Common use of Lock-Ups Clause in Contracts

Lock-Ups. The General Partner shall use its best efforts prior to the Closing to have each of its directors and officers and Realco execute a 90-day lock-up agreement in a form (reasonably acceptable to RELP) supplied to RELP by AIP. The executed agreements will be delivered to AIP at the Closing. AIP shall use its best efforts prior to the Closing to have each of its Trust Managers and officers execute a 90-day lock-up agreement, in a form (reasonably acceptable to AIP) supplied to AIP by RELP. The agreements will be delivered to RELP at the Closing.

Appears in 11 contracts

Samples: Merger Agreement (Usaa Income Properties Iii LTD Partnership), Agreement and Plan of Merger (American Industrial Properties Reit Inc), Merger Agreement (American Industrial Properties Reit Inc)

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