Common use of Cancellation of Merger Sub II Interests Clause in Contracts

Cancellation of Merger Sub II Interests. At the Partnership Merger Effective Time, by virtue of the Partnership Merger and without any action on the part of any holder thereof, each partnership interest in Merger Sub II shall automatically be canceled and cease to exist, the holders thereof shall cease to have any rights with respect thereto, and no payment shall be made with respect thereto.

Appears in 2 contracts

Samples: Merger Agreement (QTS Realty Trust, Inc.), Merger Agreement (GPT Operating Partnership LP)

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Cancellation of Merger Sub II Interests. At the Partnership Merger Effective Time, by virtue of the Partnership Merger and without any action on the part of any holder thereof, each partnership interest in Merger Sub II shall automatically be canceled cancelled and cease to exist, the holders thereof shall cease to have any rights with respect thereto, and no payment shall be made with respect thereto.

Appears in 1 contract

Samples: Merger Agreement (Watermark Lodging Trust, Inc.)

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Cancellation of Merger Sub II Interests. At the Partnership Merger Effective Time, by virtue of the Partnership Merger and without any action on the part of any holder thereof, each partnership limited liability company interest in Merger Sub II shall automatically be canceled and cease to exist, the holders thereof shall cease to have any rights with respect thereto, and no payment shall be made with respect thereto.

Appears in 1 contract

Samples: Merger Agreement (Retail Opportunity Investments Partnership, LP)

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