Assignment and Assumption of Assigned Rights and Obligations. On the Closing Date, Seller and Buyer shall each deliver to Escrow Holder an Assignment and Assumption of Assigned Rights and Obligations, in the form of Exhibit B hereto, executed by an authorized representative of Seller and Buyer, which Assignment and Assumption of Assigned Rights and Obligations shall sell, transfer, assign, set-over, convey and delegate to Buyer the Assigned Rights and Obligations.
Appears in 3 contracts
Samples: Loan Sale Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Sale Agreement (Resource Real Estate Opportunity REIT, Inc.), Loan Sale Agreement (KBS Strategic Opportunity REIT, Inc.)
Assignment and Assumption of Assigned Rights and Obligations. On the Closing Date, Seller and Buyer shall each deliver to Escrow Holder the other an Assignment and Assumption of Assigned Rights and Obligations, in the form of Exhibit B hereto, executed by an authorized representative of Seller and Buyer, which Assignment and Assumption of Assigned Rights and Obligations shall sell, transfer, assign, set-over, convey and delegate to Buyer the Assigned Rights and Obligations.
Appears in 1 contract
Samples: Loan Sale Agreement (American Insured Mortgage Investors Series 85 L P)
