Common use of Assumption of Lease Clause in Contracts

Assumption of Lease. Assignee (a) acknowledges its obligations to perform the Assignor’s obligations under the Lease; (b) agrees to keep and perform all of the covenants, conditions and agreements of Assignor arising under or in connection with the Lease after the Effective Date of this Assignment; and (c) agrees to assume certain obligation to Landlord for certain rental arrearages owed by Assignee, as set forth in Sections 5(a) and 11 of this Amendment.

Assumption of Lease. Assignee (a) acknowledges its obligations hereby accepts the assignment of the Lease and assumes and agrees to perform directly all of the Assignor’s respective duties and obligations under of Assignor thereunder that accrue from and after the Lease; (b) Effective Date and agrees to keep and perform all of the respective covenants, terms and conditions and agreements of Assignor arising under or in connection with the Lease after the Effective Date of this Assignment; and (c) agrees to assume certain obligation to Landlord for certain rental arrearages owed by Assignee, as set forth in Sections 5(a) and 11 of this Amendmentcontained therein.

Assumption of Lease. Assignee (a) acknowledges its obligations to perform the hereby accepts assignment of Assignor’s obligations under interest in the Lease; , assumes all obligations associated therewith (b) including but not limited to those predating this Agreement), and accepts, adopts and agrees to keep and perform be bound by all of the covenants, conditions terms and agreements provisions of Assignor arising under or in connection with the Lease after from the Effective Date of this Assignment; and (c) agrees to assume certain obligation to Landlord for certain rental arrearages owed by Assignee, as set forth in Sections 5(a) and 11 of this Amendmentdate hereof.