Common use of Transfer of Landlord’s Interest Clause in Contracts

Transfer of Landlord’s Interest. This Lease shall be assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's interest in the Premises, other than a transfer for collateral purposes only, upon the assumption of this Lease by the transferee, Landlord shall be automatically relieved of obligations and liabilities accruing from and after the date of such transfer, including any liability for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant shall attorn to the transferee.

Appears in 7 contracts

Samples: Lease Agreement, Acquisition Agreement (CleanTech Biofuels, Inc.), Acquisition Agreement (CleanTech Biofuels, Inc.)

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Transfer of Landlord’s Interest. This Lease shall be assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's interest in the Premises, other than a transfer for collateral security purposes only, upon the assumption of this Lease by the transferee, Landlord shall be automatically relieved of obligations and liabilities accruing from and after the date of such transfer, including any liability except for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant shall attorn to the transferee.

Appears in 5 contracts

Samples: Lease Agreement (Healthetech Inc), Lease Agreement (Pacific Biometrics Inc), Lease Agreement (Virage Logic Corp)

Transfer of Landlord’s Interest. This Lease shall be assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's ’s interest in the Premises, other than a transfer for collateral security purposes only, upon the assumption of this Lease by the transferee, Landlord shall be automatically relieved of obligations and liabilities accruing from and after the date of such transfer, including any liability except for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant shall attorn to the transferee.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement (Imperium Renewables Inc), Lease Agreement

Transfer of Landlord’s Interest. This Lease shall be assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's ’s interest in the Premises, other than a transfer for collateral purposes only, upon the assumption of this Lease by the transferee, Landlord shall be automatically relieved of obligations and liabilities accruing from and after the date of such transfer, including any liability for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant shall attorn to the transferee.

Appears in 3 contracts

Samples: This Lease Agreement (iCap Vault 1, LLC), This Lease Agreement (iCap Vault 1, LLC), Lease Agreement (Kush Bottles, Inc.)

Transfer of Landlord’s Interest. This Lease shall be assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's interest in the PremisesPremises or the Property, other than a transfer for collateral security purposes only, upon the assumption of this Lease by the transferee, Landlord transferor shall be automatically relieved of any and all obligations and liabilities on the part of Landlord accruing from and after the date of such transfer, including any liability for any retained security deposit or prepaid rent, for which the transferee shall be liable, transfer and Tenant shall agrees to attorn to the transferee.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Egghead Inc /Wa/), Lease Agreement (Software Spectrum Inc), Lease Agreement (Software Spectrum Inc)

Transfer of Landlord’s Interest. This Lease shall be is assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's interest in the PremisesPremises or the Building, other than a transfer for collateral security purposes only, upon the assumption of this Lease by the transferee, Landlord shall transferor will be automatically relieved of any and all obligations and liabilities on the part of Landlord accruing from and after the date of such transfer, including any liability for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant shall agrees to attorn to the transferee.

Appears in 2 contracts

Samples: Lease Agreement (Infowave Software Inc), Lease Agreement (Interactive Objects Inc)

Transfer of Landlord’s Interest. This Lease lease shall be assignable by Landlord landlord without the consent of Tenanttenant. In the Inthe event of any transfer or transfers of Landlord's landlord’s interest in the Premisespremises, other than a transfer for collateral purposes only, upon the assumption of this Lease lease by the transferee, Landlord landlord shall be automatically relieved of obligations and liabilities accruing from and after the date of such transfer, including any liability for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant tenant shall attorn to the transfereethetransferee.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

Transfer of Landlord’s Interest. This Lease shall be assignable by Landlord without the consent of Tenant. In Tenant in the event of any transfer or transfers of Landlord's interest in the PremisesPremises or the Building, other than a transfer for collateral security purposes only, upon and the assumption of this Lease by the transferee, Landlord transfer or shall be automatically relieved of any and all obligations and liabilities on the part of Landlord accruing from and after the date of such transfer, including any liability for any retained security deposit or prepaid rent, for which the transferee shall be liable, transfer and Tenant shall agrees to attorn to the transferee.

Appears in 1 contract

Samples: Lease Agreement (Synchronoss Technologies Inc)

Transfer of Landlord’s Interest. This Lease shall be assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's ’s interest in the Premises, other than a transfer for collateral security purposes only, upon the assumption of this Lease by the transferee, Landlord shall be automatically relieved of obligations and liabilities accruing from and after the date of such transfer, including any liability for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant shall attorn to the transferee.

Appears in 1 contract

Samples: Lease Agreement

Transfer of Landlord’s Interest. This Lease shall be assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's interest in the PremisesPremises or in the Building, other than a transfer for collateral security purposes only, upon the assumption of this Lease by the transferee, Landlord transferor shall be automatically relieved of all obligations and liabilities on the part of Landlord accruing from and after the date of such transfer, including any liability for any retained security deposit or prepaid rent, for which the transferee shall be liable, transfer and Tenant shall agrees to attorn to the transferee.

Appears in 1 contract

Samples: Lease Agreement

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Transfer of Landlord’s Interest. This Lease shall be assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's ’s interest in the Premises, other than a transfer for collateral security purposes only, upon the assumption of this Lease by the transferee, Landlord shall be automatically relieved of obligations and liabilities accruing from and after the date of such transfer, including any liability except for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant shall attorn to the transferee. See section 32. Not to adversely impact Tenant’s lease.

Appears in 1 contract

Samples: Lease Agreement (Glu Mobile Inc)

Transfer of Landlord’s Interest. This Lease shall be assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's ’s interest in the Property or the Premises, other than a transfer for collateral security purposes only, upon the assumption of this Lease by the transferee, Landlord shall be automatically relieved of obligations and liabilities accruing from and after the date of such transfer, including any liability except for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant shall attorn to the transferee.

Appears in 1 contract

Samples: Lease Agreement (Jones Soda Co)

Transfer of Landlord’s Interest. This Lease shall be is assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's interest in the PremisesPremises or the Building, other than a transfer for collateral security purposes only, upon the assumption of this Lease by the transferee, Landlord shall transferor will be automatically relieved of any and all obligations and liabilities on the part of Landlord accruing from and after the date of such transfer, including any liability for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant shall agrees to attorn to the transferee, providing such transferee assumes the obligations of Landlord under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Stamps Com Inc)

Transfer of Landlord’s Interest. This Lease lease shall be assignable by Landlord without the consent of Tenant. In the event of any transfer or transfers of Landlord's interest in the Premises, other than a transfer for collateral purposes only, upon Upon the assumption of this Lease by the transferee, Landlord shall be automatically relieved of obligations and liabilities accruing from and after the date of such transfer, including any liability for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant shall attorn to the transferee.

Appears in 1 contract

Samples: Lease Agreement

Transfer of Landlord’s Interest. This Lease shall be assignable by Landlord without the consent of Tenant. Any such assignment shall not alter the terms of this lease. In the event of any transfer or transfers of Landlord's interest in the Premises, other than a transfer for collateral security purposes only, upon the assumption of this Lease by the transferee, Landlord shall be automatically relieved of obligations and liabilities accruing from and after the date of such transfer, including any liability except for any retained security deposit or prepaid rent, for which the transferee shall be liable, and Tenant shall attorn to the transferee.

Appears in 1 contract

Samples: Lease Agreement (Mohawk Industries Inc)

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