Common use of Board Designees Clause in Contracts

Board Designees. The REIT I Designees shall have been elected to the REIT II Board effective as of the REIT Merger Effective Time.

Appears in 5 contracts

Samples: Merger Agreement (Resource Real Estate Opportunity REIT II, Inc.), Merger Agreement (Moody National REIT I, Inc.), Agreement and Plan of Merger (Moody National REIT II, Inc.)

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Board Designees. The REIT I Designees III Designee shall have been elected to the REIT II Board effective as of the REIT Merger Effective Time.

Appears in 2 contracts

Samples: Merger Agreement (Resource Real Estate Opportunity REIT II, Inc.), Merger Agreement (Resource Apartment REIT III, Inc.)

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Board Designees. The REIT I Designees shall have been elected to the REIT II Board effective as of the REIT Merger Effective Time.

Appears in 2 contracts

Samples: Merger Agreement (MVP REIT, Inc.), Merger Agreement (MVP REIT II, Inc.)

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