Consent to Assignment and Assumption. Holder, for itself, its successors and assigns, hereby consents to the assignment of the Note by Assignor to Assignee and the assumption by Assignee of all obligations of Assignor to pay principal and accrued interest and other sums which may become due and owing to Holder under the Note. By this consent, Holder releases and forever discharges Assignor from any further obligation or liability whatsoever under the Note and agrees to look solely and exclusively to Assignee for the payment of all sums due or which may become due to Holder thereunder.
Consent to Assignment and Assumption. Pursuant to Section 9.5 of the Credit Agreement, the undersigned, as the Borrower and the Agent under the Credit Agreement, hereby consent to the Assignment and Assumption referred to above and the other agreements and provisions set forth above (the “Consent”). The undersigned further agree to execute and deliver such documents and take such other action as Assignor or Assignee may reasonably request from time to time to further evidence the foregoing Assignment and Assumption and other agreements and provisions. Further, as a material inducement to Assignor to transfer, and to Assignee to acquire, such right, title and interest in the Loans and other extensions of credit, as provided in the above Assignment and Assumption and as evidenced by the Credit Agreement and the other Credit Documents referred to therein (all such documents being collectively referred to herein as the “Transaction Documents”), the Borrower represents and warrants to Assignor and Assignee that there is no Event of Default then in effect and the Termination Date has not occurred. Capitalized terms used and not defined in this Consent have the meanings given to such terms in the Assignment and Assumption above or in the Credit Agreement, as the case may be. This Consent shall be governed by the same law that governs the Credit Agreement. This Consent may be validly executed and delivered by fax or other electronic transmission and in multiple counterparts by different parties hereto. TORTOISE GAS AND OIL CORPORATION the Borrower By: Name: Title: [NAME OF AGENT], as Agent By: Name: Title:
Consent to Assignment and Assumption. Pursuant to Section 9.02 of the Share Purchase Agreement, Fairfax hereby waives Section 9.06 of the Share Purchase Agreement, and Fairfax hereby consents to the Assignment and Assumption. This Agreement shall not constitute an assignment of any claim, contract, permit, franchise, or license if the attempted assignment thereof, without the consent of the other party thereto, would constitute a breach of such claim, contract, permit, franchise, or license or in any way adversely affect the rights thereunder. If such consent is not obtained, or if any attempted assignment thereof would be ineffective or would adversely affect the rights of Tower thereunder so that Catalina would not in fact receive all such rights, then Catalina may act as the attorney-in-fact of Tower in order to obtain for Catalina the benefits thereunder.
Consent to Assignment and Assumption. Company hereby consents to the Assignment and Assumption of the Note as specifically set forth above.
Consent to Assignment and Assumption. SANDAG hereby consents to and approves the assumption of this Agreement by Assignee pursuant to the terms and conditions of Paragraph 11(A), above.
Consent to Assignment and Assumption. The CITY OF XXXXX, a municipal corporation (the “City”), hereby consents to the Assignment and Assumption Agreement (Development Agreement) by and between , a , as Assignor, and , a , as Assignee (the “Assignment”), to which this Consent to Assignment and Assumption is attached, and releases Assignor from obligations under the DA (as defined in the Assignment) relating to the period from and after the effective date of the Assignment. CITY: CITY OF XXXXX, a municipal corporation Development Services Director Date: APPROVED AS TO FORM: City of Xxxxx City Attorney’s Office City Attorney Date: Attested: Name: Secretary Approved as to form: By: Name: Title: STATE OF CALIFORNIA ) ) ss. COUNTY OF ) On , , before me, , Notary Public, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.
Consent to Assignment and Assumption. The Company hereby irrevocably consents to the assignment and assumption of the Assigned Interests pursuant to Section 1.1 this Agreement.
Consent to Assignment and Assumption. The Executive agrees and consents that as of the Effective Time all of the rights and obligations of iXL under the Employment Agreement will be assigned to and assumed by Holdco and, with respect to the period from and after the Effective Time, all references in the Employment Agreement to "iXL" or "the Company" shall be deemed to be references to Holdco; provided that any obligations of iXL under the Employment Agreement which have been fulfilled prior to the Effective Time (such as compensation paid, options and stock issued and benefits and reimbursements provided to the Executive) shall be deemed satisfied and shall not require duplication by Holdco.
Consent to Assignment and Assumption. Lessor hereby consents to the assignment and assumption by Assignee of all of Assignor's rights, titles, interests and obligations under the Lease. This consent releases Xxxxxxx X. Xxxxxxxxx, Xxxxxx Xxxxxxxxx, Xxxxx X. Xxxxxx and Xxxxxxx X. Xxxxxx from all personal obligations under the Lease. This consent shall not constitute consent to any further assignment or assumption. Lessor hereby represents to Assignee that Assignor is not presently in default in the payment of rental amounts due under the Lease, and that to the best of Lessor's knowledge and belief, Assignor is not otherwise in default under the Lease.
Consent to Assignment and Assumption. Pursuant to Article XV of the MGBG License and Development Agreement and Article 5.2 of the Option Agreement, Sterling hereby consents to the assignment by CTRC to Biovensa, and the corresponding assumption by Biovensa of all of CTRC's rights, obligations and commitments, including but not limited to all rights of CTRC to receive compensation and royalties and reimbursement for expenses, arising under the MGBG License and Development Agreement, and relating to the compound Crisnatol arising under the Option Agreement. Biovensa agrees that effective as of the date hereof it will perform all obligations of CTRC under the MGBG License and Development Agreement and with respect to the compound Crisnatol under the Option Agreement, and Sterling agrees that effective as of the date hereof it will make all payments and reimbursements thereunder directly to Biovensa.
