TREATMENT AS CONTRIBUTION. (a) Any transfer, assignment and exchange by the Contributor effectuated pursuant to this Agreement shall constitute a “Capital Contribution” by the Contributor to the Operating Partnership as defined in Article I of the Operating Partnership Agreement (as defined) and is intended to be governed by Section 721(a) of the Code.
Appears in 6 contracts
Samples: Contribution Agreement, Contribution Agreement (CyrusOne Inc.), Contribution Agreement (Cincinnati Bell Inc)
TREATMENT AS CONTRIBUTION. (a) Any Each transfer, assignment and exchange by the any Contributor effectuated pursuant to this Agreement shall constitute a “Capital Contribution” by the such Contributor to the Operating Partnership as defined in Article I of the Operating Partnership A&R OP Agreement (as defined) and is intended to be governed by Section 721(a) of the Code.
Appears in 3 contracts
Samples: Contribution Agreement, Contribution Agreement (City Office REIT, Inc.), Contribution Agreement (City Office REIT, Inc.)
