Common use of Effect on Shares Clause in Contracts

Effect on Shares. The effect of the Merger on the shares of Seller shall be as provided in this Article 1. Each share of common stock of Buyer outstanding immediately prior to the Merger shall be converted, without any action on the part of the holder thereof, into one share of the common stock of the Surviving Company.

Appears in 3 contracts

Samples: Voting Agreement (Sunstone Hotel Investors Inc), Voting Agreement (Westbrook Real Estate Partners LLC), Voting Agreement (Alter Robert A)

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Effect on Shares. The effect of the Merger on the shares of Seller shall be as provided in this Article 1. Each share of common stock membership interest of Buyer outstanding immediately prior to the Merger shall be converted, without any action on the part of the holder thereof, into one share of the common stock of the Surviving Company.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Blackstone Real Estate Acquisitions Iii LLC), Agreement and Plan of Merger (Berkshire Companies Limited Partnership), Agreement and Plan of Merger (Goldman Sachs Group Lp)

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