Common use of Acknowledgment of Assignment Clause in Contracts

Acknowledgment of Assignment. Tenant hereby acknowledges receipt of notice of the Assignment and agrees to be bound by the terms thereof and agrees that it will, upon Lender’s written demand therefor, thereafter pay directly to Lender all amounts thereafter payable by Tenant to the Landlord under the Lease.

Acknowledgment of Assignment. Tenant hereby acknowledges receipt of ---------------------------- notice of the Assignment and agrees to be bound by the terms thereof and agrees that it will, upon Lender’s written 's demand therefor, thereafter pay directly to Lender all amounts thereafter payable by Tenant to the Landlord under the Lease.