Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and Deposits. Assignee agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under the Assigned Documents from and after the date of this Agreement, and assume all Assumed Liabilities with respect to the Assigned Documents.
Acceptance and Assumption by Assignee. Assignee accepts the assignment, transfer and conveyance of the Intangibles. Assignee agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under the Licenses and Permits, Service Contracts, Equipment Leases, the Other Agreements, and the Bookings arising from and after the Effective Date.
Acceptance and Assumption by Assignee. Assignee hereby accepts said Assignment and irrevocably assumes and agrees to keep, perform and be bound by all of the terms, covenants, conditions and obligations that are required to be performed by Assignor under the Management Agreement from and after the effective date hereof.
Acceptance and Assumption by Assignee. Assignee hereby accepts the foregoing assignment from Assignor. Assignee hereby assumes and agrees to pay and K-1 perform all of Assignor's obligations under the Purchase Agreement and to observe all of the terms, covenants and conditions applicable to Buyer thereunder. Assignee hereby further agrees to be bound by all approvals and waivers by Assignor prior to this Assignment.
Acceptance and Assumption by Assignee. ASSIGNEE (i) accepts and agrees to be bound by all the terms and provisions of the Joint Venture Agreement for PruBeta-3 dated January 24, 1989 from and after the date hereof and (ii) hereby assumes all obligations with respect to the Partnership Interest conveyed hereby that arise or accrue from and after the date hereof; provided, however, that ASSIGNEE does not assume, and ASSIGNOR retains, all liabilities and obligations of Assignor arising out of, resulting from or relating to the Purchase Agreement and/or the Business Campus Contract, including, without limitation, the GAB Indemnity and shall be liable for all Damages (as defined below) arising out of, resulting from or relating thereto.
Acceptance and Assumption by Assignee. As of the Effective Date, Assignee, for itself and its successors and assigns, hereby expressly and unconditionally accepts such assignment of, and assumes, all such Rights and Obligations, and expressly agrees for the benefit of the City and Trustee, to pay, perform and discharge all obligations of Assignor under the Regulatory Agreement arising due to events first occurring on or after the Effective Date, and to comply with all covenants of Assignor under the Regulatory Agreement arising due to events first occurring on or after the Effective Date. Assignor agrees to indemnify, defend and hold harmless Assignee (and Assignee’s successors and assigns) from andagainst any and all claims, liens, damages, demands, causes of action, liabilities, lawsuits, judgments, losses, costs and expenses (including without limitation reasonable attorneys' fees and expenses) (collectively, “Claims”) asserted against or incurred by Assignee under the Regulatory Agreement by reason of or arising out of events occurring prior to the Effective Date, including without limitation (a) any Claims due to the improvements constructed as of the Effective Date not being completed in accordance with the requirements of the Regulatory Agreement, and (b) any applicable fees and payments to be paid pursuant to the Regulatory Agreement not being paid as of the Effective Date.
Acceptance and Assumption by Assignee. As of the date hereof, Assignee hereby accepts and assumes all of Assignor’s obligations arising on and after the date hereof under the Assumed Liabilities.
Acceptance and Assumption by Assignee. Assignee (and if Assignee consists of more than one person or entity, each of them jointly and severally) hereby accepts the foregoing assignment of Tenant's right, title and interest in and to the Lease and assumes and agrees to make all future payments as they come due under the Lease and to perform and keep all covenants, agreements and obligations contained in the Lease to be made, kept and performed as the tenant thereunder. Assignee shall make no further assignment of the Lease or sublease of the Premises demised thereby, or any part thereof, without in each case first obtaining the written consent of Landlord.
Acceptance and Assumption by Assignee. Assignee hereby accepts such assignment and agrees to pay to Assignor $1,000 in consideration for the Shares.
Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment and assumes, from and after the date hereof, all of Assignor's liabilities and obligations existing as of the Liquidation Date.
