Assumption and Release. Each permitted assignee of this Agreement shall agree in writing to personally assume, perform and be bound by all of the terms, covenants, conditions and agreements contained in this Agreement, and thereupon the assignor of this Agreement shall be relieved of all obligations hereunder except those which shall have accrued prior to the effectiveness of such assignment.
Appears in 3 contracts
Samples: Master Contribution Agreement (Sun Communities Inc), Property Management Agreement (Sun Communities Inc), Property Management Agreement (Sun Communities Inc)
Assumption and Release. Each permitted assignee of this Agreement ----------------------- shall agree in writing to personally assume, perform and be bound by all of the terms, covenants, conditions and agreements contained in this Agreement, and thereupon the assignor of this Agreement shall be relieved of all obligations hereunder except those which shall have accrued prior to the effectiveness of such assignment.
Appears in 2 contracts
Samples: Property Management and Leasing Agreement (Meadows Preservation Inc), Property Management and Leasing Agreement (Meadows Preservation Inc)
Assumption and Release. Each permitted assignee of this Agreement shall agree in writing to personally assume, perform perform, and be bound by all of the terms, covenants, conditions conditions, and agreements contained in this Agreement, and thereupon the assignor of this Agreement shall be relieved of all obligations hereunder under this Agreement except those which shall have accrued prior to before the effectiveness of such assignment.
Appears in 1 contract
Samples: Contribution and Exchange Agreement (Cali Realty Corp /New/)
Assumption and Release. Each permitted assignee of this Agreement shall agree in writing to personally assume, perform perform, and be bound by all of the terms, covenants, conditions and agreements contained in this Agreement, and thereupon the assignor of this Agreement shall be relieved of all obligations hereunder under this Agreement except those which shall have accrued prior to before the effectiveness of such assignment.
Appears in 1 contract
Samples: Property Management Agreement (Country Maid Financial Inc)
