Common use of Titleholder Interests Clause in Contracts

Titleholder Interests. The Titleholder Interests constitute all of the interests owned by the Opportunity Partnership in the Titleholders as set forth on the attached Exhibits A-1, X-0, X-0 xxx A-4. Each such Titleholder Interest is validly issued, fully paid and non-assessable, and was not issued in violation of any preemptive rights. Each such Titleholder Interest has been issued in compliance with applicable law and the relevant Organizational Documents (as then in effect). Except as set forth on Exhibit M attached hereto, there are no enforceable rights, subscriptions, warrants, options, conversion rights, preemptive rights or agreements of any kind outstanding to purchase or to otherwise acquire any of the interests which comprise the Titleholder Interests or any securities or obligations of any kind convertible into any of the interests which comprise such Titleholder Interests or other equity interests or profit participation of any kind in the Titleholders.