1.As of the Effective Date, the Assignor hereby unconditionally and irrevocably assigns the Lease and all of its right, duty title and interest thereunder to the Assignee. The Assignee hereby accepts such assignment as form the Effective Date. The Assignee shall have all of the rights and duty of Assignor under the Lease and the Assignee may substitute itself as a party to Lease in place of the Assignor.