Common use of Transfers by Landlord Clause in Contracts

Transfers by Landlord. In the event of a sale or conveyance by Landlord of the Building or a foreclosure by any creditor of Landlord, the same shall operate to release Landlord from any liability for any of the covenants or duties, express or implied, contained in this Lease, to the extent required to be performed after the passing of title to Landlord’s successor-in-interest. In such event, Tenant agrees to look solely to the successor-in-interest of Landlord under this Lease with respect to the performance of the covenants and duties of “Landlord” to be performed after the passing of title to Landlord’s successor-in-interest, provided that any successor pursuant to a voluntary, third-party transfer (but not as part of an involuntary transfer resulting from a foreclosure or deed in lieu thereof) shall have assumed Landlord’s obligations under this Lease either by contractual obligation, assumption agreement or by operation of law. This Lease shall not be affected by any such sale, conveyance or foreclosure, and Tenant agrees to attorn to the successor-in-interest. Landlord’s successor(s)-in-interest shall not have liability to Tenant with respect to the failure to perform any of the obligations of “Landlord,” to the extent required to be performed prior to the date such successor(s)-in-interest became the owner of the Building.

Transfers by Landlord. In the event of a sale or conveyance by Landlord of the Building or a foreclosure by any creditor of Landlord, the same shall operate to release Landlord from any liability for upon any of the covenants or dutiesconditions, express or implied, herein contained in this Leasefavor of Tenant, to the extent required to be performed after the passing of title to Landlord’s 's successor-in-interestinterest and such successor's assumption of Landlord's obligations under this Lease. In such event, Tenant agrees to look solely to the responsibility of the successor-in-interest of Landlord under this Lease with respect to the performance of the covenants and duties of “Landlord” Landlord to be performed after the passing of title to Landlord’s 's successor-in-interest, provided that any successor pursuant to a voluntary, third-party transfer (but not as part of an involuntary transfer resulting from a foreclosure or deed in lieu thereof) shall have assumed Landlord’s obligations under this Lease either by contractual obligation, assumption agreement or by operation of law. This Lease shall not be affected by any such sale, conveyance or foreclosure, sale and Tenant agrees to attorn to the successor-in-interestpurchaser or assignee. Landlord’s 's successor(s)-in-interest shall not have liability to Tenant with respect to the failure to perform any of the obligations of “Landlord,” , to the extent required to be performed prior to the date such successor(s)-in-interest became the owner of the Building.

Transfers by Landlord. In the event of a sale or conveyance by Landlord of the Building or a foreclosure by any creditor of Landlord, the same shall operate to release Landlord from any liability for upon and obligate Landlord's successor-in-xxxxxxxx to any of the covenants or dutiesconditions, express or implied, herein contained in this Leasefavor of Tenant, to the extent required to be performed after the passing of title to Landlord’s 's successor-in-interestinterest during their respective period of ownership. In such event, Tenant agrees to look solely to soxxxx xo the successorresponsibility of the sucessor-in-interest of Landlord under this Lease with respect to the performance of the covenants and duties of “"Landlord” " to be performed after the passing of title to Landlord’s 's successor-in-interest, provided that any successor pursuant to a voluntary, third-party transfer (but not as part of an involuntary transfer resulting from a foreclosure or deed in lieu thereof) shall have assumed Landlord’s obligations under this Lease either by contractual obligation, assumption agreement or by operation of lawxxxxxxxt. This Lease shall not be affected by any such sale, conveyance or foreclosure, sale and Tenant agrees to attorn to the successor-in-interestxx xxe purchaser or assignee. Landlord’s successor(s)-in's successor(s)-xx-interest xxxxrest shall not have liability to Tenant with respect to the failure to perform any all of the obligations of “"Landlord,” ", to the extent required to be performed prior to the date such successor(s)-in-interest became the owner of the Building.

