Common use of Acceptance of Assignment Clause in Contracts

Acceptance of Assignment. Assignee hereby accepts the assignment of the Contracts and Project Documents, and Assignee assumes and agrees to keep, perform and fulfill all of the duties, covenants, provisions, conditions and obligations of Assignor contained therein which arise or are incurred or are related to events occurring from and after the Effective Date.

Appears in 3 contracts

Sources: Purchase Agreement (Columbia Equity Trust, Inc.), Purchase Agreement (Jda Software Group Inc), Purchase Agreement (Behringer Harvard Reit I Inc)

Acceptance of Assignment. Assignee hereby accepts the assignment of the Contracts and Project DocumentsAcquired Contracts, and Assignee assumes and agrees to keepassume and perform, perform and fulfill to the extent set forth in the Agreement, all of the duties, covenants, provisions, conditions liabilities and obligations of Assignor contained therein which arise under the Acquired Contracts arising on or are incurred or are related to events occurring from and after the Effective DateClosing other than as a result of breach or non-performance of the Assignor.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Vitalstream Holdings Inc), Asset Purchase Agreement (Vitalstream Holdings Inc)

Acceptance of Assignment. Assignee hereby accepts the assignment of the Contracts and Project DocumentsContracts, and Assignee assumes and agrees to keepassume and perform, perform and fulfill to the extent set forth in the Purchase Agreement, all of the duties, covenants, provisions, conditions liabilities and obligations of Assignor contained therein which arise under the Contracts arising on or are incurred or are related to events occurring from and after the Effective DateClosing other than as a result of breach or non-performance of the Assignor.

Appears in 1 contract

Sources: License Termination and Asset Transfer Agreement (Smoky Market Foods Inc)