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ASSIGNMENT AND ASSUMPTION AGREEMENT

Assignment and Assumption Agreement

ASSIGNMENT AND ASSUMPTION AGREEMENT | Document Parties: SHONAC CORPORATION | DSW SHOE WAREHOUSE,INC., You are currently viewing:
This Assignment and Assumption Agreement involves

SHONAC CORPORATION | DSW SHOE WAREHOUSE,INC.,

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Title: ASSIGNMENT AND ASSUMPTION AGREEMENT
Date: 5/12/2005
Industry: Retail (Department and Discount)     Sector: Services

ASSIGNMENT AND ASSUMPTION AGREEMENT, Parties: shonac corporation , dsw shoe warehouse inc.
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                                                                 EXHIBIT 10.58.1

 

                       ASSIGNMENT AND ASSUMPTION AGREEMENT

 

      This Agreement is made this 28 day of February, 2005, between SHONAC

CORPORATION, an Ohio corporation having its principal offices located at 4150

East Fifth Avenue, Columbus, Ohio 43219 ("Assignor") and DSW SHOE WAREHOUSE,

INC., a Missouri corporation having its principal offices located at 4150 East

Fifth Avenue, Columbus, Ohio 43219 ("Assignee").

 

                                     RECITALS

 

      WHEREAS, Assignor is the Tenant under a certain lease dated September 24,

2004 by and between Assignor and K&S Maple Hill Mall, L.P., a Delaware limited

partnership ("Landlord"), relative to approximately 26,083 square feet of real

property located in a certain shopping center known as Maple Hill Mall,

Kalamazoo, Michigan (the "Lease"); and

 

      WHEREAS, Assignee is a wholly owned subsidiary of Assignor.

 

                                    AGREEMENT

 

       NOW, THEREFORE, for good and valuable consideration, receipt of which is

hereby acknowledged, the parties agree as follows:

 

1.     Assignor hereby sells, assigns, and conveys to Assignee all of Assignor's

rights, title, and interest under the Lease.

 

2.     Assignee hereby accepts this assignment and agrees to perform all

obligations for which the Tenant is responsible under the Lease.

 

3.     Assignor warrants that the Lease is in full force and effect, that neither

Assignor nor Landlord is in breach thereof or in default thereunder, that the

Lease has not been modified or amended, except as stated above, and that the

Lease is valid and enforceable. Assignor further warrants that it has not

previously assigned the Lease or sublet the Premises, t


 
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