Common use of Assumption by Assignee Clause in Contracts

Assumption by Assignee. Assignee hereby assumes and agrees to perform all of the obligations of Assignor under the Agreements.

Appears in 4 contracts

Sources: Assignment and Assumption Agreement (Vistana Inc), Assignment and Assumption Agreement (Vistana Inc), Assignment and Assumption Agreement (Adler Jeffrey A)

Assumption by Assignee. Assignee hereby accepts the foregoing assignment and assumes and agrees to perform all of the obligations duties, obligations, liabilities, commitments and covenants of Assignor Assignor, accruing from and after the date hereof with respect to or arising under each of the AgreementsLeases.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Wells Core Office Income Reit Inc)

Assumption by Assignee. Assignee hereby assumes and agrees to assume and perform all of the obligations obligations, liabilities and responsibilities of the Assignor under the AgreementsLease.

Appears in 1 contract

Sources: Assignment and Assumption of Air Rights Lease (CNL Healthcare Properties, Inc.)

Assumption by Assignee. Assignee hereby accepts the foregoing assignment and assumes and agrees to perform all of the obligations duties, obligations, liabilities, commitments and covenants of Assignor accruing from and after the date hereof with respect to or arising under each of the AgreementsContracts.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Wells Core Office Income Reit Inc)

Assumption by Assignee. Assignee hereby accepts the foregoing assignment and assumes and agrees to perform all of the obligations duties, obligations, liabilities, commitments and covenants of Assignor accruing from and after the date hereof with respect to or arising under each of the Assigned Agreements.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Steadfast Apartment REIT, Inc.)