Common use of Acceptance and Assumption by Assignee Clause in Contracts

Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and Deposits. Assignee agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under the Assigned Documents from and after the date of this Agreement, and assume all Assumed Liabilities with respect to the Assigned Documents.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Apple Hospitality REIT, Inc.), Purchase and Sale Agreement (Carey Watermark Investors Inc), Purchase and Sale Agreement (Pebblebrook Hotel Trust)

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Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and Depositsthe Assumed Liabilities. Assignee agrees to assume and perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under the Assigned Documents from and after the date of this AgreementAssignment, and to assume all Assumed Liabilities with respect to the Assigned Documents.

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement (Carey Watermark Investors 2 Inc)

Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and DepositsLeases. Assignee assumes and agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under the Assigned Documents Leases, from and after the date of this Agreement, and assume all Assumed Liabilities with respect to the Assigned DocumentsEffective Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (United Artists Theatre Circuit Inc /Md/)

Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and DepositsLeases. Assignee agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under the Assigned Documents Leases from and after the date of this Agreement, and assume all Assumed Liabilities with respect to the Assigned DocumentsLeases.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Carey Watermark Investors Inc)

Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and DepositsProperty. Assignee agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under respecting the Assigned Documents Property from and after the date of this Agreement, and assume all Assumed Liabilities with respect to the Assigned DocumentsEffective Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Condor Hospitality Trust, Inc.)

Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and DepositsAccounts Receivable. Assignee agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under with respect to the Assigned Documents Accounts Receivable to the extent arising and accruing from and after the date of this Agreement, Effective Date and to assume all Assumed Liabilities liabilities with respect to the Assigned DocumentsAccounts Receivable to the extent arising and accruing from and after the Effective Date.

Appears in 1 contract

Samples: Assignment and Assumption of Accounts Receivable (Hines Real Estate Investment Trust Inc)

Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and Depositsforegoing assignment from Assignor. Assignee hereby assumes and agrees to pay and perform all of the obligations, liabilities, covenants, duties and agreements of Assignor Assignor's obligations under the Assigned Documents from Purchase Agreement and after to observe all of the date of terms, covenants and conditions applicable to Buyer thereunder. Assignee hereby further agrees to be bound by all approvals and waivers by Assignor prior to this Agreement, and assume all Assumed Liabilities with respect to the Assigned DocumentsAssignment.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement With Escrow Instructions (Steadfast Income REIT, Inc.)

Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and DepositsDocuments. Assignee agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under the Assigned Documents from and after the date of this AgreementAssignment, and to assume all Assumed Liabilities with respect to the Assigned Documents.

Appears in 1 contract

Samples: Agreement for Sale and Purchase of Hotel (Carey Watermark Investors 2 Inc)

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Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and Deposits. Assignee agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under the Assigned Documents from and after the date of this Agreement, and assume all Assumed Liabilities with respect to the Assigned DocumentsDocuments first arising from and after the date of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Clearview Hotel Trust, Inc.)

Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and DepositsREA. Assignee agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under the Assigned Documents REA from and after the date of this Agreement, and assume all Assumed Liabilities with respect to the Assigned DocumentsREA.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Carey Watermark Investors Inc)

Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and Depositsthe Assigned Rights. Assignee agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under the Assigned Documents and the Assigned Rights from and after the date of this Agreement, and assume all Assumed Liabilities with respect to the Assigned DocumentsDocuments and the Assigned Rights.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Carey Watermark Investors Inc)

Acceptance and Assumption by Assignee. Assignee hereby accepts the assignment, transfer and conveyance of the Assigned Documents and DepositsDocuments. Assignee agrees to perform all of the obligations, liabilities, covenants, duties and agreements of Assignor under the Assigned Documents from and after the date of this Agreement, and assume all Assumed Liabilities with respect to the Assigned DocumentsEffective Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Condor Hospitality Trust, Inc.)

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