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Common use of Assignment of Partnership Interests Clause in Contracts

Assignment of Partnership Interests. The Assignment and Assumption of the Partnership Interests (as hereinafter defined) to be executed by Seller at Closing shall be sufficient to convey all of the interests of Seller in the Partnership.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust), Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)

Related Clauses

  • Transfer of Partnership Interests
  • Redemption of Partnership Interests of Non-citizen Assignees
  • Additional Partnership Interests
  • Rights of Assignees of Partnership Interests
  • Assignment of Membership Interest

Parent Clauses

  • Title
  • Ratification and Confirmation
  • Form and Interpretation
  • Entire Agreement
  • Definitions

Sub-Clauses

  • Limitations on Assignment of General Partner's Interest
  • Assignment of Limited Partners' Interests
  • Substituted Limited Partners
  • Limitations on Assignment or Transfer
  • Indemnification and Terms of Admission
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