Common use of Acceptance and Assumption Clause in Contracts

Acceptance and Assumption. The Assignee hereby accepts the assignment of, assumes all of the Assignor’s obligations under and agrees to perform all obligations set forth in the Intellectual Property Agreements, Permits, Leases, Contracts and Warranties arising from and after the date hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Data Storage Corp), Asset Purchase Agreement (Data Storage Corp)

Acceptance and Assumption. The Assignee does hereby accepts accept assignment of the assignment of, assumes Assigned Contract and does hereby assume all of the Assignor’s obligations under rights, title, and interest in the Assigned Contract and agrees to perform all the obligations set forth in of the Intellectual Property Agreements, Permits, Leases, Contracts and Warranties charter holder under the Assigned Contract arising from therefrom on and after the date hereofEffective Date.

Appears in 1 contract

Sources: Assignment and Amendment to Florida Standard Charter Renewal Contract

Acceptance and Assumption. The Assignee hereby accepts the such assignment of, assumes and agrees to be bound by all of the Assignor’s obligations under terms and agrees to perform all obligations conditions set forth in the Intellectual Property Agreements, Permits, Leases, Contracts Lease and Warranties arising to assume and perform all of the duties and obligations of the Assignor thereunder from and after the date hereof.

Appears in 1 contract

Sources: Bank Purchase and Assumption Agreement (Center Bancorp Inc)

Acceptance and Assumption. The Assignee hereby accepts the assignment ofof all of Assignor's rights, titles and interests under the Contracts, agrees to be bound by all of the terms, covenants and conditions thereof, and hereby assumes all of Assignor's obligations arising under the Assignor’s obligations under and agrees to perform all obligations set forth in the Intellectual Property Agreements, Permits, Leases, Contracts and Warranties arising relating to periods from and after the date hereofEffective Date.

Appears in 1 contract

Sources: Assignment and Assumption Agreement (Alliance Resource Partners Lp)

Acceptance and Assumption. The Assignee hereby accepts the assignment of, assumes of all of Assignor's right, title and interest in and to the Assignor’s obligations under and agrees Assigned Property pursuant to perform all obligations set forth in the Intellectual Property Agreements, Permits, Leases, Contracts and Warranties arising from and after the date hereofterms of this Agreement.

Appears in 1 contract

Sources: Transfer Agreement and Bill of Sale (Aerocentury Iv Inc)