Assignment to the Partnership Clause Samples
Assignment to the Partnership. Each of the Withdrawing LP and the General Partner hereby transfers and assigns to the Partnership all of its right, title and interest in and related to the Apartment Complex, including the following: (a) all contracts with architects, contractors (including the Contractor and all subcontractors) and supervising architects with respect to the development of the Apartment Complex; (b) all plans, specifications and working drawings, heretofore prepared or obtained in connection with the Apartment Complex and all governmental approvals obtained, including planning, zoning and building permits; (c) any and all commitments with respect to each Project Loan and Tax Credits; (d) any and all rights under and pursuant to the Project Documents; and (e) any other work product related to the Apartment Complex. Each of the Withdrawing LP and the General Partner represent that they have good title to the property transferred and assigned pursuant to this Section 5.8 and have held such title as a nominee of the Partnership as owner of such property. The property transferred and assigned pursuant to this Section 5.8 shall not constitute a Capital Contribution inasmuch as the General Partner held such property as nominee of the Partnership.
Assignment to the Partnership. 7.01 Assignment of Contracts, etc.
Assignment to the Partnership. The General Partner hereby transfers and assigns to the Partnership all of its right, title and interest in and to the Apartment Complex, if any, including the following:
(a) all contracts with architects, contractors and supervising architects with respect to the rehabilitation and development of the Apartment Complex;
(b) all plans, specifications and working drawings, heretofore prepared or obtained in connection with the Apartment Complex and all governmental approvals obtained, including planning, zoning and building permits;
(c) any and all commitments with respect to the Mortgage Loan, the Second Mortgage Loan, the Third Loan and the Fourth Mortgage Loan; and
(d) any other work product related to the Apartment Complex.
Assignment to the Partnership. The General Partner hereby transfers and assigns to the Partnership all of its right, title and interest in and to the Apartment Complex, including the following: (i) all contracts with architects, contractors and supervising architects with respect to the construction and development of the Apartment Complex; (ii) all plans, specifications and working drawings, heretofore prepared or obtained in connection with the Apartment Complex and all governmental approvals obtained, including planning, zoning and building permits; (iii) any and all documentation with respect to the First Mortgage Loan and the Second Mortgage Loan; and
Assignment to the Partnership. Fortress may assign its Interest to the Partnership upon the Partnership delivering to the Minister a covenant in favour of the Province to observe and perform all of the obligations of Fortress ender this Agreement. In such event, reference to Fortress in this Agreement snail thereafter be deemed to refer to the Partnership, other than references to Fortress contained in Article 7.07(a) and Article 11.01(h).”;
Assignment to the Partnership