ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • February 8th, 2011 • National Tax Credit Investors Ii • Real estate operators (no developers) & lessors
This Assignment and Assumption Agreement (the “Agreement”) is made as of February 1, 2011 (the “Effective Date”), by and between National Tax Credit Investors II, a California limited partnership (“NTCI II”), and National Tax Credit, Inc. II, a California corporation (“NTC, Inc. II” and together with NTCI II, collectively, “Assignors” and each, an “Assignor”); Munson Pineview Associates, a Texas general partnership (“Assignee”); and RCC Pineview Associates, L.P., a Delaware limited partnership (the “General Partner” and together with Assignors and Assignee, each a “Party“ and, as the context requires, any two or more, collectively, “Parties”), with reference to the following:
