landlord’s 's successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said security.

SALE BY LANDLORD. Provided that any such successor in interest to Landlord assumes the obligations and liabilities of Landlord under this Lease, in In event of a sale or conveyance by Landlord of the Building, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in this Lease in favor of TenantTenant and expressly assumed by that transferee, and in such event Tenant agrees to look solely to the responsibility of the successor in interest of Landlord in and to this Lease; provided that no such transfer shall relieve Landlord from its obligation to pay the Allowance (as defined in Exhibit B). Except as set forth in this Article 24, this Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assignee. If any security has been given by Tenant to secure the faithful performance of any of the covenants of this Lease, Landlord may transfer or deliver said security, as such, to Landlord’s successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said security.

SALE BY LANDLORD. Provided that any such successor in interest to Landlord assumes the obligations and liabilities of Landlord under this Lease, in In event of a sale or conveyance by Landlord of the Building, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in this Lease in favor of Tenant, Tenant and in such event Tenant agrees to look solely to the responsibility of the successor in interest of Landlord in and to this Lease. In the event of a sale, such successor-in-interest shall assume in writing Landlord's obligations under this Lease. Except as set forth in this Article 24, this Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assignee. If any security has been given by Tenant to secure the faithful performance of any of the covenants of this Lease, Landlord may shall transfer or deliver said security, as such, to Landlord’s 's successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said security.

SALE BY LANDLORD. Provided that any such successor in interest to Landlord assumes the obligations and liabilities of Landlord under this Lease, in In event of a sale or conveyance by Landlord of the Building, provided that Landlord's successor in interest assumes, in writing, the liabilities, covenants and obligations of Landlord under this Lease, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in this Lease in favor of Tenant, and in such event Tenant agrees to look solely to the responsibility of the successor in interest of Landlord in and to this Lease. Except as set forth in this Article 24, this Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assignee. If any security has been given by Tenant to secure the faithful performance of any of the covenants of this Lease, Landlord shall may transfer or deliver said security, as such, to Landlord’s 's successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said security.