Change of Lessor Sample Clauses

Change of Lessor. If another person (new lessor) becomes entitled to receive the Rent to be paid by the Lessee then: (a) the Lessor is released from any obligation under this Lease arising after the new lessor acquires or exercises the Lessor’s interest in this Lease; (b) the Lessee must procure the changes required by the new lessor to the insurances referred to in clause 13.1; and (c) the Lessee and the Guarantor must enter into any documents and assurances that the Lessor or the new lessor reasonably require to enable the new lessor to enforce the benefit of any obligation owed under this Lease in the new lessor’s name.

Change of Lessor. 1. Within the lease period, Party B shall not transfer the land use right of the Land or ownership of houses and ancillary facilities to a third party without Party A’s written consent. 2. In case Party B intends to transfer the land use right of the Land or ownership of houses and ancillary facilities, they shall only be transferred to Party A. But with Party A’s written consent, Party B may transfer the land use right of the Land or ownership of houses and ancillary facilities to a third party. 3. Party B shall not create encumbrances on real estate, such as guarantee and mortgage without the prior written consent of Party A.

Change of Lessor. 5.1 In the event that the Lessor transfers the ownership of its rental premises to the third parties, this annex shall remain valid for the new owner of the premises. 5.2 The Lessor shall inform the Lessee three months prior to the transfer of the ownership of the leased premises. Under the same terms the Lessee has the right of preemption to the Premises.

Change of Lessor. LESSEE’S RIGHT TO PURCHASE: In the event that ownership of the land comprising the Leased Premises (“the Land”) is conveyed or transferred (whether voluntarily or involuntarily) by Lessor to any other person or entity, this Lease shall not cease, but shall remain binding and unaffected. However, in the event Lessor desires or attempts to convey the Land to any person or entity other than a nonprofit corporation, charitable trust, governmental agency or other similar entity sharing the goals described in the Recitals above (or as security for a mortgage loan), the Lessee shall have a right of first refusal to purchase the Land. This right shall be as specified in Exhibit D – First Refusal. Any sale or other transfer contrary to this section 3.3 shall be null and void.

Change of Lessor. B consents to the change of lessor from Manrikiya Corp. to MK Kojimachi Building Co., Ltd. from January 1, 2000.

Change of Lessor. If the identity of the Lessor changes, the Lessee must do all things necessary to ensure replacement Bank Guarantee issues in favour of the then Lessor no later than ten (10) Business Days after written request from the Lessor.

Change of Lessor. 5.1 In the event that the lessor transfers the ownership of its leased building to a third party, this Appendix shall remain valid for the new owner of the building. 5.2 The lessor shall inform the lessee three months prior to the sale of the ownership of the leased building. Under the same terms, the lessee has the right of preemption to the building.

Change of Lessor. Lessor’s notification duty The lessor shall notify the tenant of the grounds for the lessor’s right to let the apartment or part thereof and of any restrictions on his, her or its right to let the apartment. If the lessor’s right of possession to the apartment lapses, the lessor shall notify the tenant thereof without delay. If such notification is not given, the tenant shall be entitled to reasonable compensation for removal costs and for any losses caused by the lessor’s failure to notify the ten-ant, unless the lessor can prove that the tenant was other-wise aware that the lessor’s right of possession had lapsed.

Change of Lessor. 5.1 In the event that the Lessor transfers the ownership of its rental premises to the third parties, this Annex shall remain valid for the new owner of the premises. 5.2 The Lessor shall inform the Lessee three months prior to the sale of the ownership of the leased premises. Under the same terms the Lessee has the right of preemption to the Premises. 1. General Description of Service Contents Party A (or its holding subsidiaries) as a Provider offers various value-added services to Party B’s subscribers through all kinds of telecommunications networks and data platforms.