Common use of Right to Assign Clause in Contracts

Right to Assign. The Agent may assign some or all of its rights or obligations under this Agreement, provided that the Agent remains principally responsible hereunder, and the Owner is given notice of such assignment. The Owner may assign its rights and obligations under this Agreement to any successor in title to the Property, and upon any such assignment, the Owner shall be relived of all liability accruing after the effective date of such assignment.

Appears in 14 contracts

Samples: Property Management Agreement (Krupp Realty LTD Partnership V), Property Management Agreement (Berkshire Income Realty Inc), Property Management Agreement (Krupp Realty Fund LTD Iii)

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Right to Assign. The Agent may assign some or all of its rights or obligations under this Agreement, Agreement provided that the Agent remains principally responsible hereunder, and the Owner is given notice of such assignment. The Owner may assign its rights and obligations under this Agreement to any successor in title to the Property, and upon any such assignment, the Owner shall be relived relieved of all liability accruing after the effective date of such assignment.

Appears in 4 contracts

Samples: Property Management Agreement (Krupp Cash Plus Ii LTD Partnership), Property Management Agreement (Krupp Cash Plus Ii LTD Partnership), Property Management Agreement (Krupp Cash Plus Ii LTD Partnership)

Right to Assign. The Agent may assign some or all of its rights or obligations under this Agreement, Agreement provided that the Agent remains principally responsible hereunder, and the Owner is given notice of such assignment. The Owner may assign its rights and obligations under this Agreement to any successor in title to the Property, and upon any such assignment, the Owner shall be relived relieved of all liability accruing after the effective date of such assignment.

Appears in 3 contracts

Samples: Property Management Agreement (Krupp Cash Plus LTD Partnership), Property Management Agreement (Krupp Cash Plus LTD Partnership), Property Management Agreement (Krupp Cash Plus LTD Partnership)

Right to Assign. The Agent may assign some or all of its rights or obligations under this Agreement, provided that the Agent remains principally responsible hereunder, and the Owner is given notice of such assignment. The Owner may assign its rights and obligations under this Agreement to any successor in title to the Property, and Xxxxxxxxxx Xxxx upon any such assignment, the Owner shall be relived relieved of all liability accruing after the effective date of such assignment.

Appears in 1 contract

Samples: Property Management Agreement (Krupp Cash Plus Ii LTD Partnership)

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Right to Assign. The Agent may assign some or all of its rights or obligations under this Agreement, provided that the Agent remains principally responsible hereunder, and the Owner is given notice of such assignment. The Owner may assign its rights and obligations under this Agreement to any successor in title to the Property, and upon any such assignment, the Owner shall be relived relieved of all liability accruing after the effective date of such assignment.

Appears in 1 contract

Samples: Property Management Agreement (Krupp Cash Plus Ii LTD Partnership)

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