Common use of Contribution Transaction Clause in Contracts

Contribution Transaction. At the Closing and subject to the terms and conditions contained in this Agreement, each Contributor shall and does, effective as of the Closing, hereby assign, set over, and transfer to the Operating Partnership, absolutely and unconditionally and free and clear of all Liens, except for Permitted Liens, all of such Contributor’s right, title and interest in and to the Ownership Interests, in exchange for the consideration set forth in Section 1.02.

Contribution Transaction. At the Closing and subject to the terms and conditions contained in this Agreement, each the Contributor shall and doeshereby assigns, effective as of the Closing, hereby assign, set sets over, and transfer transfers to the Operating Partnership, absolutely and unconditionally and free and clear of all Liens, except for Permitted Liens, all of such the Contributor’s right, title and interest in and to the Ownership Interests, in exchange for the consideration set forth in Section 1.02.

Contribution Transaction. At the Closing and subject to the terms and conditions contained in this Agreement, each Contributor shall and doeshereby assigns, effective as of the Closing, hereby assign, set sets over, and transfer transfers to the Operating Partnership, absolutely and unconditionally and free and clear of all Liens, except for Permitted Liens, all of such Contributor’s its right, title and interest in and to the Ownership InterestsPLE Shares owned beneficially and of record by such Contributor, in exchange for the consideration set forth in Section 1.02.

Contribution Transaction. At the Closing and subject to the terms and conditions contained in this Agreement, each the Contributor shall and doeshereby assigns, effective as of the Closing, hereby assign, set sets over, and transfer transfers to the Operating Partnership, absolutely and unconditionally and free and clear of all Liens, except for Permitted Liens, all of such the Contributor’s 's right, title and interest in and to the Ownership Interests, in exchange for the consideration set forth in Section 1.02.