Common use of Acceptance of Assignment and Assumption Clause in Contracts

Acceptance of Assignment and Assumption. Assignee hereby accepts the foregoing assignment and hereby assumes, and agrees to perform, all of Assignor's duties and obligations under the Agreement that arise and accrue from and after the date of this Assignment.

Appears in 5 contracts

Sources: Assignment and Assumption of Agreement for Purchase and Sale (Inland Western Retail Real Estate Trust Inc), Assignment and Assumption of Purchase and Sale Agreement (Inland Western Retail Real Estate Trust Inc), Assignment and Assumption of Agreement for Purchase and Sale (Inland Western Retail Real Estate Trust Inc)

Acceptance of Assignment and Assumption. Assignee hereby accepts the foregoing assignment and hereby assumes, and agrees to perform, all of Assignor's ’s duties and obligations under the Agreement that arise and accrue from and after the date of this Assignment.

Appears in 1 contract

Sources: Assignment and Assumption of Purchase Agreement (Inland American Real Estate Trust, Inc.)