General Effects of the Merger. At the Merger Effective Time, the effect of the Merger shall be as set forth in this Agreement and the Articles of Merger and as provided in the applicable provisions of the MGCL and the MLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, powers and franchises of SOR II and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of SOR II and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Pacific Oak Strategic Opportunity REIT II, Inc.), Agreement and Plan of Merger (Pacific Oak Strategic Opportunity REIT, Inc.)
General Effects of the Merger. At the Merger Effective Time, the effect of the Merger shall be as set forth in this Agreement and the Articles of Merger and as provided in the applicable provisions of the MGCL and the MLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, powers and franchises of SOR II SST IV and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of SOR II SST IV and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (SmartStop Self Storage REIT, Inc.), Agreement and Plan of Merger (Strategic Storage Trust IV, Inc.)
General Effects of the Merger. At the Merger Effective Time, the effect of the Merger shall be as set forth in this Agreement and the Articles of Merger and as provided in the applicable provisions of the MGCL and the MLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, powers and franchises of SOR II CCIT III and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of SOR II CCIT III and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Cole Office & Industrial REIT (CCIT III), Inc.), Agreement and Plan of Merger (Cim Real Estate Finance Trust, Inc.)
General Effects of the Merger. At the Merger Effective Time, the effect of the Merger shall be as set forth in this Agreement and the Articles of Merger and as provided in the applicable provisions of the MGCL and the MLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, powers and franchises of SOR II STAR III and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of SOR II STAR III and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Steadfast Apartment REIT, Inc.), Agreement and Plan of Merger (Steadfast Apartment REIT III, Inc.)
General Effects of the Merger. At the Merger Effective Time, the effect of the Merger shall be as set forth in this Agreement and the Articles of Merger and as provided in the applicable provisions of the MGCL and the MLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, powers and franchises of SOR II CCPT V and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of SOR II CCPT V and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Cole Office & Industrial REIT (CCIT III), Inc.), Agreement and Plan of Merger (Cole Credit Property Trust V, Inc.)
General Effects of the Merger. At the Merger Effective Time, the effect of the Merger shall be as set forth in this Agreement and the Articles of Merger and as provided in the applicable provisions of the MGCL and the MLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, powers and franchises of SOR II INAV and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of SOR II INAV and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Cim Income Nav, Inc.)
General Effects of the Merger. At the Merger Effective Time, the effect of the Merger shall be as set forth in this Agreement and the Articles of Merger and as provided in the applicable provisions of the MGCL and the MLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, powers and franchises of SOR II SIR and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of SOR II SIR and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Steadfast Income REIT, Inc.)
General Effects of the Merger. At the Merger Effective Time, the effect of the Merger shall be as set forth in this Agreement and Agreement, the Articles of Merger Merger, and as provided in the applicable provisions of the MGCL and the MLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, powers and franchises of SOR II REIT I and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of SOR II REIT I and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Carter Validus Mission Critical REIT II, Inc.)
General Effects of the Merger. At the Merger Effective Time, the effect of the Merger shall be as set forth in this Agreement and the Articles of Merger and as provided in the applicable provisions of the MGCL and the MLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, powers and franchises of SOR CCIT II and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of SOR CCIT II and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Cole Office & Industrial REIT (CCIT II), Inc.)
