Common use of Contribution Transaction Clause in Contracts

Contribution Transaction. At the Closing, the Contributor shall contribute, transfer, assign, convey and deliver to the Operating Partnership, and the Operating Partnership shall assume, absolutely and unconditionally and free and clear of all Liens other than Permitted Exceptions, but without recourse, representation or warranty except as expressly set forth herein, all of Contributor’s undivided right, title and interest in and to the Property and the obligations with respect thereto. The contribution of the Property shall be evidenced by the Transfer Documents (as defined below).

Appears in 1 contract

Samples: Contribution Agreement (Independence Realty Trust, Inc)

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Contribution Transaction. At the ClosingClosing (as defined below), the Contributor Contributors shall contribute, transfer, assign, convey and deliver to the Operating Partnership, and the Operating Partnership shall assume, absolutely and unconditionally and free and clear of all Liens other than Permitted ExceptionsLiens, but without recourse, representation or warranty except as expressly set forth hereinprovided below in Section 1.3, all of Contributor’s undivided the Contributors’ right, title and interest in and to the Property Interests and the obligations with respect thereto. The contribution of the Property Interests shall be evidenced by the Transfer Documents (as defined below).

Appears in 1 contract

Samples: Contribution Agreement (NexPoint Real Estate Finance, Inc.)

Contribution Transaction. At the Closing, the each Contributor shall contribute, transfer, assign, convey and deliver to the Operating Partnership, and the Operating Partnership shall assume, absolutely and unconditionally and free and clear of all Liens other than Permitted Exceptions, but without recourse, representation or warranty except as expressly set forth herein, all of Contributor’s undivided right, title and interest in and to the Contributor’s Property and the obligations with respect thereto. The contribution of the each Property shall be evidenced by the Transfer Documents (as defined below).

Appears in 1 contract

Samples: Contribution Agreement (Independence Realty Trust, Inc)

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Contribution Transaction. At the Closing, the each Contributor shall contribute, transfer, assign, convey and deliver to the Operating Partnership, and the Operating Partnership shall assume, absolutely and unconditionally and free and clear of all Liens other than Permitted Exceptions, but without recourse, representation or warranty except as expressly set forth herein, all of Contributor’s undivided Contributors’ right, title and interest in and to the Property and the obligations with respect thereto. The contribution of the Property shall be evidenced by the Transfer Documents (as defined below)Documents.

Appears in 1 contract

Samples: Contribution Agreement (Independence Realty Trust, Inc)

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