Assignment and Assumption of Agreement Sample Clauses

Assignment and Assumption of Agreement. Concurrently with any Change in Control event or a business combination that may impact the legal implications of this Agreement, the Company, TTEC Parent shall cause any successor or transferee to assume unconditionally, by written instrument delivered to Employee, all of the obligations of the Company and TTEC Parent hereunder. Failure of the Company or TTEC Parent to obtain such assumption prior to the effectiveness of any Change in Control event or other business combination, shall be a breach of this Agreement and shall constitute Good Reason entitling the Employee to resign, within thirty (30) calendar days of consummation of such Change of Control event or business combination, and receive compensation and benefits as provided in Paragraph 6(i).
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Assignment and Assumption of Agreement. Assignor hereby assigns to Assignee the Agreement and all sums paid or deposited into escrow by Assignor in connection with the Agreement, together with all rights and privileges thereunder, subject to the terms and conditions of the Agreement. Assignee hereby accepts the assignment and agrees to comply with and be bound by all the terms and conditions of the Agreement, and to assume and fulfill all of the obligations and liabilities of the “Purchaser” under the Agreement.
Assignment and Assumption of Agreement. This Assignment and Assumption of Agreement (“Assignment”) is made and entered into as of the day of , 20 by and between (“Assignor”), {and} {as successor in interest to} (“Assignee”).
Assignment and Assumption of Agreement. Subject to the terms and conditions herein, Buyer does hereby sell, assign, transfer and convey to Harvest all of the right, title and interest of Buyer in, to the Agreement, together with any other rights, privileges and benefits belonging to or held by Buyer thereunder, and Harvest hereby agrees to assume the Agreement and to pay, perform, and cause to be paid or performed, and otherwise to discharge or cause to be discharged, all debts, duties and other obligations of Buyer thereunder (collectively, the “Agreement Assignment”).
Assignment and Assumption of Agreement. This Agreement shall be binding upon the parties hereto and inure to the benefit of such parties, their respective heirs, representatives, successors and permitted assigns. This Agreement may not be assigned by the Employee nor may it be assigned by the Company without the Employee's consent.
Assignment and Assumption of Agreement. Pursuant to Section 15.18 of the Agreement, Assignor hereby assigns, transfers and conveys to Assignee all of Assignor’s right, title and interest in, and delegates to Assignee all of Assignor’s duties, undertakings, agreements, obligations and covenants under, the Agreement with respect to The Property, and Assignee hereby accepts such assignment, transfer and conveyance of the Agreement with respect to The Property, and hereby assumes and agrees to be bound by and to perform and observe all of the duties, undertakings, agreements, obligations and covenants under the Agreement with respect to The Property that are to be performed by Assignor thereunder in accordance with the terms of the Agreement. Assignor acknowledges that, in accordance with Section 15.18 of the Agreement, the foregoing assignments do no relieve Assignor from its liability under the Agreement.
Assignment and Assumption of Agreement. An agreement for the assignment and assumption (but not novation) of Buyer's rights and obligations under this Agreement to Fargo, in accordance with Section 15.4 hereof, in form and substance reasonably acceptable to counsel for Company and Shareholder.
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Assignment and Assumption of Agreement. Assignor hereby assigns, transfers and conveys to Assignee all of Assignor’s right, title, interest in, and delegates to Assignee all of Assignor’s duties, undertakings, agreements, obligations and covenants under, the Agreement, and Assignee hereby accepts such assignment, transfer and conveyance of the Agreement, and hereby assumes and agrees to be bound by and to perform and observe, on a joint and several basis with Assignor, all of the duties, undertakings, agreements, obligations and covenants under the Agreement that are to be performed by Assignor thereunder in accordance with the terms of the Agreement, including without limitation obligations that may arise due to conditions existing prior to the Effective Date; provided, however, that the foregoing assignment and assumption shall not relieve Assignor from any of its obligations under the Agreement.
Assignment and Assumption of Agreement. Babel, Millxx & Xlacxxxxx Xxxtnership has ASSIGNED, TRANSFERRED and SET OVER, and by these presents does ASSIGN, TRANSFER and SET OVER all of its right, title and interest, in and to the Agreement to Beauxxxx Xxxxxxxx Xxxxxx Xxxperties, L.L.C. and Neches Street Properties, L.L.C. and Beaumont 2 Frxxxxxx Xxxxxx Xxxperties, L.L.C. and Neches Street Properties, L.L.C. has ASSUMED the obligations of Seller as set forth in the Agreement and this Amendment.
Assignment and Assumption of Agreement. Buyer hereby assigns, conveys, and delegates all of its obligations and rights under the Agreement, including the Xxxxxxx Money, to Assignee. Assignee hereby accepts and assumes all of Buyer's obligations and rights under the Agreement. Seller hereby consents to the foregoing assignment and assumption. Except as expressly amended by this Amendment, the Agreement is hereby ratified and confirmed and shall take full force and effect. BUYER: HCV PACIFIC PARTNERS LLC, a California limited liability company By: /s/ XXXXXXX X. XXXXXX Print Name: Xxxxxxx X. Xxxxxx Its: President & CEO Date: 5/30/01 ASSIGNEE: PORT LUDLOW ASSOCIATES LLC, a Washington limited liability company By West Coast Northwest Pacific Partners LLC, a Washington limited liability company, its manager By: /s/ XXXXXXX X. XXXXXXX Print Name: Xxxxxxx X. XxXxxxx Its: V.P. Real Estate Date: 5/14/01 7 SELLER: XXXX RESOURCES L.P., a Delaware limited partnership, by XXXX MGP, Inc., a Delaware corporation, its managing general partner By: /s/ XXXXXXX X. XXXXXXX Print Name: Xxxxxxx X. XxXxxxx Its: V.P. Real Estate Date: 5/14/01 OLYMPIC PROPERTY GROUP LLC, a Washington limited liability company By: /s/ XXXXXXX X. XXXXXXX Print Name: Xxxxxxx X. XxXxxxx Its: C.O.O. Date: 5/14/01 OLYMPIC REAL ESTATE DEVELOPMENT LLC, a Washington limited liability company By: /s/ XXXXXXX X. XXXXXXX Print Name: Xxxxxxx X. XxXxxxx Its: C.O.O. Date: 5/14/01 OLYMPIC REAL ESTATE MANAGEMENT, INC., a Washington corporation By: /s/ XXX XXXXXXX Print Name: Xxx Xxxxxxx Its: Vice President Date: 5/14/01 OLYMPIC RESORTS LLC, a Washington limited liability company By: /s/ XXXXXXX X. XXXXXXX Print Name: Xxxxxxx X. XxXxxxx Its: C.O.O. Date: 5/14/01 8 EXHIBIT A LEGAL DESCRIPTION TIMBERTON VILLAGE PHASE III That portion of the southwest quarter of Section 17, Township 28 North, Range 1 East, X.X., in Xxxxxxxxx County, Washington, more particularly described as follows: COMMENCING at the south quarter corner of said Section 17; THENCE along the south line of said southwest quarter of Section 17, N 88°12'07" W, 637.48 feet to the TRUE POINT OF BEGINNING; THENCE continuing along said south line, N 88°12'07" W, 812.73 feet to a line parallel with the east line of said southwest quarter; THENCE along said parallel line, N 00°49'24" E, 771.12 feet; THENCE N 77°03'46" E, 139.89 feet to a line which lies 60.00 feet southerly from AND parallel with the southerly margin of Tract A of "Timberton Village Phase I", filed in Volume 7 of Plats, pages 16 thr...
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