Examples of Assignment and Assumption of Lease Agreement in a sentence
With respect to each Cooperative Loan, each Acceptance of Assignment and Assumption of Lease Agreement contains enforceable provisions such as to render the rights and remedies of the holder thereof adequate for the realization of the benefits of the security provided thereby.
At the Closing, Seller shall deliver to Buyer an Assignment and Assumption of Lease Agreement for each Lease, as well as all security deposits and advanced payments related the Leases.
Subject to the terms and conditions contained in this Consent and Amendment, Landlord hereby consents to the assignment of the Lease and the SNDA to Assignee pursuant to that certain Assignment and Assumption of Lease Agreement dated August 18, 2014 between Assignor and Assignee, the exact form of which is attached hereto as Exhibit A (the “Assignment”).
The Lease was assigned to Assignor by Original Lessee pursuant to that certain Assignment and Assumption of Lease Agreement (With Consent) dated as of May 9, 2002.
Assignor now desires to assign to Assignee, and Assignee desires to accept the assignment of, any right, title or interest Assignor has in and to the Leased Property as lessee under the Lease, and Assignor and Assignee desire Lessor to, among other things, consent to such assignment and to make certain other agreements and statements, all pursuant to the terms and conditions of this Assignment and Assumption of Lease Agreement (this "Agreement").