Common use of Contribution of Contributed Assets Clause in Contracts

Contribution of Contributed Assets. The Contributors agree to contribute and transfer the Contributed Assets to the Acquiror, and the Acquiror agrees to accept transfer of the Contributed Assets pursuant to the terms and conditions set forth in this Agreement. The Contributed Assets shall be transferred to the Acquiror free and clear of all liens, encumbrances, security interests, prior assignments or conveyances, conditions, restrictions, claims, and other matters affecting title thereto.

Appears in 6 contracts

Samples: Contribution Agreement (MHI Hospitality CORP), Contribution Agreement (MHI Hospitality CORP), Contribution Agreement (MHI Hospitality CORP)

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Contribution of Contributed Assets. The Contributors agree Contributor agrees to contribute and transfer the Contributed Assets to the AcquirorAcquirer, and the Acquiror Acquirer agrees to accept transfer of the Contributed Assets pursuant to the terms and subject to the conditions set forth in this Agreement. The Except as set forth on Schedule , the Contributed Assets shall be transferred to the Acquiror Acquirer free and clear of all liens, encumbrances, security interests, voting agreements, prior assignments or conveyances, conditions, restrictions, claims, and other matters affecting title thereto.

Appears in 2 contracts

Samples: Equity Contribution Agreement, Equity Contribution Agreement (Richmond Honan Medical Properties Inc.)

Contribution of Contributed Assets. The Contributors agree Contributor agrees to contribute and transfer the Contributed Assets to the AcquirorAcquirer, and the Acquiror Acquirer agrees to accept transfer of the Contributed Assets pursuant to the terms and conditions set forth in this Agreement. The Contributed Assets shall be transferred to the Acquiror Acquirer free and clear of all liens, encumbrances, security interests, prior assignments or conveyances, conditions, restrictions, claims, and other matters affecting title thereto.

Appears in 2 contracts

Samples: Contribution Agreement (Highland Hospitality Corp), Contribution Agreement (Highland Hospitality Corp)

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Contribution of Contributed Assets. The Contributors agree Contributor agrees to contribute and transfer the Contributed Assets to the AcquirorAcquirer, and the Acquiror Acquirer agrees to accept the transfer of the Contributed Assets pursuant to the terms and conditions set forth in this Agreement. The Contributed Assets shall be transferred to the Acquiror Acquirer free and clear of all liens, encumbrances, security interests, prior assignments or conveyances, conditions, restrictions, claims, and other matters affecting title thereto.

Appears in 2 contracts

Samples: Contribution Agreement (Summit Hotel Properties, Inc.), Contribution Agreement (Summit Hotel OP, LP)

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