Assignor’s Representations, Warranties and Obligations. Assignor hereby represents and warrants that: (a) it has not previously assigned the Leases, the Rents, the Claims and/or the Security Deposits, (b) the rent roll attached hereto as Exhibit B is a true, correct and complete copy of the rent roll for the Property, (c) Assignor is in full compliance with the terms of the Leases, (d) there are no defaults under the Leases existing at the time of the execution of this Assignment, and (e) the Security Deposits listed on Exhibit B are all of the Security Deposits held by Assignor in connection with the Property.
Assignor’s Representations, Warranties and Obligations. Assignor hereby represents and warrants that: (a) it has not previously assigned the Contracts; (b) Assignor has full right and authority to transfer the Contracts to Assignee; (c) Assignor is in full compliance with the terms of the Contracts; (d) there are no defaults under the Contracts existing at the time of the execution of this Assignment; and (e) except for the Contracts, there are no other agreements or contracts affecting or pertaining to Assignor, the Property, or the Improvements that are binding on Assignee, the Property, or the Improvements. Assignor shall defend, indemnify and save harmless Assignee and the Property from and against any and all liability, demands, obligations, claims, liens, damages, costs, expenses, actions, and causes of action (together with reasonable attorneys fees and costs) arising out of or accruing under the Contracts relating to the time period prior to the Effective Date.
