Common use of Assumption By Clause in Contracts

Assumption By. The Assignee hereby accepts the Assignment of the Agreement from the Assignor all as further described in this Assignment Agreement and hereby agrees to and shall assume, be bound by, observe and perform, at all times, from and after the Effective Date, all of the terms and conditions to be observed and performed by the Assignor under the Agreement, to the same extent as if the Assignee had been originally named as a party under the Agreement.

Appears in 7 contracts

Samples: Assignment Agreement, Assignment Agreement, Assignment Agreement

AutoNDA by SimpleDocs

Assumption By. The Assignee hereby accepts the Assignment of the this Agreement from the Assignor all as further described in this Assignment Agreement and hereby agrees to and shall assume, be bound by, observe and perform, at all times, from and after the Effective Date, all of the terms and conditions to be observed and performed by the Assignor under the Agreement, to the same extent as if the Assignee had been originally named as a party under the Agreement.

Appears in 5 contracts

Samples: Assignment and Novation Agreement, Assignment and Novation Agreement, Assignment and Novation Agreement

AutoNDA by SimpleDocs

Assumption By. The Assignee hereby accepts the Assignment of the Agreement from the Assignor all as further described in this Assignment and Amending Agreement and hereby agrees to and shall assume, be bound by, observe and perform, at all times, from and after the Effective Date, all of the terms and conditions to be observed and performed by the Assignor under the Agreement, to the same extent as if the Assignee had been originally named as a party under the Agreement.

Appears in 1 contract

Samples: Assigning and Amending Agreement

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