Contributed Interest Sample Clauses

Contributed Interest. Subject to the terms and conditions of that certain Rollover Contribution Agreement by and between ▇▇▇▇▇’▇ Seller and ANC ▇▇▇▇▇’▇ in the form attached hereto as Exhibit A (the “Operating Contribution Agreement”), at the Closing, ▇▇▇▇▇’▇ Seller shall convey, transfer, assign and deliver to ANC ▇▇▇▇▇’▇, and ANC ▇▇▇▇▇’▇ shall receive from ▇▇▇▇▇’▇ Seller, an undivided 40.716% interest (the “Contributed Assets”) in the ▇▇▇▇▇’▇ Assets, free and clear of any and all Encumbrances other than Permitted Encumbrances, in exchange for equity securities of ANC ▇▇▇▇▇’▇ in a transaction intended to qualify as a tax free transaction under Section 721 of the Code, as more specifically described in the Operating Contribution Agreement.
Contributed Interest. Subject to the terms and conditions of that certain Rollover Contribution Agreement by and between Seller and ANC Green Solutions - Potter’s, LLC (“ANC Potter’s”) in the form attached hereto as Exhibit A (the “Contribution Agreement”), at the Closing, Seller shall convey, transfer, assign and deliver to ANC Potter’s, and ANC Potter’s shall receive from Seller, an undivided 40% interest (the “Contributed Assets”) in the Acquired Assets, free and clear of any and all Encumbrances other than Permitted Encumbrances, in exchange for equity securities of ANC Potter’s in a transaction intended to qualify as a tax free transaction under Section 721 of the Code, as more specifically described in the Contribution Agreement.