Common use of Title to Membership Interests Clause in Contracts

Title to Membership Interests. (a) Seller legally and beneficially owns the Units set forth opposite such Seller’s name under the column titled “Transferred Interests” on Exhibit A, including all governance and financial rights associated with such Units, free and clear of any and all liens, pledges, security interests, rights of first refusal, options, restrictions, encumbrances and liabilities of any kind whatsoever (other than Permitted Liens). Seller’s pro rata share of the Purchase Price is set forth opposite Seller’s name under the column titled “Pro Rata Percentage” on Schedule 3.3(a) (the “Pro Rata Percentage”).

Appears in 4 contracts

Samples: Membership Interest Purchase Agreement (Nobilis Health Corp.), Membership Interest Purchase Agreement (Nobilis Health Corp.), Membership Interest Purchase Agreement (Nobilis Health Corp.)

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