Common use of Contribution of Contributed Interests Clause in Contracts

Contribution of Contributed Interests. The Contributors agree to contribute and transfer the Contributed Interests to the Acquirer, and the Acquirer agrees to accept transfer of the Contributed Interests pursuant to the terms and conditions set forth in this Agreement. The Contributed Interests shall be transferred to the Acquirer free and clear of all liens, encumbrances, security interests, prior assignments or conveyances, conditions, restrictions, claims, and other matters affecting title thereto.

Appears in 3 contracts

Sources: Contribution Agreement (New York Mortgage Trust Inc), Contribution Agreement (New York Mortgage Trust Inc), Contribution Agreement (New York Mortgage Trust Inc)