Conditions to Each Party’s Obligation to Effect the Mergers. The respective obligations of the Parties to effect the Mergers and to consummate the other transactions contemplated by this Agreement on the Closing Date are subject to the satisfaction or, to the extent permitted by Law, waiver by each of the Parties (or in the case of REIT I, waiver by the REIT I Special Committee) at or prior to the REIT Merger Effective Time of the following conditions:
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Moody National REIT I, Inc.), Agreement and Plan of Merger (Moody National REIT II, Inc.)
Conditions to Each Party’s Obligation to Effect the Mergers. The respective obligations of the Parties to this Agreement to effect the Mergers and to consummate the other transactions contemplated by this Agreement on the Closing Date are subject to the satisfaction or, or (to the extent permitted by Law, Law mutual waiver by each of the Parties (or in the case of REIT I, waiver by the REIT I Special Committee) at or prior to the REIT Company Merger Effective Time Time) of the following conditions:
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Cole Credit Property Trust II Inc), Agreement and Plan of Merger (Spirit Realty Capital, Inc.)
Conditions to Each Party’s Obligation to Effect the Mergers. The respective obligations obligation of the Parties each party to effect the Mergers and to consummate the other transactions contemplated by this Agreement on the Closing Date are REIT Merger is subject to the satisfaction or, to the extent permitted by Lawapplicable law, waiver by each of Parent and the Parties (or in the case of REIT I, waiver by the REIT I Special Committee) at Company on or prior to the REIT Merger Effective Time Closing Date of the following conditions:
Appears in 2 contracts
Samples: Agreement (RFS Hotel Investors Inc), Agreement (CNL Hospitality Properties Inc)
Conditions to Each Party’s Obligation to Effect the Mergers. The respective obligations of the Parties to this Agreement to effect the Mergers and to consummate the other transactions contemplated by this Agreement on the Closing Date are subject to the satisfaction or, or (to the extent permitted by Law, ) waiver in writing by each of the Parties (or in the case of REIT I, waiver by the REIT I Special Committee) at or prior to the REIT Parent Merger Effective Time of the following conditions:
Appears in 1 contract
Samples: Agreement and Plan of Merger (Mid America Apartment Communities Inc)
