Assignment of Ownership Interest. Effective as of the Closing Date, each Contributing Partner shall grant, assign, transfer, convey and deliver to the Partnership, all of such Contributing Partner's right, title and interest in and to 100% of such Contributing Partner's Partnership Interest in the Partnership(s) free and clear of all liens, encumbrances, security interests and competing claims.
Appears in 11 contracts
Samples: Limited Partnership Unit Contribution Agreement (Insignia Financial Group Inc), Limited Partnership Unit Contribution Agreement (Insignia Financial Group Inc), Limited Partnership Unit Contribution Agreement (Insignia Financial Group Inc)
