Examples of Assumption Date in a sentence
The parties hereby agree to amend the Transaction Documents prior to the Assumption Date to provide for such terms and conditions as may be necessary or desirable in connection with the assumption of the role of Relevant Trustee by the Certificate Paying Agent.
In furtherance of the above, the Assumption Party, from and after the Assumption Date, agrees to act in the capacity of each Transferred Role in accordance with the terms of the applicable Transaction Documents.
Except as expressly provided in this Agreement, nothing contained herein shall affect any claims that any party may have against the Assignor or otherwise release the Assignor from any obligation arising under any Transaction Document or related to the Assumed Transaction before the Assumption Date.
The Assignor shall remain liable for all such liability arising prior to the Assumption Date and for its own actions and omissions apart from those assumed by the Assumption Party.