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This form is an Assumption Agreement. The form provides that the grantee will assume a lien on property described in the agreement. The assumption will become effective on the date provided in the agreement.
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Administrative Agent and their respective successors and assigns: (a). Plan pursuant to that certain Partial Assignment and Assumption Agreement dated as of.March 7, 2016 ("Partial Assignment"). D. Assignor now desires to assign the Agreement to the CITY, and CITY desires to assume the role of Buyer in the Agreement. Assignment and Assumption. THIS ASSIGNMENT AND ASSUMPTION (the "Assignment") dated as of.
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Assignment And Assumption Agreement Example In Alameda