Common use of Developer Contribution Clause in Contracts

Developer Contribution. For no additional charge or credit to the TCR Member’s Capital Account, TCR Member shall convey or cause Developer or its Affiliates to convey to the Company all of (i) ownership and contract rights in and to the Property and/or lease agreements and related options related to the Property held by TCR Member or Developer or their Affiliates, including but not limited to rights to acquire the Property in accordance with the various existing lease agreements and options related to the acquisition of the Property, including the Ground Lease (together, the “Land Contract”), (ii) all design and construction plans for the Project (at Developer’s actual cost, free and clear of all liabilities), (iii) all other tangible and intangible rights associated with the Project held by TCR Member or Developer or their Affiliates and (iv) all other items appurtenant to the Project held by TCR Member or Developer or their Affiliates.

Developer Contribution. For no additional charge or credit to the TCR Member’s Capital Account, TCR Member shall convey or cause Developer or its Affiliates to convey to the Company all of (i) ownership and contract rights in and to the Property and/or lease purchase agreements and related options related to the Property held by TCR Member or Developer or their Affiliates, including but not limited to rights to acquire the Property in accordance with the various existing lease purchase agreements and options related to the acquisition of the Property, including the Ground Lease Property (together, the “Land Contract”), (ii) all design and construction plans for the Project (at Developer’s actual cost, free and clear of all liabilities), ) and (iii) all other tangible and intangible rights associated with the Project held by TCR Member or Developer or their Affiliates and (iv) all other items appurtenant to the Project held by TCR Member or Developer or their Affiliates.