Common use of Managers and Officers of the Surviving Company Clause in Contracts

Managers and Officers of the Surviving Company. From and after the Effective Time, the manager or managers and officers of Xxxxxx Sub immediately prior to the Effective Time shall be the manager or managers and officers of the Surviving Company, and such manager or managers and officers shall serve until their successors have been duly elected or appointed and qualified or until their death, resignation or removal in accordance with the Organizational Documents of the Surviving Company.

Appears in 3 contracts

Samples: Merger Agreement (Western Asset Mortgage Capital Corp), Merger Agreement (AG Mortgage Investment Trust, Inc.), Merger Agreement (Ellington Financial Inc.)

AutoNDA by SimpleDocs

Managers and Officers of the Surviving Company. From and after the Effective Time, the manager or managers and officers of Xxxxxx Mxxxxx Sub immediately prior to the Effective Time shall be the manager or managers and officers of the Surviving Company, and such manager or managers and officers shall serve until their successors have been duly elected or appointed and qualified or until their death, resignation or removal in accordance with the Organizational Documents of the Surviving Company.

Appears in 3 contracts

Samples: Merger Agreement (Great Ajax Corp.), Merger Agreement (Ready Capital Corp), Agreement and Plan of Merger (Broadmark Realty Capital Inc.)

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