Common use of Assignment, Assumption and Release Clause in Contracts

Assignment, Assumption and Release. Subscriber hereby assigns to Provider all right, title and interest that Subscriber may have (if any) in and to the Network and Provider hereby accepts such assignment. In consideration of the foregoing assignment: (i) Provider hereby assumes and agrees to pay all liabilities arising out of, or related to, the operation, management, administration and maintenance of the Network prior to the Effective Date, including, without limitation, all liabilities relating the Network for accrued and unpaid income, property and other taxes (and any applicable fines or penalties resulting from non-payment thereof); and (ii) Subscriber hereby releases Provider and its affiliates, and the Network, from any past, present or future claims that Subscriber has or may have, that arise or relate to (x) the operation, management, administration and maintenance of the Network prior to the Effective Date or (y) any ownership interest the Subscriber has or may have in the Network. Additional Terms (if any): IN WITNESS WHEROF, Provider and Subscriber have caused their authorized representatives to sign this Subscription Agreement to be effective as of the Effective Date. AllTerra Central, Inc. Subscriber: By: By: Name: Name: Title: Title: RTK NETWORK - TERMS OF SERVICE These RTK Network - Terms of Service (“Terms of Service”) are attached to, and incorporated by reference into, a Subscription Agreement (“Subscription Agreement”) between AllTerra Central, Inc. (“Provider”) and the Subscriber named in the Subscription Agreement (“Subscriber”). All references to the Subscription Agreement include the Subscription Agreement signed by the parties, these Term of Service and any other document incorporated by reference into either the Subscription Agreement or these Term of Service. Capitalized terms used but not otherwise defined in these Term of Service are defined in the Subscription Agreement. THESE TERMS OF SERVICE GOVERN SUBSCRIBER’S USE OF THE NETWORK IDENTIFIED IN A SIGNED SUBSCRIPTION AGREEMENT (the “Network”). SUBSCRIBER SHOULD READ THESE TERMS OF SERVICE CAREFULLY.

Appears in 4 contracts

Samples: RTK Network Subscription Agreement, RTK Network Tx Ok Subscription Agreement, RTK Network Tx Ok Subscription Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.