Common use of Assignment, Assumption and Release Clause in Contracts

Assignment, Assumption and Release. Effective as of and from May 3, 2001 ("Assignment Effective Date"), Assignor hereby assigns and delegates to Assignee all Assignor’s rights, duties and obligations under the Transactions, and Assignee hereby accepts such assignment and delegation and assumes such rights, duties and obligations. As of and from the Assignment Effective Date, Assignor shall be fully released from all rights, duties and obligations under the Transactions.

Appears in 1 contract

Sources: Assignment and Assumption Agreement

Assignment, Assumption and Release. Effective as of and from May 3March 28, 2001 2000 ("Assignment Effective Date"), Assignor hereby assigns and delegates to Assignee all Assignor’s rights, duties and obligations under the Transactions, Transaction and Assignee hereby accepts such assignment and delegation and assumes such rights, duties and obligations. As of and from the Assignment Effective Date, Assignor shall be fully released from all rights, duties and obligations under the TransactionsTransaction.

Appears in 1 contract

Sources: Assignment and Assumption Agreement

Assignment, Assumption and Release. Effective as of and from May 3, 2001 ("the Assignment Effective Date"), Assignor hereby assigns and delegates to Assignee all of Assignor’s rights, duties duties, and obligations under in and to the Transactions, Amended Transaction and Assignee hereby accepts such assignment and delegation and assumes such rights, duties duties, and obligations. As of and from the Assignment Effective Date, Assignor shall be fully released from all rights, duties duties, and obligations under in and to the TransactionsAmended Transaction.

Appears in 1 contract

Sources: Assignment, Assumption, and Amendment Agreement