Common use of Contribution of Membership Interest Clause in Contracts

Contribution of Membership Interest. Contributor agrees to contribute, transfer, assign and convey the Membership Interest to Acquirer, and Acquirer agrees to acquire and accept transfer of the Membership Interest pursuant to the terms and conditions set forth in this Agreement. The Membership Interest shall be transferred to Acquirer free and clear of all liens, encumbrances, security interests, prior assignments or conveyances, conditions, restrictions, voting agreements, claims, and any other matters affecting title thereto (other than the LLC's operating agreement (the "LLC Operating Agreement")).

Appears in 12 contracts

Samples: Contribution Agreement (Columbia Equity Trust, Inc.), Contribution Agreement (Columbia Equity Trust, Inc.), Contribution Agreement (Columbia Equity Trust, Inc.)

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Contribution of Membership Interest. Each Contributor agrees to contribute, transfer, assign and convey the all of its Membership Interest Interests to Acquirer, and Acquirer agrees to acquire and accept transfer of the Membership Interest Interests pursuant to the terms and conditions set forth in this Agreement. The Membership Interest shall be transferred to Acquirer free and clear of any and all liens, encumbrances, security interests, prior assignments or conveyances, conditions, restrictions, voting agreements, claims, and any other matters affecting title thereto (other than as stated in or pursuant to the LLC's ’s operating agreement (the "LLC Operating Agreement")).

Appears in 6 contracts

Samples: Contribution Agreement (Asset Capital Corporation, Inc.), Contribution Agreement (Asset Capital Corporation, Inc.), Contribution Agreement (Asset Capital Corporation, Inc.)

Contribution of Membership Interest. Contributor agrees to contribute, transfer, assign and convey the Membership Interest to Acquirer, and Acquirer agrees to acquire and accept transfer of the Membership Interest pursuant to the terms and conditions set forth in this Agreement. The Membership Interest shall be transferred to Acquirer free and clear of all liens, encumbrances, security interests, prior assignments or conveyances, conditions, restrictions, voting agreements, claims, and any other matters affecting title thereto (other than the LLC's operating agreement (the "LLC Operating Agreement")).

Appears in 4 contracts

Samples: Contribution Agreement (Columbia Equity Trust, Inc.), Contribution Agreement (Columbia Equity Trust, Inc.), Contribution Agreement (Columbia Equity Trust, Inc.)

Contribution of Membership Interest. Contributor agrees to contribute, transfer, assign and convey the Membership Interest to Acquirer, and Acquirer agrees to acquire and accept transfer of the Membership Interest pursuant to the terms and conditions set forth in this Agreement. The Membership Interest shall be transferred to Acquirer free and clear of all liens, encumbrances, security interests, prior assignments or conveyances, conditions, restrictions, voting agreements, claims, and any other matters affecting title thereto (other than the LLC's operating agreement (the "LLC Operating Agreement")).

Appears in 1 contract

Samples: Contribution Agreement (Columbia Equity Trust, Inc.)

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Contribution of Membership Interest. Contributor agrees to contribute, transfer, assign and convey the Membership Interest to Acquirer, and Acquirer agrees to acquire and accept transfer of the Membership Interest pursuant to the terms and conditions set forth in this Agreement. The Membership Interest shall be transferred to Acquirer free and clear of all liens, encumbrances, security interests, prior assignments or conveyances, conditions, restrictions, voting agreements, claims, and any other matters affecting title thereto (other than the LLCLCC's operating agreement (the "LLC Operating Agreement")).

Appears in 1 contract

Samples: Contribution Agreement (Columbia Equity Trust, Inc.)

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