Common use of Assumption of Lease Obligations Clause in Contracts

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.

Appears in 3 contracts

Samples: Assignment of Lease, Assignment of Lease, Assignment of Lease (Network Holdings International Inc)

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Assumption of Lease Obligations. As of the Effective Date, Assignee assumes and agrees to perform and fulfill all the past, present and future terms, covenants, conditions, conditions and obligations required to be performed and fulfilled by Assignor Assignor, as tenant Tenant, under the Lease, including the including, without limitation, making of all payments due to or payable on behalf of Landlord Assignor under the Lease as they become due and payableLease.

Appears in 1 contract

Samples: Assignment and Assumption of Agreement (Biomarin Pharmaceutical Inc)

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 Tenant under the LeaseLease with respect to the Assigned Portion of the Premises, including the making of all payments due to or payable on behalf of Landlord under Tenant with respect to the Lease Assigned Portion of the Premises as they become due and payable.

Appears in 1 contract

Samples: Assignment of Lease (Oni Systems Corp)

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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 lessee under the LeaseLease accruing or arising on or after the date of this Assignment, including the making of all payments due to or payable on behalf of Landlord Lessor under the Lease as they become due and payable.

Appears in 1 contract

Samples: Assignment of Lease (Navarre Corp /Mn/)

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