Common use of Contribution Transaction Clause in Contracts

Contribution Transaction. At the Closing (as defined in Section 2.2 herein) and subject to the terms and conditions contained in this Contribution Agreement, the Contributor shall transfer to the Operating Partnership, absolutely and unconditionally, all of the Interest (as such term is defined in Recital A herein). The contribution of the Contributor's Interest shall be evidenced by a "CONTRIBUTION AND ASSUMPTION AGREEMENT" in substantially the form of EXHIBIT "A" attached hereto. The parties shall take such additional actions and execute such additional documentation as may be required by the agreement of limited partnership dated as of January 18, 1987 of the Partnership (the "PARTNERSHIP AGREEMENT") in order to effect the transactions contemplated hereby.

Contribution Transaction. At the Closing (as defined in Section 2.2 herein) and subject to the terms and conditions contained in this Contribution Agreement, the Contributor shall transfer to the Operating Partnership, absolutely and unconditionally, all of the his Interest (as such term is defined in Recital A B herein). The contribution of the Contributor's Interest shall be evidenced by a "CONTRIBUTION AND ASSUMPTION AGREEMENT" in substantially the form of EXHIBIT "A" attached hereto. The parties shall take such additional actions and execute such additional documentation as may be required by the agreement of limited partnership dated as of January 18, 1987 of the Partnership (the "PARTNERSHIP AGREEMENT") and the agreement of 5 limited partnership dated as of March 24, 1997 of the Operating Partnership (the "OP AGREEMENT") in order to effect the transactions contemplated hereby.

Contribution Transaction. At the Closing (as defined in Section 2.2 herein) and subject to the terms and conditions contained in this Contribution Agreement, the Contributor shall transfer to the Operating Partnership, absolutely and unconditionally, all of the its Interest (as such term is defined in Recital A herein). The contribution of the Contributor's Interest shall be evidenced by a "CONTRIBUTION AND ASSUMPTION AGREEMENT" in substantially the form of EXHIBIT "A" attached hereto. The parties shall take such additional actions and execute such additional documentation as may be required by the agreement of limited partnership dated as of January 18, 1987 of the Partnership (the "PARTNERSHIP AGREEMENT") and the agreement of limited partnership dated as of March 24, 1997 of the Operating Partnership (the "OP AGREEMENT") in order to effect the transactions contemplated hereby.