Common use of Assignment of Obligations Clause in Contracts

Assignment of Obligations. Assignor hereby assigns, transfers and delivers to Assignee all of Assignor's obligations (and related rights) under the Note (the "Assigned Obligations"); provided, however, Assignor shall hold harmless Assignee from any and all liability for accrued but unpaid interest on the Note as of the date hereof (the "Retained Liability").

Assignment of Obligations. Assignor hereby assigns, transfers transfers, delegates and delivers to Assignee all of Assignor's obligations (and related rights) under the Note (the "Assigned Obligations"); provided, however, Assignor shall hold harmless Assignee from any and all liability for accrued but unpaid interest on the Note as of the date hereof (the "Retained Liability").