Common use of ASSUMPTION OF OBLIGATIONS BY ASSIGNEE Clause in Contracts

ASSUMPTION OF OBLIGATIONS BY ASSIGNEE. Assignee has and by these presents does hereby fully assume and agrees to perform and timely discharge from and after the Effective Date all liabilities, duties and obligations of the Assignor that are attributable to the ownership of the Assigned Rights, including, without limitation, all liabilities, duties and obligations of the Assignor that arise under the Registration

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Enron North America Corp), Assignment and Assumption Agreement (Se Thunderbird Lp)

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ASSUMPTION OF OBLIGATIONS BY ASSIGNEE. Assignee has and by these presents does hereby fully assume and agrees to perform and timely discharge from and after the Effective Date all liabilities, duties and obligations of the Assignor that are attributable to the ownership of the Assigned Rightsforegoing assigned rights, including, without limitation, all liabilities, duties and obligations of the Assignor that arise under the RegistrationRegistration Rights Agreement and the Securities Purchase Agreement. Assignee agrees to be bound by all of the terms of such agreements.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Enron North America Corp)

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ASSUMPTION OF OBLIGATIONS BY ASSIGNEE. Assignee has and by these presents does hereby fully assume and agrees to perform and timely discharge from and after the Effective Date all liabilities, duties and obligations of the Assignor that are attributable to the ownership of the Assigned Rights, including, without limitation, all liabilities, duties and obligations of the Assignor that arise under the RegistrationRegistration Right Agreement. Assignee agrees to be bound by all of the terms of the Registration Rights Agreement.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Enron North America Corp)

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