Common use of Sale of the Property Clause in Contracts

Sale of the Property. In the event of a sale or conveyance by Landlord of the Property, the same shall operate to release Landlord from any and all liability under this Lease arising after the date of such sale, provided that if a Security Deposit has been paid by Tenant, Landlord shall not be released from liability with respect thereto unless Landlord transfers or credits the Security Deposit to the applicable purchaser.

Sale of the Property. In the event of a sale sale, transfer or conveyance by Landlord of the PropertyProperty (which sale, transfer or conveyance by Landlord may be consummated freely without consent or approval of Tenant), the same shall operate to release Landlord from any and all liability under this Lease arising after the date of such sale, provided that if a Security Deposit has been paid made by Tenant, Landlord shall not be released from liability with respect thereto unless Landlord transfers or credits the Security Deposit to the applicable purchaserpurchaser and the purchaser assumes liability therefore in writing.

Sale of the Property. In the event of a sale or conveyance by Landlord of the PropertyProperly, the same shall operate to release Landlord from any and all liability under this Lease arising after the date of such sale, provided that if a Security Deposit has been paid made by Tenant, Landlord shall not be released from liability with respect thereto unless Landlord transfers or credits the Security Deposit to the applicable purchaser.

Sale of the Property. In the event of a sale or conveyance by Landlord of the Property, the same shall operate to release Landlord from any and all liability under this Lease arising after the date of such sale, provided that if the purchasee is a Security Deposit has been paid by Tenantfully capitalized, ongoing bona fide business entity, which in writing assumes all obligations of Landlord shall not be released from liability with respect thereto unless Landlord transfers or credits hereunder including without limitation all obligations regarding the Security Deposit to the applicable purchaserDeposit.

Sale of the Property. In the event of a sale sale, transfer or conveyance by Landlord of the PropertyProperty (which sale, transfer or conveyance by Landlord may be consummated freely without consent or approval of Tenant), the same shall operate to release Landlord from any and all liability under this Lease arising after the date of such sale, provided that if a Security Deposit has been paid made by Tenant, Landlord shall not be released from liability with respect thereto unless Landlord transfers or credits the Security Deposit to the applicable purchaser.

Sale of the Property. In the event of a sale or conveyance by Landlord of the Property, the same shall operate to release Landlord from any and all liability under this Lease arising after the date of such sale, provided that if a Security Deposit has been paid by Tenant, Landlord shall not be released from liability with respect thereto unless Landlord transfers or credits the Security Deposit to the applicable purchaserpurchaser .