Common use of Transfers by Landlord Clause in Contracts

Transfers by Landlord. Landlord shall have the right to transfer and assign, in whole or in part, all of its rights and obligations hereunder in the Building. In such event and upon such transfer, no further liability or obligations shall thereafter accrue against the transferring or assigning person as Landlord hereunder with respect to the period after the closing, to the extent such obligations are assumed by such transferee.

Appears in 2 contracts

Samples: Lease (Rhythm Pharmaceuticals, Inc.), Lease (Rhythm Pharmaceuticals, Inc.)

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Transfers by Landlord. Landlord shall have the right to transfer and assign, in whole or in part, assign all of its rights and obligations hereunder in the Building. In , and in such event and upon such transfer, no further liability or obligations shall thereafter accrue for obligations arising after such transfer or assignment against the transferring or assigning person such party as Landlord hereunder with respect to hereunder. No owner of the period after Leased Premises shall be liable under this Lease except for breaches of Landlord’s obligations occurring while such person is the closing, to owner of the extent such obligations are assumed by such transfereeLeased Premises.

Appears in 2 contracts

Samples: Houghton Mifflin Co, Houghton Mifflin Co

Transfers by Landlord. Landlord shall have the right to transfer and assign, in whole or in part, assign all of its rights and obligations hereunder in the Building. In , and in such event and upon such transfer, no further liability or obligations shall thereafter accrue for obligations arising after such transfer or assignment against the transferring or assigning person such party as Landlord hereunder with respect to hereunder. No owner of the period after Leased Premises shall be liable under this Lease except for breaches of Landlord's obligations occurring while such person is the closing, to owner of the extent such obligations are assumed by such transfereeLeased Premises.

Appears in 1 contract

Samples: Section Page (Houghton Mifflin Co/Fa)

Transfers by Landlord. Landlord shall have the right to transfer --------------------- and assign, in whole or in part, all of its rights and obligations hereunder and in the BuildingProject. In such event Upon transfer by Landlord of its interest in the Project, and upon such transferthe transferee's assumption of Landlord's obligations hereunder, no further liability or obligations shall thereafter accrue against the transferring or assigning person as Landlord hereunder with respect to the period after the closing, to the extent such obligations are assumed by such transfereehereunder.

Appears in 1 contract

Samples: Lease (Actuate Corp)

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Transfers by Landlord. Landlord shall have the right to transfer and --------------------- assign, in whole or in part, all of its rights and obligations hereunder and in the BuildingProject. In such event Upon transfer by Landlord of its interest in the Project, and upon such transferthe transferee's assumption of Landlord's obligations hereunder, no further liability or obligations shall thereafter accrue against the transferring or assigning person as Landlord hereunder with respect to the period after the closing, to the extent such obligations are assumed by such transfereehereunder.

Appears in 1 contract

Samples: Actuate Corp

Transfers by Landlord. Landlord shall have the right to transfer and assign, in whole or in part, all of its rights and obligations hereunder and in the BuildingProject. In such event Upon transfer by Landlord of its interest in the Project, and upon such transferthe transferee’s assumption of Landlord’s obligations hereunder, no further liability or obligations shall thereafter accrue against the transferring or assigning person as Landlord hereunder with respect to the period after the closing, to the extent such obligations are assumed by such transfereehereunder.

Appears in 1 contract

Samples: Office Building Lease (Fox Hollow Technologies Inc)

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