Example ContractsClausesAssignment of Contracts, Leases and Intangible Property
Assignment of Contracts, Leases and Intangible Property
Assignment of Contracts, Leases and Intangible Property contract clause examples

Assignment of Contracts, Leases and Intangible Property. A counterpart signature to the Assignment of Contracts, Leases and Intangible Property.

Property Contracts and Leases. To Seller’s knowledge, # Exhibit B hereto contains a complete list of all Property Contracts to which Seller is a party (if any). The copies of Property Contracts, and Rent Roll delivered or to be delivered to Buyer pursuant to this Agreement are or will be true, correct, and complete in all material respects as of the date of its delivery. To Seller’s knowledge, Seller is not, nor the other party thereto, in default under any of any of the Property Contracts or Leases. There are no leasing, maintenance, service, or supply agreements with respect to or affecting the Property, except the Property Contracts and the existing Management and Leasing Agreement with Manager. Except as shown on the Rent Roll (subject to the Leases), # no tenant has received or entitled to receive any rent concession in connection with its tenancy, # no tenant is entitled to receive any special work or consideration in connection with its tenancy, # no tenant is asserting in writing any claim of offset or other defense in respect of its or the landlord's obligations under its lease. In addition, there are no leases, license agreements, occupancy agreements or tenancies (written or oral) for any space in the Property other than those leases set forth on the Rent Roll and there are no adverse parties or other parties in possession of the Property except for the tenants set forth therein and their guests. The Rent Roll sets forth the true, correct and complete amount of tenant Security Deposits held by Seller in connection with the Leases. Seller has not entered into, as of the date hereof, any leases, contracts, subcontracts, licenses, concessions, easements, or other agreements, either recorded or unrecorded, written or oral, affecting the Property, or any portion thereof or the use thereof other than those delivered to Buyer as part of the documents delivered or to be delivered by Seller as set forth on Exhibit C attached hereto (“Seller Deliverables”) or as disclosed on the Rent Roll.

Assignment of Leases and Contracts. For good and valuable consideration, Seller hereby assigns, transfers, sets over and conveys to Purchaser, and Purchaser hereby accepts the following:

Assignment of Intangible Property. An assignment by Seller to Purchaser of Intangible Property, substantially in the form of Exhibit K.

Contracts, Leases and Intangible Property. Title to the Contracts (to the extent Purchaser does not elect to terminate such Contracts in accordance with [Section 7(a)]), the Cell Tower Leases and the Intangible Property shall be assigned by Seller to Purchaser by an assignment of contracts, leases and intangible property (the “Assignment of Contracts, Leases and Intangible Property”), in the form attached hereto as Exhibit G. Notwithstanding anything herein to the contrary, and for the avoidance of doubt, Purchaser and Seller acknowledge and agree that # Purchaser shall be required to assume all such contracts, leases and intangible property that Purchaser does not elect to terminate and # it is the parties’ mutual desire and intent that Seller shall be released from all of its obligations and liabilities under any such contracts, leases and/or intangible property agreements in connection with the foregoing Assignment of Contracts, Leases and Intangible Property from and after Closing.

Assignment of Leases and Contracts. For good and valuable consideration, Seller hereby assigns, transfers, sets over and conveys to Purchaser, and Purchaser hereby accepts and assumes the obligations of Seller under the following to the extent arising or accruing on and after the date hereof:

Assignment of Contracts, Leases and Intangible Property. The Assignment of Contracts, Leases and Intangible Property, in the form attached hereto as Exhibit G, assigning the Contracts to the extent Purchaser does not elect to terminate such Contracts in accordance with [Section 7(a)], and the Intangible Property to Purchaser.

Bill of Sale and Assignment of Contracts. A bill of sale and assignment of contracts and leases (the “Assignment”), executed and acknowledged by Seller, vesting in Purchaser good title to the Tangible Personal Property and Intangible Personal Property and assigning to Purchaser any Accepted Service Contracts;

#two (2) duly executed counterparts of an Assignment and Assumption of Leases, Service Contracts, Warranties and Other Intangible Property in the form attached hereto as [Exhibit E] pursuant to the terms of which Buyer shall assume all of Seller’s obligations under the Leases, Service Contracts, and other documents and agreements affecting the Property (the “Assignment of Leases”);

Exhibit # Assignment of Leases, Service Contracts, Warranties and Other Intangible Property

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