Transfers by Landlord. In the event of a sale or conveyance convenience by Landlord of the Building or a foreclosure by any creditor of or Landlord, the same shall operate to release Landlord from any liability for upon any of the covenants convenience or dutiescondition, express or implied, herein contained in this Leasefavor of Tenant, to the extent required to be performed after the passing of title to Landlord’s 's successor-in-interest. In such event, Tenant agrees to look solely to the responsibility of the successor-in-interest of Landlord under this Lease with respect to the performance of the covenants and duties of “"Landlord” " to be performed after the passing of title to Landlord’s 's successor-in-interestinterest provided such successor-in-interest assumes in writing Landlord's duties, provided that any successor pursuant to a voluntary, third-party transfer (but not as part of an involuntary transfer resulting from a foreclosure or deed in lieu thereof) shall have assumed Landlord’s obligations under this Lease either by contractual obligation, assumption agreement or by operation of lawall liabilities hereunder. This Lease shall not be affected by any such sale, conveyance or foreclosure, sale and Tenant agrees to attorn to the successor-in-interestpurchaser or assignee. Landlord’s 's successor(s)-in-interest shall not have liability to Tenant with respect to the failure to perform any of the obligations of “"Landlord,” " to the extent required to be performed prior to the date such successor(s)-in-interest became the owner of the Building.

Transfers by Landlord. In the event of a sale or conveyance by Landlord of the Building or a foreclosure by any creditor of Landlord, the same shall operate to release Landlord from any liability for upon any of the covenants or dutiesconditions, express or implied, herein contained in this Leasefavor of Tenant, to the extent required to be performed after the passing of title to Landlord’s successor-in-interestinterest and such successor’s assumption of Landlord’s obligations under this Lease. In such event, Tenant agrees to look solely to the responsibility of the successor-in-interest of Landlord under this Lease with respect to the performance of the covenants and duties of “Landlord” Landlord to be performed after the passing of title to Landlord’s successor-in-interest, provided that any successor pursuant to a voluntary, third-party transfer (but not as part of an involuntary transfer resulting from a foreclosure or deed in lieu thereof) shall have assumed Landlord’s obligations under this Lease either by contractual obligation, assumption agreement or by operation of law. This Lease shall not be affected by any such sale, conveyance or foreclosure, sale and Tenant agrees to attorn to the successor-in-interestpurchaser or assignee. Landlord’s successor(s)-in-interest shall not have liability to Tenant with respect to the failure to perform any of the obligations of “Landlord,” , to the extent required to be performed prior to the date such successor(s)-in-interest became the owner of the Building.

Transfers by Landlord. In the event of a sale or conveyance by Landlord of the Building or a foreclosure by any creditor of Landlord, the same shall operate to release Landlord from any liability for upon and obligate Xxxxxxxx's successor-in-interest to any of the covenants or dutiesconditions, express or implied, herein contained in this Leasefavor of Tenant, to the extent required to be performed after the passing of title to Landlord’s 's successor-in-interestinterest during their respective period of ownership. In such event, Tenant Xxxxxx agrees to look solely to the responsibility of the successor-in-interest of Landlord under this Lease with respect to the performance of the covenants and duties of “"Landlord” " to be performed after the passing of title to Landlord’s Xxxxxxxx's successor-in-interest, provided that any successor pursuant to a voluntary, third-party transfer (but not as part of an involuntary transfer resulting from a foreclosure or deed in lieu thereof) shall have assumed Landlord’s obligations under this Lease either by contractual obligation, assumption agreement or by operation of law. This Lease shall not be affected by any such sale, conveyance or foreclosure, sale and Tenant Xxxxxx agrees to attorn to the successor-in-interestpurchaser or assignee. Landlord’s Xxxxxxxx's successor(s)-in-interest shall not have liability to Tenant with respect to the failure to perform any all of the obligations of “"Landlord,” ", to the extent required to be performed prior to the date such successor(s)-in-interest became the owner of the Building.