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name: Assumption

Assumption. Assignee accepts said assignment and assumes all obligations on the part of the Assignor under the Leases first arising or accruing on or after the date of this Assignment.
Assumption. The Company shall require any successor or assignee (whether direct or indirect, by purchase, merger, consolidation, or otherwise) to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession or assignment had taken place.
ASSUMPTION. The Bank shall require any successor in interest (whether direct or indirect or as a result of purchase, merger, consolidation, Change in Control or otherwise) to all or substantially all of the business and/or assets of the Corporation or the Bank to expressly assume and agree to perform the obligations under this Agreement.
ASSUMPTION. Subject to Section 7, the terms and conditions of any outstanding Options granted pursuant to this Plan shall be assumed by, be binding upon and shall inure to the benefit of any successor corporation to the Corporation and shall, to the extent applicable, continue to be governed by the terms and conditions of this Plan. Such successor corporation may, but shall not be obligated to, assume this Plan.
Assumption. Assignee hereby accepts the assignment of the Subject Partnership Interest, agrees to be bound by the terms of the Partnership Agreement, and assumes the performance of all of the obligations of Assignor under the Partnership Agreement to the extent related to the Subject Partnership Interest first arising or accruing on and after the date of this Assignment and Assumption of Partnership Interest (including, without limitation, obligations under contracts, leases and other agreements entered into by the Partnership prior to date hereof, to the extent such obligations relate to the period commencing on the date hereof).
Assumption. Subject to the further terms of this Agreement, effective on the date hereof, Purchaser, for itself and its successors and assigns, hereby covenants and agrees to assume, and hereby does assume, and agrees to discharge, perform, and observe, and to indemnify, defend, and hold Seller harmless from and against the obligations of Seller, as and to the extent arising from and after the date hereof, or pertaining to any period subsequent to the date hereof, as are listed or described on Schedule B, attached hereto and made a part hereof (the "Assumed Liabilities").
Assumption. The Company shall require any successor in interest (whether direct or indirect or as a result of purchase, merger, consolidation, Change in Control or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume and agree to perform the obligations under this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place.
ASSUMPTION. If the Company is at any time before or after a Change of Control merged with or consolidated into or with any other corporation or other entity (whether or not the Company is the surviving entity), or if substantially all of the assets of the Company are transferred to another corporation or other entity, the corporation or other entity resulting from such merger or consolidation, or the acquirer of such assets, shall (by agreement in form and substance satisfactory to Executive) expressly assume the obligations of the Company under this Agreement. In any event, however, the provisions of this Agreement shall be binding upon and inure to the benefit of the corporation or other entity resulting from such merger or consolidation or the ...
ASSUMPTION. For and in consideration of the assignment of rights by the Assignor set forth in Section 2 hereof and the other consideration set forth herein, and effective as of the Effective Date, the Assignee does hereby accept that assignment, and assume and covenant and agree fully, completely and timely to perform, comply with and discharge, each and all of the obligations, duties and liabilities of the Assignor under the Credit Agreement which are assigned to the Assignee hereunder, which assumption includes, without limitation, the obligation to fund the unfunded portion of the Aggregate Commitment in accordance with the provisions set forth in the Credit Agreement as if the Assignee were a "Bank" under the Credit Agreement with of he Aggregate ...
Assumption. Assignee hereby accepts such assignment and assumes all obligations of the "Lessor" under the Lease arising from and after the date hereof.
Assumption. This Agreement shall inure to the benefit of, and be binding upon, the successors and assignees of the Company and each Employer. The Company and each Employer shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Company or any Employer, expressly and unconditionally to assume and agree to perform the Company's obligations or such Employer's obligations under this Agreement.
Assumption. Buyer hereby assumes and agrees to perform the obligations of Seller to be performed under the Transferred Agreements from and after the Closing Date.
Assumption. The Acceding Noteholder hereby expressly assumes and agrees, with effect from and after the date hereof, to perform and observe each and every one of the covenants, conditions, obligations, duties and liabilities applicable to a "Noteholder" under the Appointment Agreement, jointly and severally with all other Noteholders under the Appointment Agreement, as if the Acceding Noteholder had been an original party thereto. All references to any Noteholder in any Note Document or any document, instrument or agreement executed and delivered or furnished in connection therewith shall be deemed to be and include references to the Acceding Noteholder.
ASSUMPTION. Any proposed assignee shall execute and deliver to Landlord an assumption of this Lease in form and content reasonably acceptable to Landlord. In the event of any assignment, Tenant shall not be released thereby.
Assumption. Panda hereby assumes all obligations and liabilities of, and succeeds to the rights of, PEC under the Loan Agreement, the Stock Pledge Agreement, as amended (other than those obligations imposed on PEC pursuant to Amendment No. 2 to the Stock Pledge Agreement), and each of the other Transaction Documents and hereby joins in the Transaction Documents to which PEC is a party for the purpose of agreeing to (a) be bound by all covenants and agreements attributable to PEC under the Transaction Documents, (b) perform all obligations required of PEC under the Transaction Documents and (c) grant the Liens provided for in the Collateral Security Documents to which PEC is a party. Without limiting the foregoing, Panda hereby (i) makes each of the ...
ASSUMPTION. Assignee hereby accepts such assignment and hereby agrees to assume, and does assume, the due and full performance of the obligations of the Assignor under or pursuant to the Supply Agreement and the License Agreement accruing on or after the date of this Agreement, but not before, insofar as such obligations relate to the rights assigned by Assignor to Assignee hereunder.
Assumption. Copperstate agrees to assume primary liability for the payment of (i) the obligations set forth on Exhibit "A" attached hereto, which obligations are currently reflected as liabilities on EMCO's balance sheet, and (ii) the liabilities arising under the Equity Claim.
ASSUMPTION. Assignee hereby, and immediately prior to the consummation of the transactions contemplated by the Transfer Agreements, assumes and agrees to pay, perform, or otherwise satisfy and discharge any and all debts, obligations and liabilities of the Assignor under or with respect to any of the Assigned Agreements, arising prior to or after the date hereof.
Assumption. Buyer hereby fully and completely assumes each and every obligation of Seller which is to be performed under the Leases accruing from and after the date hereof. Buyer agrees that Buyer shall fully pay, perform and observe all of such obligations accruing from and after the date hereof.