ASSUMPTION OF THE LEASE BY PURCHASER. The Purchaser hereby assumes all the right, title and interest, duties and obligations of the Seller under the Lease, and agrees to pay or perform all such duties and obligations.
Appears in 5 contracts
Samples: Assignment and Assumption Agreement (American Income Partners Iii-a Limited Partnership), Assignment and Assumption Agreement and Bill of Sale (American Income Partners Iii-C Limited Partnership), Assignment and Assumption Agreement (American Income Partners Iii-B Limited Partnership)
ASSUMPTION OF THE LEASE BY PURCHASER. The Purchaser hereby assumes all the right, title and interest, duties and obligations interest of the Seller under the Lease, and agrees to pay or perform all such duties and obligations.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (American Finance Group Inc /De/), Assignment of Lease and Sale of Equipment (PLM International Inc)