Assignor agrees to indemnify, defend and hold harmless Global Casinos and Assignee from any and all claims, demands and debts due under the Lease prior to the Effective Date and Global Casinos and Assignee agree to indemnify, defend and hold harmless Assignor from any and all claims, demands and debts which may become due under the Lease on or after the Effective Date 5.
Assignee agrees to hold harmless and indemnify Assignor for such liens, claims or encumbrances of any kind to which the above listed contracts are subject and which have disclosed and described by Assignor hereinabove.
This Agreement embodies the entire understanding of the parties hereto and there are no other agreements or understandings written or Contract assignment form in effect between the parties relating to the subject matter hereof unless expressly Contract assignment form to by reference herein.
This Agreement shall be governed by and construed in accordance with the laws of the State of Colorado and each of the parties hereto submits to the non-exclusive jurisdiction of the courts of the State of Colorado in connection with any disputes arising out of this Agreement.
The parties hereto will bear their separate expenses in connection with this Agreement and its performance. Assignor represents and warrants that the interest of Assignor in the contract s subject to this Assignment is free of liens, claims or encumbrances of any kind by third parties, except the following: This Assignment supercedes all prior and contemporaneous agreements and discussions of the parties hereto regarding the subject matter hereof and the contract s assigned hereby and, as written, constitutes the entire agreement of the parties.
It is the intention of the parties that in the event a court of competent jurisdiction finds that any provision or portion of this Assignment is unenforceable for any reason, the balance and remainder of this Assignment shall remain effective and enforceable to the extent possible under the circumstances then existing.
Assignee agrees to be bound by each and every provision of the Leases as if it had executed the same. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.
Assignor represents and warrants to Assignee that: This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of the successors and assigns of the parties.
From and after the date hereof, Assignee hereby assumes, covenants and agrees to keep and perform each and every obligation of Assignor under the Lease. This Assignment shall be binding upon an dinure to the benefit of Assignor and Assignee and their respective affiliates, successors, assigns, heir and devisees and legal representatives.
This Agreement may be amended or modified only by an instrument of equal formality signed by the parties or their duly authorized agents.
Facsimile signatures shall be deemed the same as originals. Subject to and concurrently with the consummation of that certain Asset Purchase and Sale Agreement dated June 14,as amended by Amendment No.CONTRACT ASSIGNMENT.
For good and valuable consideration, the sufficiency and receipt of which is hereby.
acknowledged by the. The problem of assignment in connection with this relation is the subject of the present article; and it is restricted to rights and du- ties that are created by contract. WHEREAS, Landlord has provided its written consent dated September 29, to an Assignment of said Lease by Assignor to Global Casinos, Inc.; and, WHEREAS, Landlord has provided its further written consent dated October 7, to an Assignment of said Lease by Global Casinos to Doc Holliday Casino II, LLC; and.
CONSENT TO ASSIGNMENT. _____ Agreement (the “Amended and Restated Agreement”) in form and substance acceptable to Southern which shall amend, restate and replace the Assigned Agreement. 6. Ratification. All terms, representations, warranties and covenants of. After a contract has been signed, a change in business climate or in a party’s liquidity can necessitate an assignment of that agreement.
If both of the original parties agree to the change and sign documents. However, TREC contract forms are intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use.
Mistakes in the use of a form may result in financial loss or a contract which is unenforceable.Download