Common use of Assumption of Obligations Clause in Contracts

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 69 contracts

Samples: Stock Option Agreement, Stock Option Agreement, Lease (Gsi Technology Inc)

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Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 3 contracts

Samples: Metacreations Corp, Metacreations Corp, Metacreations Corp

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, law shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 3 contracts

Samples: DCH Technology Inc, Intellisys Group Inc, DCH Technology Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's Lessors obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 2 contracts

Samples: Details Inc, Sonicport Com

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.. 15.4

Appears in 2 contracts

Samples: Fee Agreement (Orange National Bancorp), Mossimo Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in Interest In this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended Intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in Its Interest In any commission arising from this Lease and may enforce that right directly against Lessor and its Its successors.

Appears in 2 contracts

Samples: Amexdrug Corp, Amexdrug Corp

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 2 contracts

Samples: Lease Agreement (Starbase Corp), Objectshare Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, . shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and arid its successors.

Appears in 2 contracts

Samples: Futon World Inc, Futon World Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, Lease shall be deemed to have assumed Lessor's obligation under this Paragraph 15hereunder. Each Broker shall be an intended a third party beneficiary of the provisions of Paragraph 1.10 Paragraphs 1.10, 15, 22 and of this Paragraph 15 31. If Lessor fails to the extent of its interest in pay to a Broker any commission arising from amounts due as and for commissions pertaining to this Lease and may enforce that right directly against Lessor and its successorswhen due, then such amounts shall accrue Interest.

Appears in 2 contracts

Samples: North Valley Bancorp, Imaging Technologies Corp/Ca

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, Lease shall be deemed to have assumed Lessor's obligation under this Paragraph 15hereunder. Each Broker Brokers shall be an intended third party beneficiary beneficiaries of the provisions of Paragraph Paragraphs 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Eye Dynamics Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions provision of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: RVision, Inc.

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third thirty party beneficiary of the provisions of Paragraph 1.10 1.100 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Qad Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is transfers by agreement or by operation of law, law shall be deemed to have assumed Lessor's obligation under this Paragraph paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 1.14 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Ciphergen Biosystems Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended BS UBRWBSWS third party beneficiary beneficiaries of the provisions of Paragraph Paragraphs 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Telephone (Formfactor Inc)

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's Lessor s obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Seracare Life Sciences Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its o fits interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Canmax Inc /Wy/

Assumption of Obligations. Any buyer or transferee of Lessorlessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Intertrust Technologies Corp

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Ease Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 l.l0 and of this the Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Synbiotics Corp

Assumption of Obligations. Any buyer or transferee of Lessor's ------------------------- interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising Arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Critical Path Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Imagemax Inc

Assumption of Obligations. Any buyer or transferee of Lessor's Lessors interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Internet Golf Association Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, . whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 1,10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Lease Agreement (Quality Systems Inc)

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.*

Appears in 1 contract

Samples: Natural Alternatives International Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest Interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's Lessors obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Rockford Corp

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Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph Paragraphs 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Formfactor Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.:

Appears in 1 contract

Samples: Myo Diagnostics Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor lessor and its successors.

Appears in 1 contract

Samples: Dynatem Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, law shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successorssuccexxxxx.

Appears in 1 contract

Samples: Empyrean Bioscience Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest Interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this the Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Launch Media Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest Interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Willis Lease Finance Corp

Assumption of Obligations. Any buyer or transferee of Lessor's Lessees interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 1514. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Embedded Support Tools Corp

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and any may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Formfactor Inc

Assumption of Obligations. Any buyer or transferee transfer of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.. 15.4

Appears in 1 contract

Samples: Mossimo Inc

Assumption of Obligations. Any buyer or transferee of Lessor's ------------------------- interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Improvement Agreement (Spectrian Corp /Ca/)

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed Lessorlessor's obligation under this Paragraph 15. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Liuski International Inc /De

Assumption of Obligations. Any buyer or transferee of Lessor's interest Interest in this Lease, whether such transfer is by agreement or by operation of law, ; shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Lmi Aerospace Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, Lease shall be deemed to have assumed Lessor's obligation under this Paragraph 15hereunder. Each Broker Brokers shall be an intended third party beneficiary beneficiaries of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.Paragraphs 1.9, 15. 22

Appears in 1 contract

Samples: Trimedyne Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in this Lease, whether such transfer is by agreement or by operation of law, shall be deemed to have assumed all Lessor's obligation obligations under this Paragraph 15Lease. Each Broker shall be an intended third party beneficiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission arising from this Lease and may enforce that right directly against Lessor and its successors.

Appears in 1 contract

Samples: Rockshox Inc

Assumption of Obligations. Any buyer or transferee of Lessor's interest in Lessor s Interest In this Lease, whether such transfer is Is by agreement or by operation of law, shall be deemed to have assumed Lessor's obligation under this Paragraph 15. Each Broker shall be an intended Intended third party beneficiary benificiary of the provisions of Paragraph 1.10 and of this Paragraph 15 to the extent of its interest in any commission commisslon arising from this Lease and may enforce that right directly against agalnst Lessor and its Its successors.

Appears in 1 contract

Samples: Oryx Technology Corp

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