Common use of Assignment and Assumption of Leases Clause in Contracts

Assignment and Assumption of Leases. An assignment of the Leases, duly executed and acknowledged by Seller and in proper form for recording, assigning Seller's right, title and interest in and to the Leases to Buyer.

Assignment and Assumption of Leases. An Two (2) counterparts of an assignment and assumption (“Assignment of the Leases”), duly executed and acknowledged by Seller and in proper form for recordingSeller, assigning to Buyer all of Seller's ’s right, title and interest in and to the Leases. The Assignment of Leases to Buyershall be in the form of Exhibit “D” attached hereto.