INSURANCE REFUND. At the Effective Time, the Surviving Partnership shall cause the cancellation of all insurance maintained by the Merged Partnership and thereafter shall diligently seek to obtain such refunds as may be due on account of such cancellation. Upon receipt of such refunds, the Surviving Partnership shall pay them over to the General Partner for distribution to the former partners of the Merged Partnership.
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Samples: Agreement and Plan of Merger (Home Properties of New York Inc), Agreement and Plan of Merger (Home Properties of New York Inc), Agreement and Plan of Merger (Home Properties of New York Inc)
INSURANCE REFUND. At the Effective Time, the Surviving Partnership shall cause the cancellation of all insurance maintained by the Merged Partnership or the General Partnership and thereafter shall diligently seek to obtain such refunds as may be due on account of such cancellation. Upon receipt of such refunds, the Surviving Partnership shall pay them over to the General Partner for distribution to Quinn and the former partners xxxxners of the Merged Partnership.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Home Properties of New York Inc)
