Common Contracts
1 similar Consent to Assignment and Assumption contracts
Agreement between Joint Applicants and Spring Island Property Owners AssociationConsent to Assignment and Assumption • September 4th, 2020
In connection with the sale by Assignor of its business to Assignee (the “Transaction”), the Consenting Party hereby consents to the assignment to Assignee of the certain Water and Sewer Facility Sales and Operating Agreement, dated as of July 20, 1990 by and among Assignor, the Consenting Party (by assignment from Spring Island Company, LP) and Callawassie Island Property Owners Association (by assignment from Callawassie Island Company, LP) (as amended, the “Agreement”), such assignment being effective upon the closing of the Transaction. The Consenting Party and Assignee further acknowledge that the Agreement shall continue following the closing of the Transaction in full force and effect in accordance with the terms and conditions thereunder.
