Common use of Recordation of Evidence of Ownership of Assets Clause in Contracts

Recordation of Evidence of Ownership of Assets. SECTION 2.1. In connection with the conveyances that are referred to in Article I to this Agreement, the parties to this Agreement acknowledge that certain jurisdictions in which the assets of the applicable parties to such conveyances are located may require that documents be recorded by such parties resulting from such conveyances in order to evidence title to the assets owned by such parties. All such documents shall evidence such new ownership and are not intended to modify, and shall not modify, any of the terms, covenants and conditions herein set forth.