Common use of Directors and Officers of the Surviving Company Clause in Contracts

Directors and Officers of the Surviving Company. Unless otherwise determined by NewCo REIT and CPA15, from and after the Effective Time (i) the directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Company, and (ii) the officers of Merger Sub immediately prior to the Effective Time shall be the officers of the Surviving Company, in each case until duly removed or replaced in accordance with the bylaws of the Surviving Company and the MGCL.

Appears in 2 contracts

Samples: Merger Agreement (Corporate Property Associates 15 Inc), Merger Agreement (W P Carey & Co LLC)

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Directors and Officers of the Surviving Company. Unless otherwise determined by NewCo REIT X. X. Xxxxx and CPA15CPA16, from and after the Effective Time (i) the directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Company, and (ii) the officers of Merger Sub immediately prior to the Effective Time shall be the officers of the Surviving Company, in each case until duly removed or replaced in accordance with the bylaws of the Surviving Company and the MGCL.

Appears in 2 contracts

Samples: Merger Agreement (Corporate Property Associates 16 Global Inc), Agreement and Plan of Merger (W. P. Carey Inc.)

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Directors and Officers of the Surviving Company. Unless otherwise determined by NewCo REIT CPA14 and CPA15CPA16, from and after the Effective Time (i) the directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Company, and (ii) the officers of Merger Sub immediately prior to the Effective Time shall be the officers of the Surviving Company, in each case until duly removed or replaced in accordance with the bylaws of the Surviving Company and the MGCL.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Carey W P & Co LLC), Merger Agreement (Corporate Property Associates 14 Inc)

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