General Effects of the Merger. The Merger shall have the effects set forth in the applicable provisions of the MGCL and the LLC Act and this Agreement. Without limiting the generality of the foregoing and subject thereto, at the Effective Time, all the property, rights, privileges, immunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Entity and all debts, liabilities and obligations of the Company and Merger Sub shall become the debts, liabilities and obligations of the Surviving Entity.
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Samples: Agreement and Plan of Merger (Monmouth Real Estate Investment Corp), Agreement and Plan of Merger (Monmouth Real Estate Investment Corp), Agreement and Plan of Merger (Equity Commonwealth)
General Effects of the Merger. The At the Effective Time, the effect of the Merger shall have the effects be as set forth in this Agreement and as provided in the applicable provisions of the MGCL and the LLC Act and this AgreementMLLCA. Without limiting the generality of the foregoing foregoing, and subject thereto, at the Effective Time, Time all of the property, rights, privileges, immunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Entity Entity, and all debts, liabilities and obligations duties of the Company and Merger Sub shall become the debts, liabilities and obligations duties of the Surviving Entity.
Appears in 4 contracts
Samples: Merger Agreement (Retail Properties of America, Inc.), Merger Agreement (Kite Realty Group, L.P.), Merger Agreement (Inland Diversified Real Estate Trust, Inc.)
General Effects of the Merger. The Merger shall have the effects set forth in the applicable provisions of the MGCL and MGCL, the LLC Act DLLCA and this Agreement. Without limiting the generality of the foregoing and subject thereto, at the Effective Time, all the property, rights, privileges, immunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Entity and all debts, liabilities and obligations of the Company and Merger Sub shall become the debts, liabilities and obligations of the Surviving Entity.
Appears in 2 contracts
Samples: Merger Agreement (Industrial Logistics Properties Trust), Merger Agreement (Monmouth Real Estate Investment Corp)
General Effects of the Merger. The At the Merger Effective Time, the effect of the Merger shall have the effects be as set forth in this Agreement and as provided in the applicable provisions of the MGCL and the LLC Act and this AgreementDLLCA. Without limiting the generality of the foregoing foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, immunities, privileges and powers and franchises of the Company REIT I and Merger Sub shall vest in the Surviving Entity Entity, and all debts, liabilities and obligations duties of the Company REIT I and Merger Sub shall become the debts, liabilities and obligations duties of the Surviving Entity.
Appears in 2 contracts
Samples: Merger Agreement (MVP REIT II, Inc.), Merger Agreement (MVP REIT, Inc.)
General Effects of the Merger. The At the Merger Effective Time, the effect of the Merger shall have the effects be as set forth in this Agreement and as provided in the applicable provisions of the MGCL and the LLC Act and this AgreementDLLCA. Without limiting the generality of the foregoing foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, immunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Entity Entity, and all debts, liabilities and obligations duties of the Company and Merger Sub shall become the debts, liabilities and obligations duties of the Surviving Entity.
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General Effects of the Merger. The At the Merger Effective Time, the effect of the Merger shall have the effects be as set forth in this Agreement and as provided in the applicable provisions of the MGCL and the LLC Act and this AgreementMGCL. Without limiting the generality of the foregoing foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, immunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Entity Entity, and all debts, liabilities and obligations duties of the Company and Merger Sub shall become the debts, liabilities and obligations duties of the Surviving Entity.
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