Common use of Assignment by Buyer Clause in Contracts

Assignment by Buyer. Lithia Motors, Inc. shall have the right to assign all rights and obligations of Lithia Motors, Inc. as "Buyer" under this Agreement. In the event of any such assignment, the assignee shall assume all rights and obligations of the Buyer under this Agreement, and Lithia Motors, Inc. shall remain jointly liable for all obligations of the Buyer.

Assignment by Buyer. Lithia Motors, Inc. shall have the right to assign all rights and obligations of Lithia Motors, Inc. as "Buyer" under this Agreementagreement. In the event of any such assignment, the assignee shall assume all rights and obligations of the Buyer under this Agreementagreement, and Lithia Motors, Inc. shall remain jointly and severally liable for all obligations of the Buyer. In addition and in this event, Lithia Motors, Inc. will unconditionally guarantee the promissory note referred to in paragraph 11 above.

Assignment by Buyer. Lithia Motors, Inc. shall have the right to assign all rights and obligations of Lithia Motors, Inc. as "Buyer" under this Agreement. In the event vent of any such assignment, the assignee shall assume all rights and obligations of the Buyer under this Agreement, and Lithia Motors, Inc. shall remain jointly liable for all obligations of the Buyer.

Assignment by Buyer. Lithia Motors, Inc. shall have the right to assign all rights and obligations of Lithia Motors, Inc. as "Buyer" under this Agreementagreement. In the event of any such assignment, the assignee shall assume all rights and obligations oblations of the Buyer under this Agreementagreement, and Lithia Motors, Inc. shall remain jointly and severally liable for all obligations of the Buyer. In addition and in this event, Lithia Motors, Inc. will unconditionally guarantee the promissory note referred to in paragraph 11 above.

Assignment by Buyer. Lithia Motors, Inc. shall have the right to assign all rights and obligations of Lithia Motors, Inc. as "Buyer" under this Agreement. Agreement to any subsidiary of Lithia Motors, Inc. In the event of any such assignment, the assignee shall assume all rights and obligations of the Buyer under this Agreement, and Lithia Motors, Inc. shall remain jointly liable for all obligations of the Buyer.

Assignment by Buyer. Lithia Motors, Inc. shall have the right to assign all rights and obligations of Lithia Motors, Inc. as "'Buyer" under this Agreement. In the event of any such assignment, the assignee shall assume all rights and obligations of the Buyer under this Agreement, and Lithia Motors, Inc. shall remain jointly liable for all obligations of the Buyer.

Assignment by Buyer. Lithia Motors, Inc. shall have the right to assign to its nominee all rights and obligations of Lithia Motors, Inc. as "Buyer" under this Agreement. In the event of any such assignment, the assignee said nominee shall assume all rights and obligations of the Buyer under this Agreement, and Lithia Motors, Inc. shall remain jointly liable for all obligations of the BuyerBuyer under this Agreement.

Assignment by Buyer. Lithia Motors, Inc. shall have the right to assign all rights and obligations of Lithia Motors, Inc. as "Buyer" under this Agreement. In the event of any such assignment, the assignee shall assume all rights rihgts and obligations of the Buyer under this Agreement, and Lithia Motors, Inc. shall remain jointly liable for all obligations of the Buyer.

Assignment by Buyer. Lithia Motors, Inc. shall have the right to assign all rights and obligations of Lithia Motors, Inc. as "Buyer" under this Agreement. In the event vent of any such assignment, the assignee shall assume all rights and obligations of the Buyer buyer under this Agreement, and Lithia Motors, Inc. shall remain jointly liable for all obligations of the Buyer.