Assignee Assumption Sample Clauses

Assignee Assumption. In the event of any assignment or sublease by Lessee hereunder, the permitted assignee or sublessee will by such assignment or sublease automatically assume all obligations, liabilities, covenants and agreements contained herein without further action or evidence of such assumption and the assignee or sublessee is subject to compliance with the additional requirements of the ADA and TABA. Lessee must give a copy of this Lease to all assignees and sublessees of this Lease. Lessee's failure to provide an assignee or sublessee with a copy of this Lease will constitute a default hereunder.
Sample 1
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Assignee Assumption. Any assignee shall have signed and delivered to Landlord a written assumption of the obligations of Tenant under this Lease in a form reasonably acceptable to Landlord;
Sample 1
Assignee Assumption. The Assignee expressly accepts and assumes and agrees to perform and be bound by all of the terms, covenants and conditions in the Ground Lease contained therein to be kept and performed by the tenant thereunder, from and after the date of this Agreement.
Sample 1
Assignee Assumption. Assignee accepts such assignment and assumes and agrees to be bound by all the covenants, agreements, terms, provisions, conditions, obligations and duties of Assignor as Subtenant under the Sublease commencing on the Effective Date.
Sample 1

Related to Assignee Assumption

  • Assignment and Assumption Consent Effective as of the First Amendment Effective Date, for agreed consideration, XXX hereby irrevocably sells and assigns to MBL, and MBL hereby irrevocably purchases and assumes all rights and obligations in its capacity as Lender under the LC Reimbursement Agreement and other Credit Documents, including, without limitation, all of MBL’s rights and obligations with respect to the Collateral and Intercreditor Agreement and the Security Documents (as defined in the Collateral and Intercreditor Agreement, and such Security Documents together with the Collateral and Intercreditor Agreement are referred to herein as the “Security Documents”) (the “Lender Assignment”). Effective as of the First Amendment Effective Date and in accordance with Section 7.9 of the LC Reimbursement Agreement, the Account Party hereby consents to the Lender Assignment. SECTION 2.

  • Assignment and Assumption The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee in the amount of $3,500; provided, however, that the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire.

  • Assignment and Assumption Agreement The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption Agreement, together with a processing and recordation fee of $3,500, and the assignee, if it is not a Lender, shall deliver to the Administrative Agent an administrative questionnaire provided by the Administrative Agent.

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