Ownership of Equity Interests. Seller has good title to, holds of record, and owns beneficially the Equity Interests free and clear of any Liens other than transfer restrictions imposed thereon by applicable securities Law, the Existing Loans, the JV Agreements and the Property Leases. Upon consummation of the transactions contemplated by this Agreement, Buyer will own the Equity Interests free and clear of all Liens other than (i) transfer restrictions imposed thereon by applicable securities Laws, the Assumed Existing Loans and the Property Leases and (ii) any Liens created by Buyer or its Affiliates.
Appears in 4 contracts
Samples: Equity Interest Purchase Agreement (American Realty Capital Trust V, Inc.), Equity Interest Purchase Agreement (American Realty Capital Healthcare Trust Inc), Equity Interest Purchase Agreement (American Realty Capital Properties, Inc.)
