Common use of Sale of Premises by Landlord Clause in Contracts

Sale of Premises by Landlord. In the event of any sale of the Building, after delivery to the purchaser of Tenant's security deposit and any other funds of Tenant held by Landlord on account of Tenant's obligations hereunder, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease arising out of any act, occurrence or omission occurring after the consummation of such sale; and the purchaser, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Sale of Premises by Landlord. In the event of any sale of the Building, after delivery to Building or the purchaser property upon which the Building is located or assignment of Tenant's security deposit and any other funds of Tenant held this Lease by Landlord on account of Tenant's obligations hereunderLandlord, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its Landlord's covenants and obligations contained in or derived from this Lease or arising out of any act, occurrence or omission occurring after the consummation of such salesale or assignment; and the assignee or purchaser, at such sale or any subsequent sale of the Premises or assignment of this Lease, shall be deemed, without any further agreement between the parties and only such assignee or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Sale of Premises by Landlord. In the event of any sale of the Building, after delivery to Building or the purchaser property upon which the Building is located or any assignment of Tenant's security deposit and any other funds of Tenant held this Lease by Landlord on account (or a successor in title), if the assignee or purchaser assumes the obligations of Tenant's obligations hereunderLandlord herein in writing, Landlord (or such successor) shall automatically be and is hereby entirely freed and relieved of all liability under any and all of its Landlord’s covenants and obligations contained in or derived from this Lease or arising out of any act, occurrence occurrence, or omission occurring after the consummation of such sale; and the purchaser, at such sale or any subsequent sale of assignment, and the Premises assignee or purchaser shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaserparties, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease, and shall be substituted as Landlord for all purposes from and after the sale or assignment.

Sale of Premises by Landlord. In the event of any sale of the Building, after delivery to Building or the purchaser Land or any assignment of Tenant's security deposit and any other funds of Tenant held this Lease by Landlord on account (or a successor in title), if the assignee or purchaser assumes the obligations of Tenant's obligations hereunderLandlord herein in writing, Landlord (or such successor) shall automatically be and is hereby entirely freed and relieved of all liability under any and all of its Landlord's covenants and obligations contained in or derived from this Lease or arising out of any act, occurrence occurrence, or omission occurring after the consummation of such salesale or assignment; and the purchaser, at such sale assignee or any subsequent sale of the Premises purchaser shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaserparties, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease, and shall be substituted as Landlord for all purposes from and after the sale or assignment.

Sale of Premises by Landlord. In the event of any sale of the Building, after delivery to Building or the purchaser Land or any assignment of Tenant's security deposit and any other funds of Tenant held this Lease by Landlord on account (or a successor in title), if the assignee or purchaser assumes the obligations of Tenant's obligations hereunderLandlord herein in writing, Landlord (or such successor) shall automatically be and is hereby entirely freed and relieved of all liability under any and all of its Landlord's covenants and obligations contained in or derived from this Lease or arising out of any act, occurrence occurrence, or omission occurring after the consummation of such salesale or assignment; and the purchaser, at such sale assignee or any subsequent sale of the Premises purchaser shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaserparties, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease, and shall be substituted as Landlord for all purposes from and after the sale or assignment.

Sale of Premises by Landlord. In the event of any sale of the Building, after delivery to Building or the purchaser property upon which the Building is located or any assignment of Tenant's security deposit and any other funds of Tenant held this Lease by Landlord on account (or a successor in title), if the assignee or purchaser assumes the obligations of Tenant's obligations hereunderLandlord herein in writing, Landlord (or such successor) shall automatically be and is hereby entirely freed and relieved of all liability under any and all of its Landlord’s covenants and obligations contained in or derived from this Lease or arising out of any act, occurrence occurrence, or omission occurring after the consummation of such salesale or assignment; and the purchaser, at such sale assignee or any subsequent sale of the Premises purchaser shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaserparties, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease, and shall be substituted as Landlord for all purposes from and after the sale or assignment.

Sale of Premises by Landlord. In the event of any sale of the Building, after delivery to Building or the purchaser property upon which the Building is located or any assignment of Tenant's security deposit and any other funds of Tenant held this Lease by Landlord on account (or a successor in title), if the assignee or purchaser assumes the obligations of Tenant's obligations hereunderLandlord herein in writing, Landlord (or such successor) shall automatically be and is hereby entirely freed and relieved of all liability under any and all of its Landlord's covenants and obligations contained in or derived from this Lease or arising out of any act, occurrence occurrence, or omission occurring after the consummation of such salesale or assignment; and the purchaser, at such sale assignee or any subsequent sale of the Premises purchaser shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaserparties, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease, and shall be substituted as Landlord for all purposes from and after the sale or assignment.

Sale of Premises by Landlord. In the event of any sale of the Building, after delivery to Building or the purchaser property upon which the Building is located or assignment of Tenant's security deposit and any other funds of Tenant held this Lease by Landlord on account of Tenant's obligations hereunderLandlord, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its Landlord's covenants and obligations contained in or derived from this Lease or arising out of any act, occurrence or omission occurring after the consummation of such salethereafter; and the assignee or purchaser, at such sale or any subsequent sale of the Premises or assignment of this Lease, shall be deemed, without any further agreement between the parties and only such assignee or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Sale of Premises by Landlord. In the event of any sale of the Building---------------------------- Premises by Landlord, after delivery to and upon the purchaser purchaser's assumption of Tenant's security deposit and any other funds of Tenant held by Landlord on account of TenantLandlord's obligations hereunderunder this Lease, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease arising out of any act, occurrence or omission occurring after the consummation of such sale; and the purchaser, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Sale of Premises by Landlord. In the event of any sale of the Building, after delivery to Building or the purchaser property upon which the Building is located or any assignment of Tenant's security deposit and any other funds of Tenant held this Lease by Landlord on account (or a successor in title), if the assignee or purchaser assumes the obligations of Tenant's obligations hereunderLandlord herein in writing, Landlord (or such successor) shall automatically be and is hereby entirely freed and relieved of all liability under any and all of its Landlord’s covenants and obligations contained in or derived from this Lease or arising out of any act, occurrence occurrence, or omission occurring after the consummation of such salesale or assignment; and the purchaser, at such sale assignee or any subsequent sale of the Premises purchaser shall be deemed, without any further agreement agree­ment between the parties or their successors in interest or between the parties and any such purchaserparties, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease, and shall be substituted as Landlord for all purposes from and after the sale or assignment.

Sale of Premises by Landlord. In the event of any sale of the Buildingdemised premises by Landlord, provided that the transferee expressly assumes in writing the obligations of Landlord accruing hereunder after delivery to the purchaser consummation of Tenant's security deposit and any other funds of Tenant held by Landlord on account of Tenant's obligations hereundersuch transfer, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease arising out of any act, occurrence or omission occurring after the consummation of such sale; and the purchaser, purchaser at such sale or any subsequent sale of the Premises demised premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease.

Sale of Premises by Landlord. In the event of any sale of the BuildingBuilding Complex or any portion thereof containing the PREMISES, after delivery to the purchaser of Tenant's security deposit and any other funds of Tenant held by Landlord on account of Tenant's obligations hereunder, Landlord LANDLORD shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease arising out of any such act, occurrence or omission occurring after the consummation of such sale; and the purchaser, at such sale or any subsequent sale of the Premises PREMISES shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser, to have assumed in interest or between the parties and any such purchaser, to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord LANDLORD under this Lease.