Assignment Documents. The Transferor and transferee execute and deliver to the Partnership the instruments of transfer and assignment satisfactory in substance and form to a majority in Interest of the other Partners. The transferee must agree in writing to be bound by the terms and conditions of this Agreement and to assume all of the obligations of the Transferor under this Agreement with respect to the Interest assigned.
Appears in 3 contracts
Sources: Limited Partnership Agreement (FD Spinco II, Inc.), Limited Partnership Agreement (FD Spinco II, Inc.), Limited Partnership Agreement (FD Spinco II, Inc.)