Assignment and Assumption of Leases and Security Deposits Sample Clauses

Assignment and Assumption of Leases and Security Deposits. Two (2) counterpart originals of the Assignment and Assumption of Leases and Security Deposits, duly executed by Buyer.
AutoNDA by SimpleDocs
Assignment and Assumption of Leases and Security Deposits. Two (2) counterparts of an assignment and assumption of Leases and Security Deposits for each Property and, to the extent required elsewhere in this Agreement, the obligations of Seller under the Commission Agreements in the form attached hereto as SCHEDULE 3 (the “Assignment and Assumption of Leases”), executed, acknowledged and sealed by Seller;
Assignment and Assumption of Leases and Security Deposits. An assignment and assumption of Leases and Security Deposits in the form attached hereto as Schedule 2 (each, an “Assignment and Assumption of Lease”);
Assignment and Assumption of Leases and Security Deposits. For valuable consideration, the receipt and sufficiency of which is hereby acknowledged, ________________________________, a ________________________, having an address c/o ____________________________________ ("ASSIGNOR"), hereby assigns, transfers and delegates to ___________________, a _________________________, having an address of __________________________ ("ASSIGNEE"), and Assignee hereby accepts the assignment, transfer and delegation of, all of Assignor's right, title and interest in and to, the leases described on Exhibit A attached hereto (the "Leases") and the unapplied non-cash security deposits held by Assignor under and pursuant to the Leases, all of which are listed on Exhibit A attached hereto (the "SECURITY DEPOSITS"), all of which Leases and Security Deposits relate to the property known as ________________________________ (the "PROPERTY"), and Assignee does further hereby agree to assume all of Assignor's duties, obligations and liabilities under and pursuant to the terms of the Leases from and after the date hereof. Assignee acknowledges that as to the Security Deposits, Assignee has received a credit therefor from Assignor at the closing of Assignee's acquisition of the Property and is therefore responsible for the proper handling and return of all such Security Deposits to the tenants entitled thereto as provided in the Leases. Assignee hereby assumes and agrees to perform, on and after the date hereof, all of the terms, covenants, obligations and conditions required to be performed by landlord under the Leases (the "ASSIGNEE OBLIGATIONS"); PROVIDED, HOWEVER, that, and subject to the provisions of that certain Purchase and Sale Agreement, dated as of ___________, 2004, by and between Assignor and Assignee (the "PURCHASE AGREEMENT"), Assignor shall remain responsible for the performance of all of the terms, covenants, obligations and conditions required to be performed by landlord under the Leases for the period prior to the date hereof (the "ASSIGNOR OBLIGATIONS"). Assignee agrees to indemnify, protect, defend and hold Assignor harmless from and against any and all liabilities, losses, costs, damages and expenses (including reasonable attorneys' fees) incurred by Assignor as a result of Assignee's failure to perform the Assignee Obligations. Assignor agrees to indemnify, protect, defend and hold Assignee harmless from and against any and all liabilities, losses, costs, damages and expenses (including reasonable attorneys' fees) incur...
Assignment and Assumption of Leases and Security Deposits. THIS ASSIGNMENT AND ASSUMPTION OF LEASES AND SECURITY DEPOSITS, dated as of the ___day of , 2009 made by Millsaw Realty L.P., a Delaware limited liability company, having an address of One Stamford Forum, Stamford, Connecticut (hereinafter referred to as “Assignor”), and [OSI Pharmaceuticals, Inc.], a Delaware corporation, having an office at 00 Xxxxxxxx Xxxx, Xxxxxxxx, Xxx Xxxx (hereinafter referred to as the “Assignee”).
Assignment and Assumption of Leases and Security Deposits. An Assignment and Assumption of the Leases and an Assignment and Assumption of the Security Deposits in form reasonably satisfactory to the parties' respective counsel.
Assignment and Assumption of Leases and Security Deposits. Two (2) counterparts of the Assignment and Assumption of Leases, executed, acknowledged and sealed by Seller and MHMC;
AutoNDA by SimpleDocs
Assignment and Assumption of Leases and Security Deposits. As to each Seller with respect to its applicable portion of the Property, two (2) original counterparts of an assignment and assumption of the Leases and Security Deposits, in the form attached hereto as Exhibit “C” (the “Assignment and Assumption of Leases and Security Deposits”), executed by such Seller (it being understood and agreed that if there are no Leases in effect at Closing with respect to the portion of the Property as owned by [****]shall not be required to execute and deliver an Assignment and Assumption of Leases and Security Deposits with respect to its applicable portion of the Property);
Assignment and Assumption of Leases and Security Deposits. This agreement is executed as of the _____ day of _____________, 19__, by ______________________________, a _________________________________________ ("Seller"), and _________________________, a _____________________("Purchaser"). Purchaser is this day purchasing from Seller and Seller is conveying to Purchaser the real property described on Exhibit A attached hereto and made a part hereof together with all improvements thereon and appurtenances thereto (herein called the "Property"). The Property is occupied by various tenants (herein called the "Tenants") claiming under written space leases listed and described on Exhibit B attached hereto and made a part hereof (the "Leases"). Seller has required certain of the Tenants to pay and has collected from such Tenants a security or other deposit, a list of which deposits and the Tenants form from whom the deposits were collected being set forth on Exhibit B attached hereto and made a part hereof (herein the total of all such deposits are referred to as the "Security Deposits"). Seller desires to transfer and assign all of Seller's right, title and interest in and to (i) the Leases and (ii) the Security Deposits not heretofore forfeited, credited or returned to the Tenants.
Assignment and Assumption of Leases and Security Deposits. This Assignment and Assumption Agreement is made this ______ day of _____________, 2004, between ____________________, a Pennsylvania ___________ having an address at __________________, Pennsylvania __________ (the "Assignor") and CEDAR _________ , LLC, a Delaware limited liability company, having an address at 00 Xxxxx Xxxxxx Xxxxxx, Port Washington, New York 11050 (the "Assignee").
Time is Money Join Law Insider Premium to draft better contracts faster.