Common use of Assignment and Assumption of Service Agreements Clause in Contracts

Assignment and Assumption of Service Agreements. An assignment and assumption agreement (the “Assignment and Assumption of Service Agreements”) assigning to Contributee the Service Agreements which Contributee has agreed to assume pursuant to Section 7 of this Agreement, including any contract for improvements and repairs at the Property entered into by Contributor for the benefit of Contributee pursuant to Section 11(a) hereof.

Appears in 2 contracts

Samples: Contribution Agreement (Aimco Properties Lp), Contribution Agreement (Aimco Properties Lp)

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Assignment and Assumption of Service Agreements. An assignment and assumption agreement (the “Assignment and Assumption of Service Agreements”"ASSIGNMENT AND ASSUMPTION OF SERVICE AGREEMENTS") assigning to Contributee Buyer the Service Agreements which Contributee Buyer has agreed to assume pursuant to Section 7 of this Agreement, including any contract for improvements and repairs at the Property entered into by Contributor Seller for the benefit of Contributee Buyer pursuant to Section 11(a) hereof.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (National Housing Partnership Realty Fund Two)

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Assignment and Assumption of Service Agreements. An assignment and assumption agreement (the "Assignment and Assumption of Service Agreements") assigning to Contributee Buyer the Service Agreements which Contributee Buyer has agreed to assume pursuant to Section 7 of this Agreement, including any contract for improvements and repairs at the Property entered into by Contributor Seller for the benefit of Contributee Buyer pursuant to Section 11(a) hereof.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (National Housing Partnership Realty Fund I)

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