Examples of Assumption and Release Agreement in a sentence
Assumption and Release Agreement and Ratification of Loan Obligations (1031 Exchanges) (6634) (required upon completion of the exchange).
In accordance with the agreements in effect, future commitments related to the acquisition of aircraft and engines are as follows: (1) On December 2017, the Group signed two Assignment, Assumption and Release Agreement, one assigning 5 A-320 family aircraft to Muisca Aviation Limited and other assigning 4 A-320 family aircraft to Tejo Aviation Limited.
The Tenants in Common hereby ratify, approve and confirm the Assignment, Assumption and Release Agreement dated as of May 8, 2018 with Lender and Loan Documents with respect to the Mortgage Loan.
In exchange for the Lender consenting to the Corporation’s assumption of the Existing Debt under the terms of the Assignment and Assumption and Release Agreement, Purchaser agrees to transfer to Lender 500,000 shares of the Sellers restricted common stock on the Closing Date.
Attached copy of Assignment, Assumption and Release Agreement, to the Coal Supply Agreement J20001 with Iron Coal Sales, LLC.
The Assignment, Assumption and Release Agreement is to be in substantially the form now before this meeting and hereby approved, or with such changes therein as may be deemed necessary by the persons executing the same, upon advice of counsel, to accomplish the purposes of the transaction contemplated therein and in this Resolution and as shall not be inconsistent with or contrary to such purposes.
For the avoidance of doubt, the Amendment, Assumption and Release Agreement shall not affect the Purchaser’s / Company’s obligation to make the Purchase Price payments regarding the Phantom Stockholders on behalf of the Sellers as provided for under this Agreement (including the obligation to pay any Cash Wage Taxes and any Stock Wage Taxes relating to the [omitted] Portion and the [omitted] Portion of the Purchase Price to the competent Taxing Authority in accordance with this Agreement).
In the charging process, the thermochemical material A absorbs heat energy to become two components B and C in the endothermic reaction (B and C are stored separately).
The form, terms and provisions of the Assignment, Assumption and Release Agreement presented to the Issuer at this meeting are hereby approved, and all of the terms and provisions thereof, as set forth in Exhibit A attached hereto, are hereby incorporated herein by this reference as if the Assignment, Assumption and Release Agreement were set out in this Resolution in its entirety.
The Chairman or Vice Chairman and Secretary or Assistant Secretary of the Issuer are hereby authorized, empowered and directed to execute, acknowledge and deliver the Assignment, Assumption and Release Agreement.