Common use of Assignment of Warranties Clause in Contracts

Assignment of Warranties. Assignor hereby assigns, sets over and transfers to Assignee all of Assignor’s right, title and interest in, to and under any and all guaranties and warranties in effect with respect to all or any portion of the Property as of the date hereof, if and only to the extent the same may be assigned or quitclaimed by Assignor without expense to Assignor. Assignee hereby accepts the foregoing assignment of guaranties and warranties.

Appears in 7 contracts

Samples: Purchase and Sale Agreement (Synalloy Corp), Purchase and Sale Agreement (ARC Group, Inc.), Purchase and Sale Agreement (Synalloy Corp)

AutoNDA by SimpleDocs

Assignment of Warranties. Assignor hereby assigns, sets over and transfers to Assignee all of Assignor’s right, title and interest in, to and under any and all guaranties and warranties in effect with respect to all or any portion of the Property Properties as of the date hereof, if and only to the extent the same may be assigned or quitclaimed by Assignor without expense to Assignor. Assignee hereby accepts the foregoing assignment of guaranties and warrantieswarranties and agrees to cooperate to allow the respective tenants of the Properties to enforce same.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Diversified Restaurant Holdings, Inc.)

Assignment of Warranties. Assignor hereby assigns, sets over and transfers to Assignee all of Assignor’s right, title and interest in, to and under any and all guaranties and warranties in effect with respect to all or any portion of the Property as of the date hereof, if and only to the extent the same may be assigned or quitclaimed by Assignor without expense to Assignor. Assignee hereby accepts the foregoing assignment of guaranties and warranties.. ​

Appears in 1 contract

Samples: Purchase and Sale Agreement (Orion Group Holdings Inc)

AutoNDA by SimpleDocs

Assignment of Warranties. Assignor hereby assigns, sets over and transfers to Assignee all of Assignor’s right, title and interest in, to and under any and all guaranties and warranties in effect with respect to all or any portion of the Property as of the date hereof, if and only to the extent the same may be assigned or quitclaimed by Assignor without expense to Assignor. Assignee hereby accepts the foregoing assignment of guaranties and warranties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (First Capital Real Estate Trust Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!