TREATMENT AS CONTRIBUTION. The transfer, assignment and exchange effectuated pursuant to this Agreement shall constitute a "Capital Contribution" to the Operating Partnership pursuant to Article 4 of the OP Agreement and is intended to be governed by Section 721(a) of the Code, and each Contributor (including any transferor in connection with a Direct Contribution, if any, as provided hereunder) hereby consents to such treatment.
Appears in 3 contracts
Samples: Contribution Agreement (Maguire Properties Inc), Contribution Agreement (Maguire Properties Inc), Contribution Agreement (Maguire Properties Inc)
TREATMENT AS CONTRIBUTION. The transfer, assignment and exchange effectuated pursuant to this Agreement shall constitute a "Capital Contribution" “capital contribution” to the Operating Partnership pursuant to Article 4 of the OP Agreement and is intended to be governed by Section 721(a) of the Code, and each the Contributor (including any transferor in connection with a Direct Contribution, if any, as provided hereunder) hereby consents to such treatment.
Appears in 2 contracts
Samples: Contribution Agreement (Lodging Fund REIT III, Inc.), Contribution Agreement (Lodging Fund REIT III, Inc.)
TREATMENT AS CONTRIBUTION. The transfer, assignment and exchange effectuated pursuant to this Agreement shall constitute a "“Capital Contribution" ” to the Operating Partnership pursuant to Article 4 of the OP Agreement and is intended to be governed by Section 721(a) of the Code, and each the Contributor (including any transferor in connection with a Direct Contribution, if any, as provided hereunder) hereby consents to such treatment.
Appears in 1 contract
Samples: Contribution Agreement (Digital Realty Trust, Inc.)
TREATMENT AS CONTRIBUTION. The transfer, assignment and exchange of the Partnership Interest effectuated pursuant to this Agreement shall constitute a "“Capital Contribution" ” to the Operating Partnership pursuant to Article 4 of the OP Agreement and is intended to be governed by Section 721(a) of the Code, and each the Contributor (including any transferor in connection with a Direct Contribution, if any, as provided hereunder) hereby consents to such treatment.
Appears in 1 contract
Samples: Contribution Agreement (Digital Realty Trust, Inc.)
TREATMENT AS CONTRIBUTION. The transfer, assignment and exchange effectuated pursuant to this Agreement shall constitute a "“Capital Contribution" ” to the Operating Partnership pursuant to Article 4 of the OP Agreement and is intended to be governed by Section 721(a) of the Code, and each Contributor (including any transferor in connection with a Direct Contribution, if any, as provided hereunder) hereby consents to such treatment.
Appears in 1 contract
Samples: Contribution Agreement (Digital Realty Trust, Inc.)
TREATMENT AS CONTRIBUTION. The transfer, assignment and exchange effectuated pursuant to this Agreement shall constitute a "Capital Contribution" “capital contribution” to the Operating Partnership pursuant to Article 4 of the OP Agreement and is intended to be governed by Section 721(a) of the Code, and each the Contributor (including any transferor in connection with a Direct Contribution, if any, as provided hereunder) hereby consents to such treatment. 2.
Appears in 1 contract
Samples: Contribution Agreement (Lodging Fund REIT III, Inc.)
