Assignment and Assumption of Intangible Property. Two (2) duly executed counterpart originals of each of the separate Assignments;
Assignment and Assumption of Intangible Property. Two (2) duly executed counterpart originals of two separate assignments and assumption of intangible property in the form attached to this Agreement as Exhibit D (the "Assignments"); and
Assignment and Assumption of Intangible Property. THIS ASSIGNMENT AND ASSUMPTION OF INTANGIBLE PROPERTY (this “Assignment”) is executed as of the ____ day of _______________, 2012, to be effective as of the Closing Date, by and between First States Investors 3300 B, L.P., a Delaware limited partnership (“Assignor”) with a mailing address c/o GKK Realty Advisors, LLC, 000 Xxxxxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, and National Financial Realty – WFB East Coast, LLC, a Delaware limited liability company (“Assignee”), with a mailing address c/o National Financial Realty, Inc., 00000 Xxxxxxxxx Xxxxxxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxxxxxx 00000.
Assignment and Assumption of Intangible Property. An assignment and assumption of the Intangible Property in the form attached hereto as Exhibit “B” and by this reference incorporated herein, pursuant to which each Seller and/or Operating Tenant shall assign and transfer to Buyer all of such Seller’s and/or Operating Tenant’s right, title and interest in and to, and Buyer or its operating lessee shall assume all of such Seller’s and/or Operating Tenant’s obligations and liabilities under, the Intangible Property first accruing from and after Closing, to the extent that such assignments are legally and contractually permitted.
Assignment and Assumption of Intangible Property. For Ten and 00/100 Dollars ($10.00), in hand paid, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned (“Assignor”), does hereby sell, assign, transfer, and convey unto BROWARD COUNTY, a political subdivision of the State of Florida (“Assignee”), all of the Assignor’s right, title, and interest in and to the following described property:
Assignment and Assumption of Intangible Property. Two counterpart originals of the Assignment and Assumption of Intangible Property.
Assignment and Assumption of Intangible Property. An assignment and assumption of the Intangible Property in the form attached hereto as Schedule “C” and by this reference incorporated herein, pursuant to which (i) each Seller and/or Operating Tenant shall assign and transfer to Buyer all of such Seller’s and/or Operating Tenant’s right, title and interest in and to, and Buyer shall assume all of such Seller’s and/or Operating Tenant’s obligations and liabilities under, the Intangible Property first accruing from and after the Transfer Time, to the extent such assignments are legally and contractually permitted, (ii) the applicable Seller shall indemnify, hold harmless and defend Buyer from and against any loss, cost or damage arising with respect to Intangible Property prior to the Transfer Time and (iii) Buyer shall indemnify, hold harmless and defend the applicable Seller from and against any loss, cost or damage arising under any Intangible Property from and after the Transfer Time.
Assignment and Assumption of Intangible Property. THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Assignment”), made as of this day of [ ], 2007, between AIRCAST, LLC, a Delaware limited liability company (“Seller”), and [ ], a [ ] (“Purchaser”).
Assignment and Assumption of Intangible Property. (a) Seller hereby sells, assigns, transfers and conveys to Purchaser all of Seller’s right, title and interest as landlord in, to and under the Intangible Property.
Assignment and Assumption of Intangible Property. FOR VALUABLE CONSIDERATION, the receipt and sufficiency of which are hereby acknowledged, COLORADO HOTEL OPERATOR, INC., a Delaware corporation (“CHO”) and CORDILLERA LODGE & SPA, LLC, a Delaware limited liability company (“CL&S” and, jointly and severally with CHO, “Assignor”) do hereby assign, convey, grant, transfer and set over unto , a , its successors and assigns (“Assignee”), all of Assignor’s right, title, claim, estate and interest in and to all of the Intangible Personal Property excepting, however, the Service Contracts and the Equipment Leases, as such terms are defined in and pursuant to that certain Agreement of Purchase and Sale and Joint Escrow Instructions by and between COLORADO HOTEL HOLDING, LLC, a Delaware limited liability company, as seller, and Assignee, as purchaser, dated , 2006 (as amended, the “Contract”). CHO and CL&S represent and warrant to Assignee that: (i) it has full power, authority and right to execute and deliver this Assignment and convey the rights and property hereby assigned; (iii) except as may be specifically set forth in the Contract, the Intangible Personal Property which it owns is free and clear of any attachments, judgments and encumbrances of any nature whatsoever; and (iv) except as may be specifically set forth in the Contract, no consents are required in order to validly transfer to Purchaser the rights hereby conveyed in and to Intangible Personal Property. This Assignment may be relied upon as conclusive proof that the Intangible Personal Property has been transferred to Assignee. Assignor covenants and agrees with Assignee to hereafter furnish to Assignee such further assignments and consents as Assignee may reasonably require in furtherance of this Assignment or to carry out the intent hereof. This Assignment shall be binding on Assignor, Assignee and their respective legal representatives, successors and assigns. In the event any action or suit is brought by a party hereto against another party hereto by reason of any breach of any of the covenants, conditions, agreements or provisions on the part of such other party arising out of this Assignment, the prevailing party shall be entitled to have and recover of and from the other party all costs and expenses of the action or suit, including reasonable attorneys’ fees. This Assignment may be executed in counterparts, each of which shall be deemed an original, but all of which, together, shall constitute one and the same instrument.
