Ownership of the Properties. (a) Except as set forth on Schedule 4.04(a)(i), each Initial Property Owner that owns any of the Property that is designated as owned real property in Exhibit A hereto has good and marketable title in fee simple to such Property free and clear of all Liens, except Permitted Liens. No Person has any right or option to acquire all or any portion of any Property, other than the Operating Partnership pursuant to this Agreement, except as set forth on Schedule 4.04(a)(ii).
Appears in 5 contracts
Samples: Contribution Agreement, Contribution Agreement (City Office REIT, Inc.), Contribution Agreement (City Office REIT, Inc.)
Ownership of the Properties. (a) Except as set forth on Schedule 4.04(a)(i), each the Initial Property Owner that owns any of the Property that is designated as owned real property in Exhibit A hereto has good and marketable title in fee simple to such the Property free and clear of all Liens, except Permitted Liens. No Person has any right or option to acquire all or any portion of any the Property, other than the Operating Partnership pursuant to this Agreement, except as set forth on Schedule 4.04(a)(ii).
Appears in 3 contracts
Samples: Contribution Agreement (City Office REIT, Inc.), Contribution Agreement (City Office REIT, Inc.), Contribution Agreement (City Office REIT, Inc.)
