ASSIGNMENT AND ASSUMPTION OF AGREEMENTAssignment and Assumption Agreement |
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SPANISH BROADCASTING SYSTEM INC | Raul Alarcon | SBS MIAMI BROADCAST CENTER,. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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Search Assignment and Assumption Agreement by:
ASSIGNMENT AND ASSUMPTION OF AGREEMENT
For
Ten and No/100 Dollars ($10.00) and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, SPANISH BROADCASTING
SYSTEM, INC., a Delaware corporation (“Assignor”), does
hereby assign, transfer and convey unto SBS MIAMI BROADCAST CENTER, INC., a
Delaware corporation (“Assignee”), all right, title and
interest of Assignor in and to that certain Agreement for Purchase and Sale
dated August 24, 2006 (the “Agreement”) by and between
7007 PALMETTO INVESTMENTS, LLC, a Florida limited liability company (“Seller”),
and Assignor, as amended, including all deposits paid thereunder.
Assignee
joins in this Assignment for the purpose of assuming any and all of the obligations
of Assignor under the Agreement.
IN
WITNESS WHEREOF, this Assignment has been duly executed by Assignor and
Assignee as of this 25th day of October, 2006.
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Assignor: |
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Signed, sealed and
delivered |
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/s/ Juan Garcia |
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By: /s/ Raul Alarcon |
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Print Name: |
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Name: Raul Alarcon |
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Title: President & CEO |
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/s/ Ivette Davidson |
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