Assumption Deed definition
Examples of Assumption Deed in a sentence
Each obligation and liability of RBV to the Lessor under or pursuant to the Topsides Documents to which RBV is, or is to be, a party shall be deemed to be a Residual Obligation as defined in and for the purposes of the Uisge Gorm BOPS Assumption Deed, including in particular, clauses 2 and 3 thereof which shall apply mutatis mutandis to those Topsides Documents.
Shareholder and the Company shall have executed ------------------ the Assumption Deed.
If a Payer extends, renews, converts or substitutes any Tenement described in Schedule 2 for a new Tenement, the Payees may require the Payer to execute an Assumption Deed and any other document that the Payees reasonably consider necessary to confirm that this deed applies to the new Tenement.
F In order to give effect to the Disposal of the Disposal Interest, and in satisfaction of the requirement to enter into a New Owner’s Assumption Deed pursuant to clause 10.8 of the Joint Venture Agreement, the parties have agreed to enter into this Deed.
Each obligation and liability of LBV to the Lessor under or pursuant to the Topsides Documents to which LBV is, or is to be, a party shall be deemed to be a Residual Obligation as defined in and for the purposes of the Glas Dowr BOPS Assumption Deed, including, in particular, clauses 2 and 3 thereof which shall apply mutatis mutandis to those Topsides Documents.
Seller will convey title to the Property to Seller by Special Warranty Assumption Deed, the form of which is attached as Exhibit B, subject only to the matters listed as part of the Special Warranty Deed.
The Special Warranty Assumption Deed shall provide that Buyer assumes Seller’s obligations and liabilities under the Loan and all documents evidencing and securing the Loan, including, but not limited to, the Note, the two Deeds of Trust and the two Assignments of All Rents.