Common use of Contribution of Contributed Interests Clause in Contracts

Contribution of Contributed Interests. At the Closing and subject to the terms and conditions contained in this Agreement, the Contributors shall contribute, transfer, assign, convey and deliver to the Operating Partnership, and the Operating Partnership shall acquire and accept, all right, title and interest held by the applicable Contributor in the Contributed Interests (other than Excluded Assets) directly, free and clear of all Liens.

Appears in 4 contracts

Samples: Contribution Agreement (Empire State Realty Trust, Inc.), Contribution Agreement (Empire State Realty Trust, Inc.), Contribution Agreement (Empire State Realty Trust, Inc.)

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Contribution of Contributed Interests. At Conditioned upon and effective concurrently with the Closing Closing, and subject to the terms and conditions contained in this Agreement, the Contributors shall hereby contribute, transfer, assign, convey set over, deliver, and deliver transfer to the Operating Partnership, Partnership absolutely and the Operating Partnership shall acquire unconditionally and accept, all right, title and interest held by the applicable Contributor in the Contributed Interests (other than Excluded Assets) directly, free and clear of all Liens (other than Permitted Liens), all of their right, title, and interest in and to the Contributed Interests.

Appears in 1 contract

Samples: Contribution Agreement (Industrial Income Trust Inc.)

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