Common use of Rights Constitute Assets Clause in Contracts

Rights Constitute Assets. The parties hereto acknowledge that the rights of contribution and indemnification hereunder shall constitute assets in favor of each Contributing Party.

Appears in 17 contracts

Sources: Contribution Agreement (Global Net Lease, Inc.), Contribution Agreement (Carter Validus Mission Critical REIT II, Inc.), Contribution Agreement (Carter Validus Mission Critical REIT II, Inc.)