Articles of Organization and Operating Agreement. (a) The Articles of Organization of the Company, as in effect immediately prior to the Effective Time, shall be the Articles of Organization of the Surviving LLC until thereafter changed or amended as provided therein or by applicable Law. (b) The Company Operating Agreement as in effect immediately prior to the Effective Time shall be amended at the Effective Time to read in substantially the form of Exhibit A, and, as so amended, shall be the operating agreement of the Surviving LLC until thereafter changed or amended as provided therein or by applicable Law (the “Surviving LLC Operating Agreement”).
Appears in 3 contracts
Samples: Agreement and Plan of Merger (GRH Holdings, L.L.C.), Agreement and Plan of Merger (RGGPLS Holding, Inc.), Agreement and Plan of Merger (Millstream Acquisition Corp)
Articles of Organization and Operating Agreement. (a) The Articles articles of Organization organization of the Company, as in effect immediately prior to the Effective Time, shall be the Articles of Organization of the Surviving LLC until thereafter changed or amended as provided therein or by applicable Law.
(b) The Company Operating Agreement as in effect immediately prior to the Effective Time shall will be the articles of organization of the Surviving Entity, until duly amended at in accordance with applicable law. The operating agreement of the Company in effect immediately prior to the Effective Time to read in substantially the form of Exhibit A, and, as so amended, shall will be the operating agreement of the Surviving LLC Entity, until thereafter changed or duly amended as provided therein or by in accordance with applicable Law (the “Surviving LLC Operating Agreement”)law.
Appears in 2 contracts
Samples: Merger Agreement (Emdeon Inc.), Merger Agreement (Emdeon Inc.)
Articles of Organization and Operating Agreement. (a) The Articles of Organization of the Company, as in effect immediately prior to the Effective Time, shall be the Articles of Organization of the Surviving LLC until thereafter changed or amended as provided therein or by applicable Law.
(b) The Company Operating Agreement as in effect immediately prior to the Effective Time shall be amended at the Effective Time to read in substantially the form of Exhibit A, and, as so amended, shall be the operating agreement of the Surviving LLC until thereafter changed or amended as provided therein or by applicable Law (the “Surviving LLC Operating Agreement”).
Appears in 1 contract
Articles of Organization and Operating Agreement. (ai) The Articles of Organization of the Company, as in effect immediately prior to the Effective Time, shall be the Articles of Organization of the Surviving LLC Corporation until thereafter changed or amended as provided therein or by applicable Lawlaw.
(bii) The Company Operating Agreement of the Company, as in effect immediately prior to the Effective Time shall be amended at the Effective Time to read in substantially the form of Exhibit A, and, as so amendedTime, shall be the operating agreement Operating Agreement of the Surviving LLC Corporation until thereafter changed or amended as provided therein or by applicable Law (the “Surviving LLC Operating Agreement”)law.
Appears in 1 contract