Common use of General Effects of the Merger Clause in Contracts

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 CCIT III and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of CCIT III and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.

Appears in 2 contracts

Samples: Merger Agreement (Cim Real Estate Finance Trust, Inc.), Merger Agreement (Cole Office & Industrial REIT (CCIT III), Inc.)

AutoNDA by SimpleDocs

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 CCIT III SST IV and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of CCIT III SST IV and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.

Appears in 2 contracts

Samples: Merger Agreement (SmartStop Self Storage REIT, Inc.), Merger Agreement (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 CCIT STAR III and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of CCIT STAR III and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.

Appears in 2 contracts

Samples: Merger Agreement (Steadfast Apartment REIT, Inc.), Merger Agreement (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 CCIT III SOR II and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of CCIT III SOR II and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.

Appears in 2 contracts

Samples: Merger Agreement (Pacific Oak Strategic Opportunity REIT II, Inc.), Merger Agreement (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 CCIT III CCPT V and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of CCIT III CCPT V and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.

Appears in 2 contracts

Samples: Merger Agreement (Cole Office & Industrial REIT (CCIT III), Inc.), Merger Agreement (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 CCIT III II and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of CCIT III II and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.

Appears in 1 contract

Samples: Merger Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)

AutoNDA by SimpleDocs

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 CCIT III REIT I and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of CCIT III REIT I and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.

Appears in 1 contract

Samples: Merger Agreement (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 CCIT III SIR and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of CCIT III SIR and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.

Appears in 1 contract

Samples: Merger Agreement (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 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 CCIT III INAV and Merger Sub shall vest in the Surviving Entity, and all debts, liabilities and duties of CCIT III INAV and Merger Sub shall become the debts, liabilities and duties of the Surviving Entity.

Appears in 1 contract

Samples: Merger Agreement (Cim Income Nav, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!