Common use of Assignment of Borrower General Partnership Interests Clause in Contracts

Assignment of Borrower General Partnership Interests. An assignment of the Borrower General Partnership Interest held by the Borrower Corporate General Partner in the Borrower Partnership to the Borrower LLC General Partner in such a manner as not to result in the dissolution of the Borrower Partnership, in the form of the Borrower Partnership Assignment attached hereto as Exhibit X, duly executed and delivered by the Borrower Corporate General Partner, which shall transfer such Borrower General Partnership Interest in the Borrower Partnership to the Borrower LLC General Partner free and clear of any lien, pledge, restriction, encumbrance or other claim by any third party (the "Borrower Partnership Assignment").