Assumption by Assignee. Assignee does hereby accept the sale, assignment, transfer, grant and conveyance of the Assigned Assets and hereby assumes and agrees to observe and perform all of the obligations, terms, covenants and conditions of the Assigned Assets accruing after the date hereof.
Appears in 5 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Pebblebrook Hotel Trust), Purchase and Sale Agreement (Pebblebrook Hotel Trust)
Assumption by Assignee. Assignee does hereby accept the sale, assignment, transfer, grant and conveyance of the Assigned Assets and hereby assumes and agrees to observe and perform all of the Assignor’s obligations, terms, covenants and conditions of the Assigned Assets accruing after the date hereof.
Appears in 1 contract
Sources: Agreement for Sale and Purchase of Hotel (Chesapeake Lodging Trust)
Assumption by Assignee. Assignee does hereby accept the sale, assignment, transfer, grant and conveyance of the Assigned Assets and hereby assumes and agrees to observe and perform all of the obligations, terms, covenants and conditions of the Assigned Assets accruing after the date hereofEffective Date.
Appears in 1 contract
Sources: Agreement for Sale and Purchase of Hotel (Carey Watermark Investors 2 Inc)