Common use of Assignment and Assumption of the Lease Clause in Contracts

Assignment and Assumption of the Lease. wherein Seller shall indemnify Buyer from and against any and all obligations accruing under the Lease prior to the Closing Date and Buyer shall indemnify Seller from and against any and all obligations accruing under the Lease from and after the Closing Date; and

Appears in 1 contract

Sources: Assignment and Assumption of Purchase and Sale Agreement (Aei Net Lease Income & Growth Fund Xx Limited Partnership)

Assignment and Assumption of the Lease. wherein Seller shall indemnify Buyer from and against any and all obligations accruing under the Lease prior to the Closing Date and Buyer shall indemnify Seller from and against any and all obligations accruing under the Lease from and after the Closing Date; and;

Appears in 1 contract

Sources: Purchase and Sale Agreement (AEI Income & Growth Fund 26 LLC)