Assumption of the Obligations Sample Clauses

Assumption of the Obligations. As of the date hereof, PubCo hereby assumes all of the Obligations under the Warrant Agreement.
AutoNDA by SimpleDocs
Assumption of the Obligations. The New Issuer hereby agrees, as of the date hereof, to assume, to be bound by and to be liable, as a primary obligor and not as a guarantor or surety, with respect to, any and all obligations under the Notes and the Indenture on the terms, and subject to the conditions set forth in the Indenture and all other obligations of the Original Issuers under the Notes and the Indenture as if it were an Original Issuer thereunder (so that from and after the date hereof, the provisions of the Indenture and the Notes referring to the Original Issuers shall instead refer to the New Issuer).
Assumption of the Obligations. The New Issuer hereby agrees, as of the date hereof, to assume, to be bound by and to be liable, as a primary obligor and not as a guarantor or surety, with respect to, any and all Obligations under the Indentures and the Notes on the terms and subject to the conditions set forth in the Indentures and all other obligations of the Original Issuer under the Indentures and the Notes as if it were the Original Issuer thereunder (so that from and after the date hereof, the provisions of the Indentures and the Notes referring to the Original Issuer (referred to as the “Company” in the Indentures) shall instead refer to the New Issuer).
Assumption of the Obligations. The entity surviving the merger between Meditrust and Santa Xxxxx Realty Enterprises, Inc. shall assume all of the Obligations by executing an Assignment, Assumption and Release Agreement substantially in the form attached hereto as Exhibit I.
Assumption of the Obligations. Turbotec hereby assumes the payment and performance of the obligations and liabilities of Thermo under the Loan Documents, including, without limitation, the repayment of the principal and interest due under the ELOC Notes and the Term Note, as if Turbotec were the borrower thereunder. Turbotec hereby agrees to comply with all of the terms and conditions of the Loan Documents, and further agrees that in all respects, the terms "BORROWER" in the Loan Documents shall mean and refer to Turbotec as fully and as effectually as if Turbotec was named "BORROWER" therein. The parties hereto acknowledge that this transaction is in the nature of an assumption.
Assumption of the Obligations. As of and with effect on and from the Redomestication Merger Effective Time (as defined in the Merger Agreement), PubCo hereby assumes all of the Obligations under the Warrant Agreement.
Assumption of the Obligations. Under the Deed of Trust. Construction LLC hereby assumes all of the obligations and liabilities under the Deed of Trust and covenants, promises and agrees as follows:
AutoNDA by SimpleDocs
Assumption of the Obligations. Upon delivery of the Shares, and solely by virtue of his taking possession thereof, Hafesh shall assume and thereafter be solely responsible for the payment and discharge of the Obligations. In this regard, it is the specific intent of Hafesh and the Company and they hereby agree, accept and consent that this Agreement is and shall be the legal and practical equivalent of a xxxx of sale of the Obligations from the Company to Hafesh, that after the execution of this Agreement Hafesh shall be the sole record and beneficial owner of the Obligations and the Company shall have no further duty with respect thereto.
Assumption of the Obligations. As of the date hereof, Singapore NewCo hereby assumes all of the Obligations under the Warrant Agreement.
Assumption of the Obligations. As of the closing of the Business Combination, PubCo hereby assumes all of the Obligations under the Warrant Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.