Common use of Assumption of Rights, Remedies, Responsibilities and Obligations Clause in Contracts

Assumption of Rights, Remedies, Responsibilities and Obligations. In furtherance of the foregoing, Patriot hereby assumes toward COALSALES II all obligations and responsibilities that COALSALES II has under the End Customer Contract toward End Customer; and COALSALES II will have the benefit of all rights and remedies against Patriot that End Customer has against COALSALES II under the End Customer Contract, in each case subject to the modifications set forth below. Likewise, COALSALES II hereby assumes toward Patriot all obligations and responsibilities that End Customer has toward COALSALES II under the End Customer Contract; and Patriot will have the benefit of all rights and remedies against COALSALES II that COALSALES II has against End Customer under the End Customer Contract, in each case subject to the modifications set forth below.

Appears in 2 contracts

Samples: Coal Supply Agreement (Patriot Coal CORP), Form of Coal Supply Agreement (Patriot Coal CORP)

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Assumption of Rights, Remedies, Responsibilities and Obligations. In furtherance of the foregoing, Patriot hereby assumes toward COALSALES II all obligations and responsibilities that COALSALES II has under the End Customer Contract toward End Customer; and COALSALES II will have the benefit of all rights and remedies against Patriot that End Customer has against COALSALES II under the End Customer Contract, in each case subject to the modifications set forth below. Likewise, COALSALES II hereby assumes toward Patriot all obligations and responsibilities that End Customer has toward COALSALES II under the End Customer Contract; and Patriot will have the benefit of all rights and remedies against COALSALES II that COALSALES II has against End Customer under the End Customer Contract, in each case subject to the modifications set forth below.

Appears in 1 contract

Samples: Coal Supply Agreement (Patriot Coal CORP)

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Assumption of Rights, Remedies, Responsibilities and Obligations. In furtherance of the foregoing, Patriot hereby assumes toward COALSALES II COALTRADE all obligations and responsibilities that COALSALES II COALTRADE has under the End Customer Contract toward End Customer; and COALSALES II COALTRADE will have the benefit of all rights and remedies against Patriot that End Customer has against COALSALES II COALTRADE under the End Customer Contract, in each case subject to the modifications set forth below. Likewise, COALSALES II COALTRADE hereby assumes toward Patriot all obligations and responsibilities that End Customer has toward COALSALES II COALTRADE under the End Customer Contract; and Patriot will have the benefit of all rights and remedies against COALSALES II COALTRADE that COALSALES II COALTRADE has against End Customer under the End Customer Contract, in each case subject to the modifications set forth below.

Appears in 1 contract

Samples: Coal Supply Agreement (Patriot Coal CORP)

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