Common use of Assignment by the Landlord Clause in Contracts

Assignment by the Landlord. In the event of the sale, lease or disposition by the Landlord of the Lands or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that the purchaser or assignee thereof assumes the covenants and obligations of the Landlord hereunder, the Landlord shall thereupon and without further agreement, be freed and relieved of all liability with respect to such covenants and obligations.

Appears in 2 contracts

Sources: Net Lease, Net Lease

Assignment by the Landlord. In the event of the If there is a sale, lease or other disposition by the Landlord of the Lands Building and the Lands, or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that the purchaser or assignee thereof assumes the covenants and obligations of the Landlord hereunder, the Landlord shall will, thereupon and without further agreement, be freed and relieved of all liability with respect to such its covenants and obligations.

Appears in 2 contracts

Sources: Office Lease (Adexa Inc), Office Lease (Adexa Inc)

Assignment by the Landlord. In the event of the If there is a sale, lease or other disposition by the Landlord of the Building and/or the Lands or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and then to the extent that the purchaser or assignee thereof assumes the covenants and obligations of the Landlord hereunder, the Landlord shall will, thereupon and without further agreement, be freed and relieved of all further liability with respect to such its covenants and obligations.. INITIALS Tenant Landlord

Appears in 1 contract

Sources: Lease Agreement (Nayarit Gold Inc.)

Assignment by the Landlord. In the event of the If there is a sale, lease or other disposition by the Landlord of the Lands Property or any part thereof, or the assignment by the Landlord of this Lease or any interest Interest of the Landlord hereunder, and to the extent that the purchaser or assignee thereof assumes the covenants and obligations of the Landlord hereunder, the Landlord shall will, thereupon and without further agreement, be freed and relieved of all further liability with respect to such its covenants and obligations.

Appears in 1 contract

Sources: Lease Agreement (Infowave Software Inc)

Assignment by the Landlord. In the event of the If there is a sale, lease or other disposition by the Landlord of the Lands Property or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that the purchaser or assignee thereof assumes the covenants and obligations of the Landlord hereunder, the Landlord shall will, thereupon and without further agreement, be freed and relieved of all further liability with respect to such its covenants and obligations.

Appears in 1 contract

Sources: Industrial Lease (Iron Age Corp)

Assignment by the Landlord. In the event of the If there is a sale, lease or other disposition by the Landlord of the Lands Building, Property, the Project or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that the purchaser or assignee thereof assumes assumed the covenants and obligations of the Landlord hereunder, the Landlord shall will, thereupon and without further agreement, be freed and relieved of all further liability with respect to such its covenants and obligations.

Appears in 1 contract

Sources: Office Lease (Delano Technology Corp)

Assignment by the Landlord. In the event of the If there is a sale, lease Lease or other disposition by the Landlord of the Building or the Lands or any part thereof, thereof or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, hereunder and to the extent that the purchaser or assignee thereof assumes the covenants and obligations of the Landlord hereunder, the Landlord shall will, thereupon and without further agreement, be freed and relieved of all further liability with respect to such its covenants and obligations.

Appears in 1 contract

Sources: Lease (Ironside Technologies Inc)

Assignment by the Landlord. In the event of the sale, lease or other disposition by the Landlord of the Demised Premises and the Lands or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and to the extent that the purchaser or assignee thereof assumes the covenants and obligations of the Landlord hereunder, the Landlord shall shall, thereupon and without further agreement, be freed and relieved of all liability with respect to such covenants and obligations.

Appears in 1 contract

Sources: Lease Agreement

Assignment by the Landlord. In the event of the If there is a sale, lease or other disposition by the Landlord of the Lands Property or any part thereof, or the assignment by the Landlord of this Lease or any interest of the Landlord hereunder, and then to the extent that the purchaser or assignee thereof assumes the covenants and obligations of the Landlord hereunderunder this Lease, the Landlord shall thereupon and will, without further agreement, be freed and relieved of released from all liability with respect to such covenants and obligationsthereto.

Appears in 1 contract

Sources: Lease Agreement (Vialta Inc)