DESCRIPTION OF THE REORGANIZATION. 1.1. Provided that all conditions precedent to the Reorganization set forth herein have been satisfied or, to the extent legally permissible, waived as of the Closing Time (as defined in Section 3.1), and based on the representations and warranties each party provides to the others, the Target Entity and the Acquiring Entity agree to take the following steps with respect to the Reorganization:
DESCRIPTION OF THE REORGANIZATION. 1.1 Provided that all conditions precedent to the Reorganization set forth herein have been satisfied as of the Closing Date (as defined in Section 3.1), and based on the representations and warranties each party provides to the others, the Target Fund and the Acquiring Fund agree to take the following steps with respect to the Reorganization:
DESCRIPTION OF THE REORGANIZATION
