Common use of Members and Managers Clause in Contracts

Members and Managers. From and after the Effective Time, the members and managers of Buyer at the Effective Time shall be the initial members and managers of the Surviving Entity, in each case until their respective successors are duly elected or appointed and qualified in accordance with applicable law. ARTICLE III

Appears in 3 contracts

Samples: Merger Agreement (Reckson Associates Realty Corp), Merger Agreement (Tower Realty Trust Inc), Merger Agreement (Reckson Associates Realty Corp)

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Members and Managers. From and after the Effective Time, the members and managers of Buyer at the Effective Time shall be the initial members and managers of the Surviving Entity, in each case until their respective successors are duly elected or appointed and qualified in accordance with applicable law. ARTICLE III3

Appears in 1 contract

Samples: Merger Agreement (Tower Realty Trust Inc)

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Members and Managers. From and after the Effective Time, -------------------- the members and managers of Buyer at the Effective Time shall be the initial members and managers of the Surviving Entity, in each case until their respective successors are duly elected or appointed and qualified in accordance with applicable law. ARTICLE III.

Appears in 1 contract

Samples: Merger Agreement (Reckson Associates Realty Corp)

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