Assignment And Assumption Agreement Deutsch

Prior to the granting of the authorization and steadfability order and, if necessary, the assignment order, the buyer may assign to a related enterprise all its rights and obligations under this contract, provided that the buyer (the “original buyer”) and its assignee (the “assignee”) execute an assignment and takeover agreement and deliver it to the seller who certifies it. The assignee shall, from time to time after the date of this Agreement, perform and deliver to the Buyer, at the request of the Assignor and without additional consideration, such additional redemption instruments in addition to this Transfer and Takeover Agreement, as the Assignor will reasonably require greater proof of buyer`s assumption of the commitments. . The descriptive titles contained in this Transfer and Acquisition Agreement are for the convenience of reference only and do not affect the significance or interpretation of this Transfer and Acquisition Agreement. If the original buyer delivers such an assignment and take-back agreement to the seller, the buyer has all the rights and obligations of the original buyer under this agreement, is treated as “buyer” for all purposes and in accordance with this agreement, references to the buyer are now collected from the buyer and the original buyer no longer has any obligations or obligations arising from this agreement. . . .