Examples of Assumption and Assignment Agreement in a sentence
If LANDOWNER files an application with CITY that proposes to amend the Plans, Project Entitlements or the Land Use and Development Regulations and such amendment could affect the Vested Rights of an Assignee(s), CITY shall not be required to provide notice or obtain the prior approval of the Assignee(s), notwithstanding the terms of this Agreement or an Assumption and Assignment Agreement.
CITY shall not be required to obtain the prior approval of LANDOWNER or of the other Assignee(s) to approve such application notwithstanding the terms of this Agreement or an Assumption and Assignment Agreement.
Pursuant to an Assumption and Assignment Agreement dated November 9, 2017 (the “ Assignment Agreement”), RBee assumed certain indebtedness in the principal amount of $17,255,000.00 (as adjusted, the “Assumed Indebtedness”) owing by Petrowest Corporation and its related entities (collectively, the “Petrowest Entities”) to the Fund as consideration for Rbee’s purchase of certain assets out of the receivership of Petrowest Entities (the “Transaction”).
Kate Morley, Mobility PlannerStaff recommends the Board of Directors approve and authorize Assumption and Assignment Agreement for NAIPTA’s Vanpool Contract.
The Debtors are authorized to assume and assign to GHMR the Pattison Sand Contract and the accounts receivable in the amount of $1,653,165.65 (the “ AccountsReceivable”) pursuant to the Assumption and Assignment Agreement as set forth herein, effective as of the date of entry of this Order; provided, however, such assumption and assignment is subject to the liens on Accounts Receivable currently held by PlainsCapital Bank.