Common use of Effect of Approved Assignment Clause in Contracts

Effect of Approved Assignment. In the event of any such approved assignment, the assignee shall be and become (i) the grantee of Seller's Grant Deed; (ii) the insured owner under the Title Policy; and (iii) the person(s) having the right or obligation to (a) deliver statements, (b) deliver documents, (c) give approvals, (d) waive conditions, or (e) make demands, all as may be permitted or required by this Agreement and not then already accomplished by Buyer or another approved assignee.

Appears in 4 contracts

Samples: Purchase Agreement and Escrow Instructions, Purchase and Sale Agreement and Escrow Instructions, Purchase Agreement and Escrow Instructions (S&W Seed Co)

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