Examples of Xxxxxxxx Assignment in a sentence
Xxxxxxxx Assignment Form To assign this Note, fill in the form below: (I) or (we) assign and transfer this Note to (Insert assignee’s soc.
STK Acquisition, LLC has separately entered into an assignment and assumption agreement (the "Xxxxxxxx Assignment and Assumption Agreement") pursuant to which STK Acquisition, LLC has agreed to acquire at the Closing all of the rights of the lender under the Amended and Restated Loan and Security Agreement dated December 21, 2007, as amended, by and between Xxxxxx X.
The Xxxxxxxx Trust shall have executed and delivered the Xxxxxxxx Assignment and Assumption Agreement.
Xxxxxxxx Assignment of Patent Application #12/386,543 from Xxxxxx X.
The Overriding Royalty Interest hereby conveyed is proportionately reduced to the leasehold interest owned by Assignor in the Xxxxxxxx Assignment, so that if, for example, the Assignor owns an undivided forty percent (40%) interest leasehold estates out of which this Overriding Royalty Interest is being conveyed, then the Overriding Royalty Interest is forty percent (40%) of two percent of eight eighths (40% of 2% of 8/8), or a decimal interest of .008 of net revenue.
STK Acquisition, LLC shall have assumed all of the rights of the Xxxxxxxx Trust as lender, under the Xxxxxxxx Loan Agreement pursuant to the Xxxxxxxx Assignment and Assumption Agreement.
STK Acquisition, LLC shall have executed and delivered the Xxxxxxxx Assignment and Assumption Agreement.
Except as specifically amended above, (a) the Loan Agreement, the Xxxxxxxx Assignment of Leases and the other Loan Documents shall remain in full force and effect and are hereby ratified and affirmed and (b) the execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power, or remedy of Assignee, nor constitute a waiver of any provision of the Loan Agreement, the Xxxxxxxx Assignment of Leases or any other Loan Document.
All required parties shall have executed the Xxxxxxxxx Assignment and Assumption Agreement, Xxxxxxx Assignment and Assumption Agreement, Xxxxxxxx Assignment and Assumption Agreement, Seller Non-Competition Agreement with Xxxxx Xxxxxxx and Xxxx Xxxxx, attached hereto as Exhibit H, and the Buyer Non-Competition Agreement attached hereto as Exhibit L, respectively.
Xxxxxxxx shall have personal liability for any failure to fulfill the Xxxxxxxx Assignment obligation.