Common use of Assumption and Acceptance of the Premises Clause in Contracts

Assumption and Acceptance of the Premises. Assignee assumes and agrees ---------------------------------------------- to perform each and every obligation of Assignor under the Lease that arises on or after the Effective Date. Assignee will accept the Premises in its condition as of the Effective Date and acknowledges that it shall have no claim against Landlord for any matters arising prior to the Effective Date.

Appears in 1 contract

Samples: And Attornment Agreement (Carrier Access Corp)

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Assumption and Acceptance of the Premises. Assignee assumes and agrees ---------------------------------------------- to perform each and every obligation of Assignor under the Lease that arises on or after Lease, effective as of the Effective Date. Assignee will accept the Premises in its their condition as of on the Effective Date and acknowledges that it shall have no claim against Landlord for any matters arising prior to the Effective Date.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Steak & Shake Co)

Assumption and Acceptance of the Premises. Assignee assumes and agrees ---------------------------------------------- to perform each and every obligation of Assignor under the Lease that arises on or after the Effective Lease, effective as of this Date. Assignee will accept the Premises in its their condition as of the Effective Date and acknowledges that it shall have no claim against Landlord for any matters arising prior to the Effective this Date.

Appears in 1 contract

Samples: Bridgepoint Education Inc

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Assumption and Acceptance of the Premises. Assignee assumes and agrees ---------------------------------------------- to perform each and every obligation of Assignor under the Lease that arises on or after the Effective Date. Assignee will accept the Premises in its condition as of the Effective Date and acknowledges that it shall have no claim against Landlord for any matters arising prior to the Effective Date.

Appears in 1 contract

Samples: Lease (Spectralink Corp)

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