Common use of Sale Clause in Contracts

Sale. In the event the original Landlord hereunder, or any successor owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 7 contracts

Samples: Office Lease Agreement (Turo Inc.), Office Lease Agreement (RPX Corp), Office Lease Agreement (Velti PLC)

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Sale. In the event the original Landlord hereunder, or any successor owner of the Premises, Building, and common areas shall sell or convey the Premises, Building, and common areas, and the purchaser assumes the obligations of Landlord under the Lease, all liabilities and obligations obligation on the part of the original Landlord, or such successor owner, under this the Lease accruing thereafter after such Sale shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 6 contracts

Samples: Commercial Lease (1 800 Contacts Inc), Commercial Lease (Medcross Inc), Commercial Lease (1 800 Contacts Inc)

Sale. In the event the original Landlord hereunder, or any successor owner of the Buildingbuilding, shall sell or convey the Buildingbuilding, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon on the new owner. Tenant agrees to attorn to such new owner.

Appears in 4 contracts

Samples: Lease (American Homepatient Inc), Lease (American Homepatient Inc), Lease (America Service Group Inc /De)

Sale. In the event the original Landlord hereunder, or any successor owner of the Premises, Building, and Common Area shall sell or convey the Premises, Building, and Common Areas, and the purchaser assumes the obligations of Landlord under the Lease, all liabilities and obligations obligation on the part of the original Landlord, or such successor owner, under this the Lease accruing thereafter after such Sale shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 3 contracts

Samples: Lease (Force 10 Trading Inc), Commercial Lease (Whitney Information Network Inc), Whitney Information Network Inc

Sale. In the event the original Landlord hereunder, or any successor owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, Landlord under this Lease accruing thereafter shall terminateterminate provided the new landlord acknowledges and agrees in writing to assume the duties and obligations under the Lease, and thereupon all such liabilities and obligations shall be binding upon the new ownerlandlord. Tenant agrees to attorn to such new ownerlandlord.

Appears in 2 contracts

Samples: Lease Agreement (Inverness Medical Innovations Inc), Lease Agreement (Ivc Industries Inc)

Sale. In the event the original Landlord hereunder, or any successor owner of the BuildingBuilding or Property, shall sell or convey the BuildingBuilding or Property, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 2 contracts

Samples: Office Lease (Maker Communications Inc), Office Lease (Maker Communications Inc)

Sale. In the event that the original Landlord hereunder, or any successor owner in interest of Landlord in the Building, Premises shall sell or convey the BuildingPremises, all liabilities and obligations on the part of the original Landlord, Landlord or such successor owner, under this Lease accruing occurring thereafter shall terminate, terminate and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 2 contracts

Samples: Basic Lease Provisions (Credence Systems Corp), Basic Lease Provisions (Credence Systems Corp)

Sale. In the event the original Landlord hereunder, or any successor owner of the BuildingPremises, building(s) or common areas, shall sell or convey the BuildingPremises, building(s) or common areas, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminateterminate and Tenant shall attorn to such new owner, and thereupon provided such new owner expressly agrees to assume all such liabilities and obligations shall be binding upon of such original Landlord, or such successor owner, from the new owner. Tenant agrees to attorn to such new ownerdate the Premises is sold or conveyed.

Appears in 2 contracts

Samples: Commercial Lease (Advanta Corp), Lease (Advanta Corp)

Sale. In the event the original Landlord hereunder, or any successor owner of the Building, shall sell or convey the BuildingBuilding and/or the Property, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 2 contracts

Samples: Industrial Lease Agreement (Elevance Renewable Sciences, Inc.), Industrial Lease Agreement (Altigen Communications Inc)

Sale. In the event the original that Landlord hereunder, or any successor owner of the Building, shall sell Building or convey the BuildingComplex sells or conveys the Building or the Complex, all liabilities and obligations on of Landlord or the part of the original Landlord, or such successor owner, owner under this Lease accruing thereafter shall terminateafter the sale or conveyance terminates, and thereupon all such liabilities and obligations shall be binding upon on the new owner, and Tenant shall release Landlord from all liability under this Lease. Tenant agrees to attorn to such the new owner.

Appears in 1 contract

Samples: Work Letter Agreement (Salon Internet Inc)

Sale. In the event If the original Landlord hereunder, or any successor owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, provided that the transferee shall have assumed all liabilities and obligations thereafter accruing, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner. 27.

Appears in 1 contract

Samples: Schwab Charles Corp

Sale. In the event the original Landlord hereunder, or any successor owner of the Building, shall sell or convey its interest in the BuildingBuilding and the Property, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Industrial Lease Agreement (Under Armour, Inc.)

Sale. In the event If the original Landlord hereunder, or any successor owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminateterminate provided that such new owner assumes the same in writing, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Commercial Office Lease (Tut Systems Inc)

Sale. In the event the original Landlord hereunder, or any successor owner of the Building, premises shall sell or convey the Buildingpremises, or portions thereof, other than a transfer for security purposes, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter thereafter, shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.. 10 DUPLICATE ORIGINALS

Appears in 1 contract

Samples: Lease (D & K Healthcare Resources Inc)

Sale. In the event the that original Landlord hereunder, or any successor owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing occurring thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon on the new owner, including, but not limited to, the right of Tenant to remain on the Premises so long as Tenant is not then in default under any provision of this Lease. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Exigent International Inc

Sale. In the event the original Landlord hereunder, or any successor owner of the Buildingpremises, shall sell or convey the Buildingpremises, or portions thereof, other than a transfer for security purposes, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter thereafter, shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Lease (D & K Healthcare Resources Inc)

Sale. In the event the original Landlord hereunder, or any successor owner of the BuildingProperty, shall sell or convey the BuildingProperty, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Industrial Lease Agreement (Applied Imaging Corp)

Sale. In the event the original Landlord hereunder, or any successor owner of the Building, shall sell or convey the BuildingBuilding and/or the Property, and provided that Landlord or any successor owner, as applicable, transfers the Security Deposit to such new owner, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Industrial Lease Agreement (TNAV Holdings, Inc.)

