ASSIGNMENT AND ASSUMPTION OF GROUND LEASE. The Assignment ----------------------------------------- and Assumption of Ground Lease;
ASSIGNMENT AND ASSUMPTION OF GROUND LEASE. Three counterpart originals of the Assignment and Assumption of Ground Lease.
ASSIGNMENT AND ASSUMPTION OF GROUND LEASE. In the event that Tower Company accepts the Applicable Tower Site for development pursuant to paragraph 2.1 of this Agreement, and Carrier has entered a Ground Lease with the Ground Lessor, Carrier shall assign to Tower Company and Tower Company shall assume and agree to be bound, by the Ground Lease, together with the Easements to the Property pursuant to the Assignment and the relationship of the parties with regard to the Applicable Tower Site shall thereafter be governed by this Agreement. In the event that the Ground Lessor must consent to the assignment of the Ground Lease, the Assignment (and assumption on the part of Tower Company) shall be contingent upon the delivery of the consent of the Ground Landlord to the Assignment in substantially the form of the consent provided in the Estoppel Certificate attached hereto as Attachment "III" and such consent shall be a condition precedent to the Assignment. The form of the Assignment by which Carrier assigns the Ground Lease and any Easements to Tower Company shall be substantially the same form as that which is attached hereto as Attachment "I". The Assignment shall be executed by Carrier and Tower Company in three (3) counterpart originals, and one original execution copy shall be delivered to Carrier and two (2) original execution copies shall be delivered to Tower Company simultaneously with the assignment of the Pre-Development Information. In addition thereto, Tower Company and Carrier shall execute a Memorandum of Assignment in substantially the form of Attachment "II" to be recorded in the office of the property records in the County where the Property is located. The Memorandum of Assignment shall be executed and delivered to Tower Company simultaneously with the Assignment. Tower Company shall send the Memorandum of Assignment to the appropriate recording office for recording prior to the commencement of construction of the Tower Facilities as commencement of construction is defined in any mechanics or materialman's lien statute in the state where the Property is located (provided that Tower Company receives the Memorandum of Assignment executed by Carrier prior to such time). In addition thereto, Tower Company and Carrier shall use reasonable efforts to obtain from the Ground Lessor, a release of Carrier from all liabilities under the Ground Lease and shall include such release language in the Estoppel Certificate which is attached hereto as Attachment "III". Tower Company and Carrier shall ex...
ASSIGNMENT AND ASSUMPTION OF GROUND LEASE. Three (3) counterpart originals of the Assignment and Assumption of Ground Lease, duly executed by Buyer and by the buyer under the Fee Interest Purchase Agreement, or its permitted assignee, as the successor in interest to the Ground Lessor.
ASSIGNMENT AND ASSUMPTION OF GROUND LEASE. THIS ASSIGNMENT AND ASSUMPTION OF GROUND LEASE (this “Assignment”) is made as of the ___ day of November, 2010, by and between _________________ LLC, a New York limited liability company with an address at 000 Xxxxxxxxxx Xxxxxx Xxxxxxxxx, Xxxxxx, Xxx Xxxx 00000 (“Assignor”) to _____________________, a ___________ limited liability company with an address at ___________________________ (“Assignee”).
ASSIGNMENT AND ASSUMPTION OF GROUND LEASE. An Assignment and Assumption of Ground Lease in the form of EXHIBIT 4.2.1.8 annexed hereto and made a part hereof pursuant to which Seller shall assign the Ground Lease to Buyer and Buyer shall assume all of Seller's obligations thereunder (the "Assignment and Assumption of Ground Lease");
ASSIGNMENT AND ASSUMPTION OF GROUND LEASE. An assignment and assumption of the Ground Lease, pursuant to which with respect the Ground Lease (i) the relevant Seller shall assign and transfer to Buyer all of such Seller’s right, title and interest in and to, and Buyer shall assume all of such Seller’s obligations and liabilities under, the Ground Lease first accruing from and after Closing, and (ii) such assignment shall be free and clear of all encumbrances save and except for the Permitted Exceptions relating to the Property which is the subject of the Ground Lease. The Assignment and Assumption of Ground Lease shall be a special warranty assignment in the form as is customary for commercial transaction in the jurisdiction in which the relevant Hotel is located.
ASSIGNMENT AND ASSUMPTION OF GROUND LEASE. Three (3) originals of the Assignment and Assumption of Ground Lease duly executed and acknowledged by Buyer.
ASSIGNMENT AND ASSUMPTION OF GROUND LEASE. For good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereby agree as follows:
ASSIGNMENT AND ASSUMPTION OF GROUND LEASE. This Assignment and Assumption of Ground Lease ("Assignment") is made and entered into this day of , 2003, by and between Ventas Realty, ----- ------------ Limited Partnership, a Delaware limited partnership ("Assignor") and Kindred Nursing Centers South, LLC, a Delaware limited liability company [certain alternative grantees are permitted per the Agreement] ("Assignee").
