Examples of Assignor in a sentence
The Assignor and Assignee shall consummate the purchase and sale of the Assigned Interest (the “Closing”) on the date of execution of this Agreement (the “Closing Date”) upon (a) execution and delivery of this Agreement and any such documents and instruments as may be legally necessary or otherwise reasonably required to effect the transfer of the Assigned Interests and (b) payment of the Purchase Price as set forth in Section 2 of this Agreement.
The Assignee shall pay the Assignor, the Purchase Price immediately upon the execution of this Agreement by the issuing to the Assignor a promissory note in the form of Exhibit A attached hereto in the principal amount equal to the Purchase Price (the “Promissory Note”).
The Assignor hereby represents, warrants and covenants to the Assignee that each of the following is true and accurate as of the date hereof, which representations, warranties and covenants shall survive the execution and delivery of this Agreement.
The Assignor has all right, power, legal capacity and authority to execute and deliver this Agreement and to perform hereunder and under each other agreement that such Party may execute and deliver in connection herewith.
The transfer of the Property from the Developer and/or Proprietor (as the case may be) shall be prepared and procured by the Purchaser at the Purchaser’s own costs (including costs of transfer from the Developer and/or Proprietor to the Assignor where necessary) and expenses who undertakes to pay such sums and comply with the conditions (if any) imposed by the Developer and/or Proprietor and/or State Authorities and/or relevant bodies pertaining to the registration of such transfer of the Property.