Common use of Managers of the Surviving Entity Clause in Contracts

Managers of the Surviving Entity. At the Merger Effective Time, by virtue of the Merger, the managers of Merger Sub shall serve as the managers of the Surviving Entity.

Appears in 2 contracts

Samples: Merger Agreement (MVP REIT, Inc.), Merger Agreement (MVP REIT II, Inc.)

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Managers of the Surviving Entity. At the Merger Effective Time, by virtue of the Merger, the managers of Merger Sub Manager shall serve as the managers manager of the Surviving Entity.

Appears in 2 contracts

Samples: Merger Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Merger Agreement (Pacific Oak Strategic Opportunity REIT II, Inc.)

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Managers of the Surviving Entity. At the Merger Effective Time, by virtue of the Merger, the managers members of Merger Sub shall serve manage the Surviving Entity, entitling the members of Merger Sub to such rights, duties and obligations as are more fully set forth in the managers operating agreement of the Surviving Entity.

Appears in 1 contract

Samples: Merger Agreement (Resource REIT, Inc.)

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