Common use of TITLE; AUTHORITY TO ASSIGN Clause in Contracts

TITLE; AUTHORITY TO ASSIGN. Contributor (i) owns good and marketable, legal and beneficial title in and to his, her or its Contributed Interests which are held or by the Closing Date shall be held free of liens, encumbrances, judgments, adverse interests, pledges and security interests, other than any such interests in the Contributed Interests granted pursuant to the Operating Agreement of the Partnership, (ii) holds the entire right, title and interest in and to his, her or its Contributed Interests, and (iii) has the full right, power, capacity and authority to validly contribute and convey his, her or its Contributed Interests pursuant to this Agreement.

TITLE; AUTHORITY TO ASSIGN. Contributor (i) owns good and marketable, legal and beneficial title in and to his, her or its Contributed Interests which are held or by the Closing Date shall be held free of liens, encumbrances, judgments, adverse interests, pledges and security interests, other than any such interests in the Contributed Interests granted pursuant to the Operating Agreement of the PartnershipCompany, (ii) holds the entire right, title and interest in and to his, her or its Contributed Interests, and (iii) has the full right, power, capacity and authority to validly contribute and convey his, her or its Contributed Interests pursuant to this Agreement.

TITLE; AUTHORITY TO ASSIGN. Contributor (i) owns good and marketable, legal and beneficial title in and to his, her or its Contributed Interests which are held or by the Closing Date shall be held free of liens, encumbrances, judgments, adverse interests, pledges and security interests, other than any such interests in the Contributed Interests granted pursuant to the Operating Partnership Agreement of the Partnership, (ii) holds the entire right, title and interest in and to his, her or its Contributed Interests, and (iii) has the full right, power, capacity and authority to validly contribute and convey his, her or its Contributed Interests pursuant to this Agreement.