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ASSIGNMENT, ASSUMPTION & DELEGATION

Read the WARNING! first. Warning

ASSIGNMENT, ASSUMPTION & DELEGATION

 

  1. Assignment. For valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Assignor hereby assigns, sets over and transfers to Assignee, the __________. Assignee hereby accepts this assignment.
     
  2. Assumption. Assignee hereby assumes each and every duty and obligation of Assignor imposed on Assignor pursuant to the terms of the __________.
     
  3. Delegation of Duties. Assignor hereby delegates all duties and obligations, to be performed by Assignor pursuant to the terms of the __________, to Assignee. Assignee hereby accepts this delegation.

 

 

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