Conditions to Obligations of the REIT I Parties. The obligations of the REIT I Parties to effect the Mergers and to consummate the other transactions contemplated by this Agreement are subject to the satisfaction or, to the extent permitted by Law, waiver by the REIT I Special Committee, at or prior to the REIT Merger Effective Time, of the following additional conditions:
Appears in 2 contracts
Samples: Merger Agreement (Moody National REIT I, Inc.), Agreement and Plan of Merger (Moody National REIT II, Inc.)
Conditions to Obligations of the REIT I Parties. The obligations of the REIT I Parties to effect the Mergers Merger and to consummate the other transactions contemplated by this Agreement are subject to the satisfaction or, to the extent permitted by Law, waiver by the REIT I Special CommitteeI, at or prior to the REIT Merger Effective Time, of the following additional conditions:
Appears in 1 contract
Samples: Merger Agreement (Carter Validus Mission Critical REIT II, Inc.)
Conditions to Obligations of the REIT I Parties. The obligations of the REIT I Parties to effect the Mergers and to consummate the other transactions contemplated by this Agreement are subject to the satisfaction or, to the extent permitted by Law, waiver by the REIT I Special CommitteeI, at or prior to the REIT Merger Effective Time, of the following additional conditions:
Appears in 1 contract
Samples: Merger Agreement (Resource Real Estate Opportunity REIT II, Inc.)