Common use of Assignment of Warranties Clause in Contracts

Assignment of Warranties. Assignor hereby assigns, sets over and transfers to Assignee all of Assignor’s right, title and interest in, to and under any and all guaranties and warranties in effect with respect to all or any portion of the Property as of the date hereof, if and only to the extent the same may be assigned or quitclaimed by Assignor without expense to Assignor. Assignee hereby accepts the foregoing assignment of guaranties and warranties.

Appears in 7 contracts

Samples: Purchase and Sale Agreement (Corinthian Colleges Inc), Agreement to Designate and Lease (Synalloy Corp), Purchase and Sale Agreement (Synalloy Corp)

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Assignment of Warranties. Assignor hereby assigns, sets over and transfers to Assignee all of Assignor’s right, title and interest in, to and under any and all guaranties and warranties in effect with respect to all or any portion of the Property Properties as of the date hereof, if and only to the extent the same may be assigned or quitclaimed by Assignor without expense to Assignor. Assignee hereby accepts the foregoing assignment of guaranties and warrantieswarranties and agrees to cooperate to allow the respective tenants of the Properties to enforce same.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Diversified Restaurant Holdings, Inc.)

Assignment of Warranties. Assignor hereby assigns, sets over and transfers to Assignee all of Assignor’s right, title and interest in, to and under any and all guaranties and warranties in effect with respect to all or any portion of the Property as of the date hereof, if and only to the extent the same may be assigned or quitclaimed by Assignor without expense to Assignor. Assignee hereby accepts the foregoing assignment of guaranties and warranties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (First Capital Real Estate Trust Inc)

Assignment of Warranties. Assignor hereby assigns, sets over and transfers to Assignee all of Assignor’s right, title and interest in, to and under any and all guaranties and warranties in effect with respect to all or any portion of the Property as of the date hereof, if and only to the extent the same may be assigned or quitclaimed by Assignor without expense to Assignor. Assignee hereby accepts the foregoing assignment of guaranties and warranties.. ​

Appears in 1 contract

Samples: Purchase and Sale Agreement (Orion Group Holdings Inc)

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Assignment of Warranties. On the Effective Date, Assignor hereby assigns, sets over over, transfers and transfers conveys to Assignee all of Assignor’s right, title and interest in, to and under any and all guaranties and warranties in effect with respect to all or any portion of the Property as of the date hereof, if and only to the extent the same may be assigned or quitclaimed by Assignor without expense to Assignor. Assignee hereby accepts the foregoing assignment of guaranties and warranties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Party City Holdco Inc.)

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