Sale. In the event the original Landlord hereunder, or any successor owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease Landlord accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Lease (Large Scale Biology Corp)

Sale. In the event the original Landlord hereunder, or any successor owner of the Buildingbuilding, shall sell or convey the Buildingbuilding, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon on the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Commercial Lease (Hunapu Inc)

Sale. In the event the original that Landlord hereunder, or any successor owner of the Building, shall sell Building sells or convey conveys the Building, all liabilities and obligations on of Landlord or the part of the original Landlord, or such successor owner, owner under this Lease accruing thereafter shall terminateafter the sale or conveyance terminates, and thereupon all such liabilities and obligations shall be binding upon on the new owner, and Tenant shall release Landlord from all liability under this Lease. Tenant agrees to attorn to such the new owner.

Appears in 1 contract

Samples: Lease (Vu1 CORP)

Sale. In the event the original that Landlord hereunder, or any successor owner of the Building, shall sell Building sells or convey conveys the Building, all liabilities and obligations on of Landlord or the part of the original Landlord, or such successor owner, owner under this Lease accruing thereafter shall terminateafter the sale or conveyance terminates, and thereupon all such liabilities and obligations shall be binding upon on the new owner, and Tenant shall release Landlord from all liability under this Lease accruing after the date of such transfer. Tenant agrees to attorn to such the new owner.

Appears in 1 contract

Samples: Office Lease (Hambrecht & Quist Group)

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Sale. In the event 23.1 If the original Landlord hereunder, or any successor owner of the Building, shall sell sells or convey conveys the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter after such sale or conveyance shall terminateterminate and the original Landlord, or such successor owner, shall automatically be released therefrom, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Office Lease (PeopleSupport, Inc.)

Sale. In the event the original Landlord hereunder, hereunder or any successor owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon on the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Flower Hill Professional Center (Brickman Group LTD)

Sale. In the event the original Landlord hereunder, or any successor ---- owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, terminate and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Office Lease (Intek Information Inc)

Sale. In the event the original Landlord hereunder, or any successor owner of the Building, shall sell or convey the Building, and provided the purchaser or transfer assumes all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease first accruing after such transfer, such liabilities and obligations first accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new ownerowner provided the new owner agrees to recognize Tenant’s rights under this Lease.

Appears in 1 contract

Samples: Office Lease Agreement (On24 Inc)

Sale. In the event the original Landlord hereunder, or any successor ----- owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner, provided that the new owner agrees in writing to assume all prospective obligations of Landlord under the Lease.

Appears in 1 contract

Samples: Office Lease (Walker Interactive Systems Inc)

Sale. In the event the original Landlord hereunder, hereunder or any successor owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. owner Tenant agrees to attorn to such new owner. 29.

Appears in 1 contract

Samples: Office Lease (Nextcard Inc)

Sale. In the event the original Landlord hereunder, or any successor ----- owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Office Lease (Smartage Corp)

Sale. In the event the original Landlord landlord hereunder, or any successor owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlordlandlord, or such successor owner, under this Lease Lease, accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant Xxxxxx agrees to attorn to such new owner.

Appears in 1 contract

Samples: Office Lease (Intersearch Group Inc)

Sale. In the event the original Landlord hereunder, or any successor owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant Xxxxxx agrees to attorn to such new owner.

Appears in 1 contract

Samples: Office Lease Agreement (Turo Inc.)

Sale. In the event 24.1 If the original Landlord hereunder, or any successor owner of the Building, shall sell sells or convey conveys the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter after such sale or conveyance shall terminateterminate and the original Landlord, or such successor owner, shall automatically be released therefrom, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant Txxxxx agrees to attorn to such new owner.

Appears in 1 contract

Samples: Office Lease (Via Pharmaceuticals, Inc.)

Sale. In the event the original Landlord hereunder, or any successor owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon on the new owner. Tenant agrees to attorn to such new ownerowner in writing if requested by Landlord to do so.

Appears in 1 contract

Samples: Office Lease (Alliance Bankshares Corp)

Sale. In the event If the original Landlord hereunder, or any successor owner of ---- the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Lease (2bridge)

Sale. In the event the original Landlord hereunder, or any successor ---- owner of the Building, shall sell or convey the Building, all liabilities and obligations on the part of the original Landlord, or such successor owner, under this Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such new owner.

Appears in 1 contract

Samples: Office Lease (Northpoint Communications Group Inc)

Sale. In the event the original Landlord hereunder, or any successor owner of the Premises, Building, or common areas shall sell or convey the Premises, Building, or common areas, and the purchaser assumes the obligations of Landlord under the Lease, all liabilities and obligations obligation on the part of the original Landlord, or such successor owner, under this the Lease accruing thereafter shall terminate, and thereupon all such liabilities and obligations shall be binding upon the new owner. Tenant agrees to attorn to such a new owner.

Appears in 1 contract

Samples: Commercial Lease (Whitney Information Network Inc)

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