Assumption of Lease Obligations. Any proposed assignee of this Lease must assume and agree to be personally bound by the provisions of this Lease.
Assumption of Lease Obligations. Assignee assumes and agrees to perform and fulfill all the terms, covenants, conditions, and obligations required to be performed and fulfilled by Assignor as tenant under the Lease, including the making of all payments due to or payable on behalf of Landlord under the Lease as they become due and payable.
Assumption of Lease Obligations. Assignee hereby accepts the assignment set forth in Section 1 above, and further agrees to assume all of the obligations of Assignor under the Lease arising from and after the date hereof.
Assumption of Lease Obligations. At the Closing, Seller agrees to assign to Buyer, and Buyer agrees to assume from Seller, all obligations under the Kitchen Lease and Office Lease (together, the “Leases”) by way of lease assignment or rental agreement assignment, as applicable, which assignments have been approved by each landlord at no cost to Seller. Seller will pay and satisfy all financial and other obligations due under the Leases through the Closing Date. Thereafter, Buyer covenants and agrees that Buyer will perform, observe, and comply with all terms, covenants, and conditions to be performed, observed, or complied with by the tenant under the Leases.
Assumption of Lease Obligations. Farmee shall commence and conduct all operations contemplated by this Agreement in accordance with the provisions of the Lease. If any well drilled hereunder is plugged and abandoned, Farmee shall restore the surface of the land to substantially the same condition as before the commencement of operations thereon and to the satisfaction of the surface owner and/or tenant.
Assumption of Lease Obligations. Golden Aria agrees to assume and discharge all obligations set forth in the Nevada North Lease, including, but not limited to, payment of the following advanced minimum royalties to Nevada North Resources: Date of Payment Amount of Payment May 27, 2005 $6,250.00 May 27, 2006 $6,250.00 May 27, 2007 $10,000.00 May 27, 2008 $10,000.00
Assumption of Lease Obligations. Assignee assumes and agrees to perform and fulfill all the terms, covenants, conditions, and obligations required to be performed and fulfilled by Assignor as lessee under the Lease, including the making of all payments due to or payable on behalf of Lessor under the Lease as they become due and payable.
Assumption of Lease Obligations. Subtenant will assume and perform to Sublandlord the tenant's obligations under the Lease during the Sublease Term to the extent such obligations are applicable to the Subleased Premises. Subtenant will pay to Sublandlord Subtenant's Percentage Share of Operating Expenses and Taxes and any other sums payable by Sublandlord under the Lease not later than ten (10) days prior to the date any such amounts are due and payable by Sublandlord. Subtenant will not commit or suffer any act or omission that will violate any of the provisions of the Lease.
Assumption of Lease Obligations. Any proposed assignee of Tenant’s interest in this Lease must assume and agree to be personally bound by the provisions of this Lease that arise after the effective date of the assignment of Tenant’s interest.
Assumption of Lease Obligations. Apolo agrees to assume and discharge all obligations set forth in the underlying lease in accordance with their terms. Following termination of this Agreement for any reason, Apolo shall continue to make any lease payment required by the underlying lease agreements coming due within six months of written termination notice to Atna.
