Common use of Taking Title Clause in Contracts

Taking Title. The Acquiror may designate an Affiliate which is a partnership in which Acquiror owns at least 95% of the partnership interests to take title to the Property, without the consent of the Contributor. The Acquiror may not assign its rights hereunder without the prior written consent of the Contributor. The Contributor may not assign its rights hereunder without the prior written consent of the Acquiror.