Common use of Assignment by Assignee Clause in Contracts

Assignment by Assignee. Assignee shall have the right to assign to any subsequent holder of the Mortgage, or to any person acquiring title to the Property, Assignor's rights, title and interest in any Lease or sublease hereby or hereafter assigned, subject, however, to the provisions of this Assignment. After Assignor shall have been barred and foreclosed of all right, title and interest and equity of redemption in said Property, no assignee of Assignor's interest in said Leases shall be liable to account to Assignor for any rents, income, revenue, issues or profits thereafter accruing.

Assignment by Assignee. Assignee shall have the right to assign to any subsequent holder of the Contingent Mortgage, or to any person acquiring title to the Property, Assignor's rights, title and interest in any Lease or sublease lease hereby or hereafter assigned, subject, however, to the provisions of this Assignment. After Assignor shall have been barred and foreclosed of all right, title and interest and equity of redemption in said Property, no assignee of Assignor's interest in said Leases leases shall be liable to account to Assignor for any rents, income, revenue, issues or profits thereafter accruing.

Assignment by Assignee. Assignee shall have the right to assign to any subsequent holder of the Mortgage, or to any person acquiring title to the Property, Assignor's rights, title and interest in any Lease or sublease lease hereby or hereafter assigned, subject, however, to the provisions of this Assignment. After Assignor shall have been barred and foreclosed of all right, title and interest and equity of redemption in said Property, no assignee of Assignor's interest in said Leases leases shall be liable to account to Assignor for any rents, income, revenue, issues or profits thereafter accruing.