Common use of Contribution and Assignment Clause in Contracts

Contribution and Assignment. Upon the terms and subject to the conditions set forth in this Agreement, JBG Company Manager hereby contributes, grants, assigns, transfers and conveys and delivers forever to Newco Company Manager, all of JBG Company Manager’s rights, title and interest under, in and to the Contributed Interests. Newco Company Manager hereby accepts the foregoing contribution, grant, (1) Please note that this form agreement will be appropriately revised for each contribution set forth in Section 1.2 of the Transaction Agreement. assignment, transfer and conveyance of the Contributed Interests by JBG Company Manager to New Company Manager.