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Fill and Sign the Agreement Assign 497331932 Form

Fill and Sign the Agreement Assign 497331932 Form

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Agreement to Assign by Lessee Agreement made on the __________________ (date) , between _______________________ (Name of Assignor) of ___________________________ _______________________________________________________ (street address, city, state, zip code) , referred to herein as Assignor , and _______________________ (Name of Assignee) , of __________________________________________________ __________________________ (street address, city, state, zip code) , referred to herein as Assignee . Whereas, Assignor entered into a Lease Agreement, as Lessee, with ____________________ (Name of Lessor) of ________________________________ _______________________________________________ (street address, city, state, zip code) , hereinafter called Lessor ; and Whereas, a copy of the Lease Agreement, dated __________________ (date) is attached to this Agreement as Exhibit A; and Whereas, Assignee desires to assume all rights, duties, and liabilities that Assignor has under the Lease Agreement, including the use of the demised premises and the payment of rent to Lessor. In consideration of the matters described above and of the mutual benefits and obligations set forth in this Agreement, the parties agree as follows: 1. Assignor will assign and transfer to Assignee the Lease Agreement between Assignor and Lessor, which commenced on __________________ (date) and terminates on _________________ (date) , covering the demised premises described as follows: (description of premises) ______________________________________ ______________________________________________________________________ _____________________________________________________________________. 2. The Assignment will be subject to all terms and conditions contained in the Lease Agreement, and the premises will be used by Assignee for the business of (description of business) __________________________________________________________ _____________________________________________________________________. 3. Assignor will transfer to prospective Assignee all assignable licenses which are currently used in connection with the Business. 4. Assignee will assume all rights, duties, and liabilities of the Lease Agreement to be performed by Assignor, including the duty to pay all rental and other charges required under the provisions of the Lease Agreement. Assignee will hold prospective Assignor harmless from any damages or expenses incurred by Assignor after the effective date of this Assignment under the Lease Agreement provisions. 5. If Assignee should decide to surrender the Lease Agreement to Lessor during its term, Assignee shall advise Assignor of that determination and intention prior to any surrender in order that Assignor may, if desired, assume the Lease Agreement for the remainder of its term. Assignor will notify Assignee of the intention to take over the premises or the refusal to do so. On refusal by Assignor, Assignee may proceed to surrender the premises. 6. Said Assignment shall be made on or before __________________ (date) . WITNESS our signatures as of the day and date first above stated. ________________________ _________________________ (P rinted Name Assignor) (P rinted Name of Assignee) ________________________ _________________________ (Signature of Assignor) (Signature of Assignee) ________________________ (P rinted Name Lessor) ________________________ (Signature of Lessor)

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