Effect on Shares. The effect of the Merger on the shares of Seller shall be as provided in this Article 1. Each 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: Merger Agreement (Goldman Sachs Group Lp), Merger Agreement (Berkshire Companies Limited Partnership), Merger Agreement (Blackstone Real Estate Acquisitions Iii LLC)
Effect on Shares. The effect of the Merger on the shares of Seller shall be as provided in this Article 1. Each membership interest 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: Merger Agreement (Sunstone Hotel Investors Inc), Merger Agreement (Westbrook Real Estate Partners LLC), Merger Agreement (Alter Robert A)
