ASSIGNMENT OF USE AGREEMENTAssignment of Use Agreement • December 3rd, 2021
THIS ASSIGNMENT OF USE AGREEMENT (“Assignment”) is entered into effective the ________ day of ______________________, 20______ (the “Effective Date"), by and between the BOARD OF REGENTS OF THE TEXAS A&M UNIVERSITY SYSTEM (“A&M SYSTEM”), an agency of the State of Texas, for the use and benefit of Texas A&M University – Corpus Christi, and ____________________________________ (“Current Tenant”) and _____________________________________ (“New Tenant”) relating to (i) the assignment by Current Tenant to New Tenant of Current Tenant’s rights under the Use Agreement dated _______________________, 20______ (“Agreement”) between A&M SYSTEM and Current Tenant governing the use of Suite __________ (the “Premises”) in the Building located at 10201 South Padre Island Drive, Corpus Christi, Nueces County, Texas (the “Building”), and (ii) A&M SYSTEM’s consent to the assignment. All defined terms utilized in this Assignment and not otherwise defined will have the meanings set forth in the Agreement.
