Debt Assumption Agreement Sample Contracts

Blue Dolphin Energy Company – Debt Assumption Agreement (November 16th, 2017)

This DEBT ASSUMPTION AGREEMENT (this "Agreement"), dated effective as of September 18, 2017 (the "Effective Date"), is by and among Lazarus Energy Holdings, LLC, a Delaware limited liability company ("LEH"), Lazarus Energy, LLC, a Delaware limited liability company ("LE"), and John H. Kissick, whose address is c/o Ares Management, LLC, 2000 Avenue of the Stars, 12th Floor, Los Angeles, California 90067 ("Kissick").

Sirrus Corp. – Debt Assumption Agreement (October 20th, 2016)

THIS DEBT ASSUMPTION AGREEMENT (hereinafter referred to as the "Agreement") is made as of October 14, 2016,by and between Sirrus Corp., a Nevada corporation (hereinafter referred to as the "Delegator" or the "Company"), Linux Labs Technologies Inc., a Georgia corporation (hereinafter referred to as the "Delegatee"), and Ahmed Guled (hereinafter referred to as the "Obligee," and together with the Delegator and Delegatee, the "Parties" and each a "Party"). Terms not otherwise defined herein shall have the meanings ascribed to them in that certain Stock Purchase Agreement, dated October 14, 2016 (the "Stock Purchase Agreement", by and among the Parties.

Aureus – Debt Assumption Agreement (October 2nd, 2015)

THIS DEBT ASSUMPTION AGREEMENT (hereinafter referred to as the "Agreement") is made as of September 30, 2015, by and between Aureus Incorporated, a Nevada corporation (hereinafter referred to as the "Delegator" or the "Company"), Maverick, LLC, a Nevis limited liability company (hereinafter referred to as the "Delegatee"), and Dong Gu Kang and Min Jung Kang (hereinafter referred to as the "Obligee," and together with the Delegator and Delegatee, the "Parties" and each a "Party"). Terms not otherwise defined herein shall have the meanings ascribed to them in that certain Stock Purchase Agreement, dated September 30, 2015 (the "Stock Purchase Agreement"), by and among the Parties.

Golden Queen Mining Co Ltd – Golden Queen Mining Holdings Inc. Unit Issuance and Debt Assumption Agreement (September 16th, 2014)

This Unit Issuance and Debt Assumption Agreement (Agreement) is entered into as of September 11, 2014 by and among Golden Queen Mining Holdings, Inc., a California corporation (GQ Holdco), Golden Queen Mining Company, LLC, a California limited liability company (GQ California), and Golden Queen Mining Co. Ltd., a British Columbia corporation (Golden Queen).

Asset Purchase and Debt Assumption Agreement (February 6th, 2014)

THIS ASSET PURCHASE AND DEBT ASSUMPTION AGREEMENT (together with the exhibits and schedules attached hereto, this "Agreement") is dated as of the ___ day of February, 2014

Debt Assumption Agreement (February 24th, 2010)

This DEBT ASSUMPTION AGREEMENT (this "Agreement") is made and entered into as of February 22, 2010, by and between Accountabilities, Inc., a Delaware corporation (the "Company") and Tri-State Employment Services, Inc., a Nevada corporation ("Tri-State").

Amico Games Corp. – Share Cancellation and Debt Assumption Agreement (January 4th, 2010)
Asset Assignment and Debt Assumption Agreement (February 20th, 2009)
Debt Assumption Agreement (January 7th, 2008)

THIS DEBT ASSUMPTION AGREEMENT, dated effective as of December 31, 2007, 1:02 p.m. Central Standard Time is between Entergy Texas, Inc., a Texas corporation (hereinafter either called the "Assumption Party" or "ETI") and Entergy Gulf States Louisiana, Inc., a Texas corporation formerly known as Entergy Gulf States, Inc. (hereinafter called "EGSI" or "EGSL").

Penn Octane Cp – Debt Assumption Agreement (August 20th, 2007)

THIS DEBT ASSUMPTION AGREEMENT (the Agreement) made as of the 26th day of July, 2007, by and between Rio Vista Energy Partners L.P., a Delaware limited partnership (Parent) and Regional Enterprises, Inc., a Virginia corporation (Merger Sub).

Central Energy Partners Lp – Debt Assumption Agreement (August 20th, 2007)

THIS DEBT ASSUMPTION AGREEMENT (the Agreement) made as of the 26th day of July, 2007, by and between Rio Vista Energy Partners L.P., a Delaware limited partnership (Parent) and Regional Enterprises, Inc., a Virginia corporation (Merger Sub).