Common use of Contribution of Interests Clause in Contracts

Contribution of Interests. (a) Trust III and Trust IV, pursuant to the Transfer and Assignment of Interests attached hereto as Exhibit B and the Stock Powers attached hereto as Exhibit C, shall transfer, convey and assign to RILG each of Trust III's and Trust IV’s right, title and interest, however evidenced or possessed, in and to their respective RPPP Interests, RPPC Interests and RIGM Interests, including without limitation all of their rights in, to and under the Amended and Restated Agreement of Limited Partnership of Ridgewood Providence Power Partners, L.P., dated as of April 1, 1996 (the “Limited Partnership Agreement”) and the Limited Liability Company Agreement of Rhode Island Gas Management LLC dated as of March 4, 2002 (the “RIGM LLC Agreement”), in exchange for the membership and economic interests in RILG in Exhibit A. (b) Olinda and B Fund, pursuant to the Transfer and Assignment of Interests attached hereto as Exhibit D, shall transfer, convey and assign to RILG each of Olinda's and B Fund’s right, title and interest, however evidenced or possessed, in and to their respective RRIG Interests, including without limitation all of their rights in, to and under the Amended and Restated Limited Liability Company Agreement of Ridgewood Rhode Island Generation LLC dated as of January 1, 2005 (the “RRIG LLC Agreement”), in exchange for the membership and economic interests in RILG in Exhibit A.

Appears in 2 contracts

Sources: Contribution Agreement (Ridgewood Electric Power Trust Iii), Contribution Agreement (Ridgewood Electric Power Trust Iv)