Common use of Partial Assignment Clause in Contracts

Partial Assignment. If any proposed assignment is for less than all of Developer’s rights and responsibilities, then the assignee shall be responsible for the performance of each of the obligations contained in this Agreement to which the assignee succeeds. Upon any such approved partial assignment, Developer shall be released from any future obligations as to those obligations which are assigned but shall remain responsible for the performance of any obligations that were not assigned.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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Partial Assignment. If any proposed assignment is for less than all of Developer’s rights and responsibilitiesDeveloper , then the assignee shall be responsible for the performance of each of the obligations contained in this Agreement to which the assignee succeeds. Upon any such approved partial assignment, Developer shall be released from any future obligations as to those obligations which are assigned but shall remain responsible for the performance of any obligations that were not assigned.

Appears in 1 contract

Samples: Development Agreement

Partial Assignment. If any proposed assignment is for less than all of Developer’s rights and responsibilities, responsibilities then the assignee shall be responsible for the performance of each of the obligations contained in this Agreement to which the assignee succeeds. Upon any such approved partial assignment, assignment Developer shall not be released from any future obligations as to those obligations which are assigned but shall remain responsible for the performance of any obligations that were not assignedherein.

Appears in 1 contract

Samples: Development Agreement

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Partial Assignment. If any proposed assignment is for less than all of Developer’s rights and responsibilities, then the assignee shall be responsible for the performance of each of the obligations contained in this Agreement DA to which the assignee succeeds. Upon any such approved partial assignment, Developer shall be released from any future obligations as to those obligations which that are assigned but shall remain responsible for the performance of any obligations that were not assigned.

Appears in 1 contract

Samples: Development Agreement

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