Common use of Acceptance and Assumption Clause in Contracts

Acceptance and Assumption. Assignee hereby accepts the foregoing assignment and further hereby assumes and agrees to perform, from and after January 1, 2002, all duties, obligations and responsibilities of the property manager arising under the Agreement.

Appears in 18 contracts

Samples: Assignment (CNL Income Fund Ix LTD), Assignment (CNL Income Fund Xvi LTD), Assignment (CNL Income Fund Xvii LTD)

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Acceptance and Assumption. Assignee hereby accepts the foregoing assignment and further hereby assumes and agrees to perform, from and after January July 1, 20022000, all duties, obligations and responsibilities of the property manager arising under the Agreement.

Appears in 16 contracts

Samples: Assignment (CNL Income Fund Iv LTD), Assignment (CNL Income Fund Iii LTD), Assignment (CNL Income Fund Vi LTD)

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Acceptance and Assumption. Assignee hereby accepts the foregoing assignment and further hereby assumes and agrees to perform, from and after January October 1, 20021995, all duties, obligations and responsibilities of the property manager arising under the Agreement.

Appears in 1 contract

Samples: Assignment (CNL Income Fund LTD)

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