Common use of Assumption by Assignee Clause in Contracts

Assumption by Assignee. Assignee hereby agrees to assume and perform all of the obligations, liabilities and responsibilities of the Assignor under the Lease which shall arise or be incurred, or which are required to be performed, on and after the Effective Date.

Appears in 3 contracts

Samples: CNL Healthcare Properties, Inc., CNL Healthcare Properties, Inc., CNL Healthcare Properties, Inc.

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Assumption by Assignee. Assignee hereby accepts the foregoing assignment and assumes and agrees to assume and perform all of the duties, obligations, liabilities liabilities, commitments and responsibilities covenants of the Assignor under the Lease which shall arise or be incurred, or which are required to be performed, on accruing from and after the Effective DateDate arising under each of the Leases.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Lawson Products Inc/New/De/), Asset Purchase Agreement (Park Ohio Holdings Corp)

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Assumption by Assignee. Assignee hereby accepts the foregoing assignment and assumes and agrees to assume perform any and perform all of the duties, obligations, liabilities liabilities, commitments and responsibilities covenants of the Assignor under the Lease which shall arise or be incurred, or which are required to be performed, on accruing from and after the Effective Datedate hereof with respect to or arising under each of the Licenses and Permits and the Warranties.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Wells Core Office Income Reit Inc), Purchase and Sale Agreement (Chicago Rivet & Machine Co)

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