No Further Interest. Contributor acknowledges and agrees that effective upon the Closing, and without any further action by Contributor, the Contributed Interests shall be transferred, assigned and conveyed to the Operating Partnership, or a subsidiary thereof, and Contributor shall no longer be an equity holder of any of the Contributed Entities, shall no longer be entitled to receive any distributions from any of the Contributed Entities, and shall have no further right, title or interest in any of the Contributed Interests, the Contributed Entities or the Property Entities.
No Further Interest. The Seller acknowledges and agrees that effective upon the Closing, and without any further action by the Seller, the Interests shall be transferred, assigned and conveyed to the REIT and the Seller shall no longer be an equity holder of any Property Entity, shall no longer be entitled to receive any distributions from any Property Entity, and shall have no further right, title or interest in any of the Properties or the Property Entities.
No Further Interest. Developer acknowledges that after conveyance of the Developer Property to the Club, Developer shall have no claim or interest in the Developer Property, except as may be provided in this Assignment, and no further claim or interest in Vacation Credits sold by it after expiration of Developer's purchase money security interest therein.
No Further Interest. Effective on the Closing, Seller hereby confirms he has no further interest of any kind in the Purchaser, the Interest, the Stock or the Company.
No Further Interest. Other than as specifically set forth above, the Franchisee shall have no interest in the Franchised Business upon termination or expiration of this Agreement.
No Further Interest. If the Purchaser exchanges a Note in its entirety pursuant to this Section 2.09, then such Note shall be deemed to be paid in full and no further interest shall accrue thereunder.
No Further Interest. Contributor acknowledges and agrees that effective at the Closing Date, and without any further action by Contributor, the Contributed Interests shall be transferred, assigned and conveyed to the Operating Partnership, or a subsidiary thereof, and Contributor shall no longer be a direct holder of any equity interests in the Contributed Entity, shall no longer be entitled to receive any distributions from the Contributed Entity, and shall have no further right, title or interest in any of the Contributed Interests, the Contributed Entity or the Property, other than indirectly through the ownership of any OP Units.
No Further Interest. Employee acknowledges that as of the Effective Date, Employee will have no right, title or interest in or to any additional shares of or options covering the Company’s capital stock under the agreements referred to herein or any other document, instrument or arrangement with the Company.
No Further Interest. Other than as specifically set forth above, you shall have no interest in the Franchised Business upon termination or expiration of this Agreement.
No Further Interest except for the rights of Lessee conferred by this Agreement, Lessee shall not have, or claim to have, any other interest in the Aircraft or make any demands against Lessor in respect thereof.
