Common use of Articles of Organization; Operating Agreement Clause in Contracts

Articles of Organization; Operating Agreement. At the Effective Time, (a) the articles of organization of Merger Sub as in effect immediately prior to the Effective Time shall be the articles of organization of the Surviving Company until thereafter amended in accordance with the terms thereof or as provided by applicable Law, and (b) the operating agreement of Merger Sub as in effect immediately prior to the Effective Time shall be the operating agreement of the Surviving Company until thereafter amended in accordance with the terms thereof or as provided by applicable Law.

Appears in 3 contracts

Samples: Merger Agreement (Agrify Corp), Plan of Merger and Equity Purchase Agreement (Agrify Corp), Merger Agreement (Kush Bottles, Inc.)

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Articles of Organization; Operating Agreement. (a) At the Effective Time, (a) the articles of organization of Merger Sub as in effect immediately prior to the Effective Time shall be the articles of organization of the Surviving Company Entity until thereafter amended in accordance with the terms thereof or as provided by applicable Law, Law and such articles. (b) At the Effective Time, the operating agreement of Merger Sub as in effect immediately prior to the Effective Time shall be the operating agreement of the Surviving Company Entity until thereafter amended in accordance with the terms thereof or as provided by applicable Law, the articles of organization of the Surviving Entity and such operating agreement.

Appears in 1 contract

Samples: Merger Agreement (Chesapeake Utilities Corp)

Articles of Organization; Operating Agreement. At the Effective Time, (a) the articles of organization of Merger Sub Company as in effect immediately prior to the Effective Time shall be the articles of organization of the Surviving Company until thereafter amended in accordance with the terms thereof or as provided by applicable Law, and (b) the operating agreement of Merger Sub Company as in effect immediately prior to the Effective Time shall be the operating agreement of the Surviving Company until thereafter amended in accordance with the terms thereof thereof, the articles of organization of the Surviving Company or as provided by applicable Law.

Appears in 1 contract

Samples: Merger Agreement (GigCapital2, Inc.)

Articles of Organization; Operating Agreement. At the Effective Time, (a) the articles of organization of Merger Sub the Company as in effect immediately prior to the Effective Time shall be the articles of organization of the Surviving Company Entity until thereafter amended in accordance with the terms thereof or as provided by applicable Lawlaw, and (b) the operating agreement of Merger Sub attached hereto as in effect immediately prior to the Effective Time Exhibit B shall be the operating agreement of the Surviving Company Entity until thereafter amended in accordance with the terms thereof thereof, the articles of organization of the Surviving Entity or as provided by applicable Lawlaw.

Appears in 1 contract

Samples: Merger Agreement (Hickok Inc)

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Articles of Organization; Operating Agreement. At the Effective Time, (a) the articles Articles of organization Organization and the Operating Agreement of Merger Sub as in effect immediately prior to the Effective Time shall become and thereafter be the articles Articles of organization Organization and the Operating Agreement of the Surviving Company until thereafter amended in accordance with the terms thereof or as provided by applicable Law, Law and (b) the operating agreement such Articles of Merger Sub as in effect immediately prior to the Effective Time shall be the operating agreement Organization and Operating Agreement of the Surviving Company until thereafter amended in accordance with the terms thereof or as provided by applicable LawCompany.

Appears in 1 contract

Samples: Merger Agreement (Language Access Network, Inc.)

Articles of Organization; Operating Agreement. (a) At the Effective Time, (a) the articles Articles of organization Organization of Merger Sub the Company, as in effect immediately prior to the Effective Time Time, shall be the articles Articles of organization Organization of the Surviving Company Company, until thereafter amended in accordance with the terms thereof or as provided by applicable Law, and law. (b) The Company’s operating agreement, titled Limited Liability Company Operating Agreement (the operating agreement of Merger Sub “Operating Agreement”), as in effect immediately prior to the Effective Time Time, shall be be, at the operating agreement Effective Time, the Operating Agreement of the Surviving Company until thereafter amended in accordance with the terms thereof or as provided by applicable Lawamended.

Appears in 1 contract

Samples: Merger Agreement (North American Oil & Gas Corp.)

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