Assignment and Assumption of Service Contracts. Two (2) counterparts of the Assignment and Assumption of Service Contracts, executed and acknowledged by Purchaser;
Assignment and Assumption of Service Contracts. Two (2) counterparts of an assignment and assumption of Service Contracts in the form attached hereto as Schedule 3 (the "Assignment and Assumption of Service Contracts"), executed, acknowledged and sealed by Seller;
Assignment and Assumption of Service Contracts. (a) Seller hereby sells, assigns, transfers and conveys to Purchaser all of Seller's right, title and interest in, to and under those service, supply, equipment rental and similar agreements set forth on Exhibit C, attached hereto and made part hereof by this reference (the “Service Contracts”).
(b) Purchaser hereby assumes all of the covenants, agreements, conditions and other terms and provisions stated in the Service Contracts which, under the terms of the Service Contracts, are to be performed, observed, and complied with by the property owner from and after the date of this Agreement. Purchaser acknowledges that Purchaser shall become solely responsible and liable under the Service Contracts for obligations arising or accruing from and after the date hereof, including with respect to any and all payments coming due under the Service Contracts for which Purchaser has received a credit or payment on the closing statement executed by Purchaser and Seller (the “Credited Payments”).
(c) Seller shall indemnify, hold harmless and defend Purchaser from and against any and all claims, demands, causes of action, liabilities, losses, costs, damages and expenses (including reasonable attorneys' fees and expenses and court costs incurred in defending any such claim or in enforcing this indemnity) that may be incurred by Purchaser by reason of the assertion by any other contract party under any of the Service Contracts that Seller has failed to perform, observe and comply with its obligations under any of the Service Contracts during the period before the date hereof, other than with respect to the Credited Payments (to the extent paid or assigned to Purchaser or for which Purchaser has received a credit or payment at Closing).
(d) Purchaser shall indemnify, hold harmless and defend Seller from and against any and all claims, demands, causes of action, liabilities, losses, costs, damages and expenses (including reasonable attorneys' fees and expenses and court costs incurred in defending any such claim or in enforcing this indemnity) that may be incurred by Seller by reason of the failure of Purchaser to perform, observe and comply with its obligations under any of the Service Contracts arising or accruing during the period from and after the date hereof, including without limitation, claims made by any other contract party with respect to the Credited Payments, whether arising before, on or after the date hereof (to the extent paid or assigned to Purchaser or for ...
Assignment and Assumption of Service Contracts at Buyer's election, an assignment by Seller, without warranty of title, whereby Seller shall assign and Buyer shall assume, the Service Contracts, substantially in the form attached hereto as EXHIBIT 7.1.4 (the "Assignment of Service Contracts").
Assignment and Assumption of Service Contracts. An Assignment and ---------------------------------------------- Assumption of Service Contracts in the form and substance of Exhibit "EE" hereto.
Assignment and Assumption of Service Contracts. THIS ASSIGNMENT AND ASSUMPTION OF SERVICE CONTRACTS (this “Assignment”) is made and entered into as of the ___ day of ___________________, 20__, by and between RT 90 XXXXXX, LLC, a Delaware limited liability company (“Assignor”) and (“Assignee”).
Assignment and Assumption of Service Contracts. THIS ASSIGNMENT AND ASSUMPTION OF CONTRACTS (“Assignment”) is made and entered into as of the day of , 2005, by and between FUND VII AND FUND VIII ASSOCIATES, a Georgia joint venture (“Assignor”) and , a (“Assignee”).
Assignment and Assumption of Service Contracts. THIS ASSIGNMENT AND ASSUMPTION OF SERVICE CONTRACTS (this "Assignment") is entered into as of the ______________ day of __________, 1999, by and between First Capital Institutional Real Estate Ltd., - 4, an Illinois limited partnership ("Assignor"), with an office at Xxx Xxxxx Xxxxxxxxx Xxxxx, Xxxxx 000, Xxxxxxx, Xxxxxxxx 00000, and _______________________, a ________________ ("Assignee"), with an office at ______________________________________________
Assignment and Assumption of Service Contracts. FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, JY-TV ASSOCIATES, LLC, a Florida limited liability company, Assignor, hereby assigns and transfers to MURANO 240, LLC, a Delaware limited liability company, Assignee, all of its right, title and interest in and to the following contracts: See Exhibit "B" attached hereto and made a part hereof (excepting any “master agreements" relating also to other properties of Seller or its affiliates and any agreements listed on Exhibit "B" as agreements to be terminated by Assignor at Closing) (collectively, the "Service Contracts") which Service Contracts are for services pertaining to the operation and maintenance of the apartment project commonly known as Murano at Grande Lakes Apartments, situated on the property described as follows: See Exhibit "A" attached hereto and made a part hereof. Assignee hereby assumes. and agrees to be bound by all of the obligations, undertakings, duties and liabilities as owners and managers of the above-described buildings and property under the above-described Service Contracts arising on or after the date hereof. Assignor hereby agrees to indemnify and hold harmless Assignee from and against any claims made against Assignee under the Service Contracts for any sums due thereunder for the period prior to the date hereof. Assignee hereby agrees to indemnify and hold harmless Assignor from and against any claims made against Assignor under the Service Contracts for any sums due thereunder for the period from and after the date hereof. Dated: February 20, 2018. ASSIGNOR: JY-TV ASSOCIATES, LLC, a Florida limited liability company By: COURTELIS PROMENADE ASSOCIATES, LLC, its manager By: NEWCASTER DEVCORP., INC., its managing member By: /s/ Name: Exxxx Xxxxxxxxxx Title: Executive Vice President ASSIGNEE: MURANO 240, LLC, a Delaware limited liability company By: Cardone Equity Fund, LLC, a Delaware limited liability company Its: Managing Member By: Cardone Capital, LLC, A Delaware limited liability company Its: Manager By: /s/ Name: Gxxxx Xxxxxxx Title: Manager
Assignment and Assumption of Service Contracts. In addition to the sublease of the Leased Premises, Sublandlord shall assign to Subtenant all of Sublandlord’s right, title, and interest in and to Service Contracts associated with the Leased Premises pursuant to the terms and conditions of that certain Assignment and Assumption of Service Contracts of even date herewith, a copy of which is attached hereto as Exhibit F. A true and accurate copy of each and every Service Contract is attached to the Assignment and Assumption of Service Contracts, and the same are incorporated herein by this reference. However, Subtenant and Sublandlord agree that to the extent that Subtenant is in default under this Sublease beyond all applicable cure periods, that the Service Contracts shall be immediately assigned, transferred and conveyed from Subtenant to Sublandlord and Subtenant agrees that Subtenant shall provide written notice to all parties to the Service Contracts that Sublandord is the party to whom all payments shall be made under the various Service Cxxxxxxxx.
