Common use of SALE OR CONVEYANCE BY LANDLORD Clause in Contracts

SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of ------------------------------ the Premises or any interest therein, by any owner of the reversion then constituting Landlord, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant for any claims arising after such sale or conveyance, and in such event, insofar as such transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Premises and this Lease for any claims arising after such transfer. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees to attorn to the successor in interest of such transferor.

Appears in 1 contract

Samples: Lease Agreement (Egain Communications Corp)

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SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of ------------------------------ the Premises or any interest therein, by any owner of the reversion then constituting Landlord, and the assumption by the transferee of the obligations of Landlord hereunder, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant for any claims arising after such the effective date of the sale or conveyance, and in such event, insofar as such transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor (and not to the transferor) in and to the Premises Complex and this Lease for with respect to any claims obligation or liability of the “Landlord” arising after the effective date of such transfersale or conveyance. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees to attorn to the successor in interest of such transferor.

Appears in 1 contract

Samples: Lease (Neophotonics Corp)

SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of ------------------------------ the Premises or any interest therein, by any owner of the reversion then constituting Landlord, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant for any claims arising after such sale or conveyanceTenant, and in such event, insofar as such transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Premises and this Lease for any claims arising after such transferLease. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees (to attorn to the successor in interest of such transferor, provided that the transferee assumes all of Landlord's obligations in writing under the Lease.

Appears in 1 contract

Samples: Lease Agreement (Curon Medical Inc)

SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of ------------------------------ the Premises Complex or any interest therein, by any owner of the reversion then constituting Landlord, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant for any claims arising after such sale or conveyanceTenant, and in such event, insofar as such transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Premises INITIAL HERE INITIAL HERE Complex and this Lease, provided that such successor-in-interest has assumed Landlord’s obligations under this Lease for any claims arising after such transfereither by contractual obligation, assumption agreement or by operation of law. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees to attorn to the successor in interest of such transferor.

Appears in 1 contract

Samples: Lease Agreement (Sonim Technologies Inc)

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SALE OR CONVEYANCE BY LANDLORD. In the event of a sale or conveyance of ------------------------------ the Premises or any interest therein, by any owner of the reversion then constituting Landlord, upon the written assumption of the obligations of the Landlord arising under this Lease from and after the date of the sale or conveyance, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant for any claims arising after such sale or conveyanceTenant, and in such event, insofar as such transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Premises and this Lease for any claims arising after such transferLease. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees to attorn to the successor in interest of such transferortransferor as of the date of transfer.

Appears in 1 contract

Samples: Lease Agreement (Broadbase Software Inc)

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