Ownership of Partnership Interests. (a) Seller is the sole legal, beneficial, record and equitable owner of 24% of the issued and outstanding partnership interests of the Partnership (the “Partnership Interests”), free and clear of all Encumbrances.
Appears in 2 contracts
Samples: Partnership Interest Purchase Agreement (SeD Intelligent Home Inc.), Partnership Interest Purchase Agreement (HF Enterprises Inc.)
Ownership of Partnership Interests. (a) Seller is the sole legal, beneficial, record and equitable owner of 247% of the issued and outstanding partnership interests of the Partnership (the “Partnership Interests”), free and clear of all Encumbrances.
Appears in 2 contracts
Samples: Partnership Interest Purchase Agreement (HF Enterprises Inc.), Partnership Interest Purchase Agreement (SeD Intelligent Home Inc.)