Assignment and Assumption of Contracts Sample Clauses

Assignment and Assumption of Contracts. Two (2) counterpart originals of the Assignment and Assumption of Contracts, duly executed by Seller.
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Assignment and Assumption of Contracts. In consideration of One Dollar and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, 170 XXXXXXX XXXXXX INVESTORS, LLC, a Delaware limited liability company (the “Assignor”), hereby assigns to and delegates THE XXXXXXXX COMPANY, INC., a Massachusetts corporation (the “Assignee”), with an office and place of business at 39 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000, and Assignee hereby assumes and accepts the assignment and delegation of all of Assignor’s right, title and interest in and to the contracts, licenses, agreements and equipment leases (the “Contracts”) described on Exhibit A attached hereto relating to certain real property known as Dexter Park Apartments and located at 170 Xxxxxxx Xxxxxx, Brookline, Norfolk County, Massachusetts, and Assignee hereby accepts such assignment. Assignor shall indemnify Assignee against and hold Assignee harmless from any and all cost, liability, loss, damage or expense, including, without limitation, reasonable attorneys’ fees, originating or relating to the period prior to date hereof and arising out of the Assignor’s obligations under the Contracts described on Exhibit A. Assignee shall indemnify Assignor against and hold Assignor harmless from any and all cost, liability, loss, damage or expense, including, without limitation, reasonable attorneys’ fees, originating or relating to the period on or after the date hereof and arising out of the Assignee’s obligations under the Contracts described on Exhibit A. Notwithstanding anything to the contrary contained herein, the indemnities contained herein shall survive for a period of six (6) months from the date set forth below (the “Survival Period”). Any litigation with respect to such indemnification must be commenced (by service of process on such other party) within the Survival Period, and if not so commenced within the Survival Period, the indemnification shall be void and of no force or effect. To the extent that Assignee has knowledge as of the date set forth below of any costs, liability, loss, damage or expense which would be covered by Assignor’s indemnity set forth above, Assignor’s indemnity set forth above shall be void and of no force or effect. No claim for indemnity hereunder shall be actionable or payable unless the valid claims for indemnification collectively aggregate more than $50,000. In no event shall the liability of Assignor or Assignee hereunder exceed $500,000 (in the aggregate together w...
Assignment and Assumption of Contracts. Two (2) counterpart originals of the Assignment and Assumption of Contracts, in substantially the same form and substance as the form attached hereto as Exhibit E, duly executed by Buyer.
Assignment and Assumption of Contracts. THIS ASSIGNMENT AND ASSUMPTION OF CONTRACTS ("Assignment") is made and dated for reference purposes as of ____________, 20___, by and between ____________________________________ ("Assignor") and _________________________ ("Assignee"), both of whom may be referred to herein as the "Parties."
Assignment and Assumption of Contracts. (a) Seller hereby sells, assigns, transfers and conveys to Purchaser all of Seller’s right, title and interest in, to and under those service, supply and similar agreements set forth on Exhibit C, attached hereto and made a part hereof (the “Contracts”).
Assignment and Assumption of Contracts. Two counterparts of the Assignment and Assumption of Contracts in the form of Exhibit E attached hereto (the "Assignment of Contracts"), executed by Buyer, pursuant to which Seller shall assign all of its right, title and interest in and to the Contracts to Buyer.
Assignment and Assumption of Contracts. The term "Assets" includes any and all contracts and other rights (the "Contracts") used in, or necessary for, the operation of the Business, except for contracts which are Excluded Assets.
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Assignment and Assumption of Contracts. (a) Assignment and Assumption at Closing.
Assignment and Assumption of Contracts. This Assignment and Assumption of Contracts (“Assignment”) is dated , 201 and is entered into concurrently with that certain Sublease of even date herewith (the “Sublease”) by and between Xxxxxx Cogeneration Company , a Delaware corporation (“Assignor”) and Tesoro Logistics Operations LLC, a Delaware limited liability company (“Assignee”). This Assignment shall be effective upon the commencement of the term of the Sublease. Assignor and Assignee agree as follows:
Assignment and Assumption of Contracts. Buyer will have delivered to Seller an executed Assignment and Assumption of Contracts in substantially the form attached hereto as Schedule 7.2(f).
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