Ownership of Interest. The LLC owns all of the Membership Interests in --------------------- the Subsidiary free and clear of any Liens or other encumbrances which would prevent or otherwise encumber the transfer of the Membership Interests (except for those Liens shown on Schedule 5.3).
Appears in 4 contracts
Samples: Membership Interest Contribution Agreement (Cornerstone Realty Income Trust Inc), Membership Interest Contribution Agreement (Cornerstone Realty Income Trust Inc), Membership Interest Contribution Agreement (Cornerstone Realty Income Trust Inc)
Ownership of Interest. The LLC owns all of the Membership Interests in --------------------- the Subsidiary Subsidiaries free and clear of any Liens or other encumbrances which would prevent or otherwise encumber the transfer of the Membership Interests (except for those Liens shown on Schedule 5.3).
Appears in 2 contracts
Samples: Membership Interest Contribution Agreement (Cornerstone Realty Income Trust Inc), Membership Interest Contribution Agreement (Cornerstone Realty Income Trust Inc)
Ownership of Interest. The LLC owns all of the Membership Interests --------------------- in --------------------- the Subsidiary Subsidiaries free and clear of any Liens or other encumbrances which would prevent or otherwise encumber the transfer of the Membership Interests (except for those Liens shown on Schedule 5.3).
Appears in 2 contracts
Samples: Membership Interest Contribution Agreement (Cornerstone Realty Income Trust Inc), Membership Interest Contribution Agreement (Cornerstone Realty Income Trust Inc)
