Examples of Assignment and Assumption Agreement in a sentence
The Termination, the Conversion and the Ventas Purchase Option Assignment shall occur immediately upon the receipt by the Administrative Agent of the amounts described in the immediately preceding sentence and no Assignment and Assumption Agreement shall be required in connection with such assignment.
The Ventas Purchase Option Assignment shall occur immediately upon the receipt by the Administrative Agent of the amounts described in the immediately preceding sentence and no Assignment and Assumption Agreement shall be required in connection with such assignment.
The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption Agreement, together with a processing and recordation fee in the amount of $3,500 (except in the case of a transfer at the demand of the Borrowers under Section 13.14 hereof, in which case the Borrowers shall pay such fee); provided, however, that the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment.
EXHIBIT B Form of Assignment and Assumption Agreement ASSIGNMENT AND ASSUMPTION OF REAL ESTATE OPTION AGREEMENT THIS ASSIGNMENT AND ASSUMPTION OF REAL ESTATE OPTION AGREEMENT (this “Assignment”) is made and entered into as of , 2023 (the “Effective Date”), by and between MERCER COUNTY SOLAR PROJECT, LLC, a Delaware limited liability company (“Assignor”) and KENTUCKY UTILITIES COMPANY, a Kentucky corporation (“Assignee”).
By: Name: Title: 2 Remove consent if transfer is to a Qualified Transferee as defined in the Note and the text bracketed and footnoted 1 on the first page of this Assignment and Assumption Agreement is being included.