Assignment of Ground Lease. Two originals of an assignment and assumption of the Ground Lease conveying Seller’s interest under the Ground Lease in the form of Exhibit B attached hereto (the “Assignment of Ground Lease”), duly executed by Seller.
Assignment of Ground Lease. Two originals of the Assignment of Ground Lease, duly executed by Purchaser;
Assignment of Ground Lease. Assignor does hereby assign, set over and transfer unto Assignee, without recourse, all of the rights of Assignor as tenant under the Ground Lease.
Assignment of Ground Lease. The Assignment of Ground Lease executed and acknowledged by Buyer.
Assignment of Ground Lease. The Assignment of Ground Lease.
Assignment of Ground Lease. The parties hereby recognize and agree that the Premises is currently subject to that certain , dated originally by and between Grantor and , a company, and assigned to Grantee, as amended and assigned from time to time (collectively, the “Lease”). It is the intention of the parties that the interest created by this Agreement, including the Lease, shall not merge into any other interest now or hereafter held by Grantee and such interests shall remain separate and distinct interests in the underlying real property. Grantor and Grantee each hereby acknowledges that there currently exists no default under the Lease and no conditions that, with the passage of time, would constitute defaults under the Lease. Grantor hereby assigns, transfers, sets over and delivers to Grantee, all of its rights, title and interests under the Lease arising or accruing on or after the date of this Agreement and Grantee hereby accepts, assumes and agrees to be bound by all the terms and conditions which are the responsibility of the landlord under the Lease. Grantor and Grantee each hereby release and forever discharge the other from all claims arising under the Lease on or before the date of this Agreement. Xxxxxxx hereby agrees to indemnify and agrees to hold Xxxxxxx harmless with respect to any demands, claims, actions, causes of action, assessments, expenses, costs, damages, losses, and liabilities (including reasonable attorneys’ fees and costs) under the Lease which relate to costs or actions first arising on or before the date of this Agreement. Xxxxxxx hereby agrees to indemnify and agrees to hold Grantor harmless with respect to any demands, claims, actions, causes of action, assessments, expenses, costs, damages, losses, and liabilities (including reasonable attorneys’ fees and costs) under the Lease which relate to costs or actions first arising after the date of this Agreement, unless caused by the acts or omission of Grantee.
Assignment of Ground Lease. This ASSIGNMENT OF GROUND LEASE (this “Assignment”) is hereby made as of this day of , 2012 (the “Assignment Date”), by and between FSP PHOENIX TOWER LIMITED PARTNERSHIP, a Texas limited partnership, with an address at x/x Xxxxxxxx Xxxxxx Properties Corp., 000 Xxxxxxxxx Xxxxx, Xxxxx 000, Xxxxxxxxx, Xxxxxxxxxxxxx 00000 (“Assignor”) and , a , with an address at (“Assignee”). WITNESS that Assignor, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, has BARGAINED, SOLD, TRANSFERRED and ASSIGNED, and by these presents does BARGAIN, SELL, TRANSFER and ASSIGN unto Assignee all of Assignor’s rights as lessee under that certain Ground Lease dated effective May 1, 1984 by and between Greenway Plaza, Ltd., predecessor in interest to Crescent Real Estate Funding III, L.P., as lessor, and Greenway Building Joint Venture, predecessor in interest to Assignor, as lessee, as amended by that certain First Amendment to Ground Lease dated as of June 1, 2004 relating to premises as set forth on Exhibit A attached hereto (as amended, the “Ground Lease”), which Ground Lease is evidenced by an Assignment of Lease recorded under Xxxxxx County Clerk’s No. K347663, as further assigned by instruments recorded under File Nos. R724673, R906155, V029750, and . The Assignee hereby assumes all of the burdens, terms, covenants, conditions and obligations of Assignor as lessee under the Ground Lease. Assignee further covenants and agrees to indemnify and hold harmless Assignor for, from and against any actions, suits, proceedings or claims, and all costs and expenses, including, without limitation, reasonable attorneys’ fees, incurred in connection therewith, based upon or arising out of any breach or alleged breach of the Ground Lease or out of any other facts connected with the Ground Lease, occurring or alleged to have occurred from and after the Assignment Date. Assignor covenants and agrees to indemnify and hold harmless Assignee for, from and against any actions, suits, proceedings or claims, and all costs and expenses, including, without limitation, reasonable attorneys’ fees, incurred in connection therewith, based upon or arising out of any breach or alleged breach of the Ground Lease or out of any other facts connected with the Ground Lease, occurring or alleged to have occurred before the Assignment Date. This Assignment shall inure to the benefit of and shall be binding upon the parties hereto and their respective successors and as...
Assignment of Ground Lease. An assignment and assumption of ground lease, in the form of EXHIBIT C attached hereto and incorporated herein by this reference (the "Assignment of Ground Lease") transferring all of Sellers right, title and interest in and to the Leasehold Estate.
Assignment of Ground Lease as defined in Section 7.2.
Assignment of Ground Lease. Notwithstanding agreements for use of the Center to be executed by the Lessee with community partners, Lessee, and its successors and assigns, shall not have the right to assign, sublease or transfer this Ground Lease, without the express written consent of Lessor signed by Xxxxxx’s legally designated representatives. Any assignment or subletting by Lessee pursuant to this Paragraph shall not release Lessee from its obligations under this Ground Lease unless Lessor, by written agreement: (i) accepts such assignment or sublease; and (ii) expressly releases Lessee from such obligations.
