Assignment and Assumption of Agreement Sample Clauses

Assignment and Assumption of Agreement. Concurrently with any Change in Control event or a business combination that may impact the legal implications of this Agreement, the Company, TTEC Parent shall cause any successor or transferee to assume unconditionally, by written instrument delivered to Employee, all of the obligations of the Company and TTEC Parent hereunder. Failure of the Company or TTEC Parent to obtain such assumption prior to the effectiveness of any Change in Control event or other business combination, shall be a breach of this Agreement and shall constitute Good Reason entitling the Employee to resign, within thirty (30) calendar days of consummation of such Change of Control event or business combination, and receive compensation and benefits as provided in Paragraph 6(i).
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Assignment and Assumption of Agreement. Assignor hereby assigns to Assignee the Agreement and all sums paid or deposited into escrow by Assignor in connection with the Agreement, together with all rights and privileges thereunder, subject to the terms and conditions of the Agreement. Assignee hereby accepts the assignment and agrees to comply with and be bound by all the terms and conditions of the Agreement, and to assume and fulfill all of the obligations and liabilities of the “Purchaser” under the Agreement.
Assignment and Assumption of Agreement. This Assignment and Assumption of Agreement (“Assignment”) is made and entered into as of the day of , 20 by and between (“Assignor”), {and} {as successor in interest to} (“Assignee”).
Assignment and Assumption of Agreement. Subject to the terms and conditions herein, Buyer does hereby sell, assign, transfer and convey to Harvest all of the right, title and interest of Buyer in, to the Agreement, together with any other rights, privileges and benefits belonging to or held by Buyer thereunder, and Harvest hereby agrees to assume the Agreement and to pay, perform, and cause to be paid or performed, and otherwise to discharge or cause to be discharged, all debts, duties and other obligations of Buyer thereunder (collectively, the “Agreement Assignment”).
Assignment and Assumption of Agreement. This Agreement shall be binding upon the parties hereto and inure to the benefit of such parties, their respective heirs, representatives, successors and permitted assigns. This Agreement may not be assigned by the Employee nor may it be assigned by the Company without the Employee's consent.
Assignment and Assumption of Agreement. Pursuant to 8.1 of the Agreement, Assignor hereby assigns, transfers and conveys to Assignee all of Assignor’s right, title and interest in, and delegates to Assignee all of Assignor’s duties, undertakings, agreements, obligations and covenants under, the Agreement with respect to the Property, and Assignee hereby accepts such assignment, transfer and conveyance of the Agreement with respect to the Property, and hereby assumes and agrees to be bound by and to perform and observe all of the duties, undertakings, agreements, obligations and covenants under the Agreement with respect to the Property that are to be performed by Assignor thereunder in accordance with the terms of the Agreement.
Assignment and Assumption of Agreement. THIS ASSIGNMENT AND ASSUMPTION OF AGREEMENT (this "Assignment") is made this 19th day of October, 2021 (the "Effective Date"), by and between Iron Star Wind Project, LLC, a Delaware limited liability company ("Assignor") and Santa Fe Wind Project, LLC, a Delaware limited liability company ("Assignee"). Assignor and Assignee are sometimes individually referred to as a "Party" and collectively, as the "Parties." Missouri Joint Municipal Electric Utility Commission joins in the execution of this Assignment solely for the purpose of evidencing its acknowledgment and acceptance of the terms hereof.
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Assignment and Assumption of Agreement. Effective as of the date hereof, Purchaser does hereby assign, sell, transfer and convey to Assignee all of its right, title and interest in and to the Agreement. Assignee does hereby assume and shall subsequently discharge and perform when lawfully due the obligations of Assignee under the Agreement from and after the date hereof. Each of the Purchaser and Assignee shall execute such documents and other instruments and perform such further acts, as may be reasonably required or desirable to effect the provisions of this Section 7 and the transactions contemplated hereby. The assumption by Assignee of the rights and obligations as herein provided is not intended by the Purchaser or the Assignee to expand the rights or remedies of any third party against Assignee as compared to the rights and remedies which such third party would have had against the Purchaser had Assignee not consummated the transactions contemplated by the Agreement. Assignee shall have all rights that Purchaser may have, or have had, to defend or contest any third party claim or demand.
Assignment and Assumption of Agreement. On the terms and subject to the conditions set forth herein, Kodak hereby assigns, conveys, sells and transfers to Buyer, effective as of Closing, and Buyer purchases and accepts from Kodak, effective as of Closing, all of Kodak’s right, title and interest in and to the Assigned Contract. Buyer will assume, pay, discharge and perform when due all liabilities and obligations under the Assigned Contract arising and relating to a period, event or circumstance on or after Closing (other than a liability arising from any breach by Kodak that occurred prior to Closing) (the “Assumed Liabilities”). Except for the Assumed Liabilities and all claims, obligations or liabilities related to the ownership of the Assigned Patents after Closing, Buyer does not assume, nor will it be liable for, any claims, obligations or liabilities of Kodak.
Assignment and Assumption of Agreement. An agreement for the assignment and assumption (but not novation) of Buyer's rights and obligations under this Agreement to Fargo, in accordance with Section 15.4 hereof, in form and substance reasonably acceptable to counsel for Company and Shareholder.
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