Common use of Company Owned Company OP Units Clause in Contracts

Company Owned Company OP Units. Each unit of partnership interest in Company OP (the “Company OP Units”) that is outstanding immediately prior to the OP Merger Effective Time that is held by the Company or by any Company Subsidiary and each Company OP Unit that is outstanding immediately prior to the OP Merger Effective Time that is held by Parent, Merger Sub, OP Merger Sub or any other Subsidiary of Parent shall remain issued, outstanding and unchanged as validly issued partnership interests of the Surviving Partnership after the OP Merger Effective Time.

Appears in 4 contracts

Samples: Merger Agreement (Health Care Reit Inc /De/), Agreement and Plan of Merger (Windrose Medical Properties Trust), Merger Agreement (Windrose Medical Properties Trust)

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