Examples of Assignor in a sentence
Assignor hereby assigns, conveys, transfers, and sets over unto Assignee, effective as of the Effective Date, all of Assignor’s right, titles, and interests in, to, and under the Reimbursement Agreement, including, without limitation, all sums, monies, or funds deposited with the City under the Reimbursement Agreement, for the benefit and in favor of Assignee.
Assignee hereby accepts, assumes, and agrees to pay, perform, and discharge, in accordance with the terms thereof, all of the duties, liabilities, and obligations of Assignor accruing or otherwise attributable to the time period from and after the Effective Date arising under the Reimbursement Agreement.
Assignor shall indemnify and hold harmless Assignee from and against any liability for all obligations arising prior to the Effective Date under the Reimbursement Agreement.
Assignee shall indemnify and hold harmless Assignor from and against all obligations arising from and after the Effective Date under the Reimbursement Agreement.
Assignor warrants and represents to Assignee that Assignor is not in default under and knows of no event which, with the passage of time, would create a default on the part of Assignor under the Reimbursement Agreement.