Common use of Partnership Matters Clause in Contracts

Partnership Matters. The Series T Limited Units which will be part of the Total Consideration, when issued and delivered in accordance with the terms of this Agreement for the consideration described herein, will be duly and validly issued, and free of any Liens other than any Liens arising through the Contributor. 4.1.5

Appears in 2 contracts

Samples: Contribution Agreement (Lodging Fund REIT III, Inc.), Contribution Agreement (Lodging Fund REIT III, Inc.)

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Partnership Matters. The Series T Limited Units which will be part of the Total Consideration, when issued and delivered in accordance with the terms of this Agreement for the consideration described herein, will be duly and validly issued, and free of any Liens other than any Liens arising through the Contributor. 4.1.5.

Appears in 1 contract

Samples: Contribution Agreement (Lodging Fund REIT III, Inc.)

Partnership Matters. The Series T Limited Units which will be part of the Total Consideration, when issued and delivered in accordance with the terms of this Agreement for the consideration described herein, will be duly and validly issued, and free of any Liens other than any Liens arising through the Contributor. The Common Units which will be part of the Total Consideration, when issued and delivered in accordance with the terms of this Agreement for the consideration described herein, will be duly and validly issued, and free of any Liens other than any Liens arising through the Contributor. 4.1.5

Appears in 1 contract

Samples: Contribution Agreement (Lodging Fund REIT III, Inc.)

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Partnership Matters. The Series T Limited Units which will be part of the Total Consideration, when have been, or will as of the Closing be issued and delivered in accordance with the terms of this Agreement for the consideration described herein, will be duly and validly issued, and Contributor shall acquire good and valid title to the Series T Limited Units free of any Liens other than any Liens arising through the Contributor. 4.1.5.

Appears in 1 contract

Samples: Contribution Agreement (Lodging Fund REIT III, Inc.)

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