Valid Consideration. The Units, when issued in accordance with this Agreement and the Partnership Agreement of Operating Partnership, will be duly and validly issued, and the issuance thereof will not be subject to preemptive or other similar rights.
Appears in 7 contracts
Sources: Agreement for Contribution of Interests (Vornado Realty Trust), Agreement for Contribution of Interests (Vornado Realty Trust), Agreement for Contribution of Interests (Vornado Realty Trust)
Valid Consideration. The Units, when issued in accordance with this Agreement and the Partnership Operating Agreement of Operating Partnership, will shall be duly and validly issued, fully paid and nonassessable, and the issuance thereof will shall not be subject to preemptive or other similar rights.
Appears in 1 contract
Sources: Agreement for Contribution of Interests (Mendik Co Inc)