Common use of THE ASSIGNMENT AND ACCEPTANCE Clause in Contracts

THE ASSIGNMENT AND ACCEPTANCE. Kingsmere hereby unconditionally forever assigns and transfers to the Assignee all of Kingsmere's right, title and interest in and to the Option Agreement and the Property and all benefits and advantages to be derived therefrom (the "Assignment").

THE ASSIGNMENT AND ACCEPTANCE. Kingsmere hereby unconditionally forever assigns and transfers to the Assignee all of Kingsmere's ’s right, title and interest in and to the Option Agreement and the Property and all benefits and advantages to be derived therefrom (the "“Assignment"”).