Common use of Merger    Recitals Clause in Contracts

Merger    Recitals. Merger Consideration Section 1.05 Merger Sub Introduction Non-Contributed Partnership Interest Recitals Non-Performing Contributor Recitals Partnership Interests Recitals OP Units Recitals Operating Partnership Introduction Operating Partnership Agreement Section 3.05 Outside Date Section 2.05 Partnership Introduction Partnership Agreement Section 1.05 Partnership Indemnified Party Section 3.10 Partnership Interests Recitals Partnership Value Section 1.05 Person Section 8.02 PLE Recitals Pre-Formation Interests Recitals Pre-Formation Participants Recitals Principals Section 8.02 Property Section 4.01 Prospectus Section 8.02 Registration Statement Section 2.05 REIT Introduction REIT Common Stock Recitals REIT Share Election Recitals REIT Shares Recitals REIT Subsidiary Section 3.01 Representation, Warranty and Indemnity Agreement Section 8.02 SEC Section 2.05 Securities Act Section 8.02 Single Asset Entities Recitals Special Investment Amount Section 1.05 Subsidiary Section 8.02 Surviving Partnership Section 1.01 Tax Section 8.02 Third Party Claims Section 3.10 Total Formation Transaction Value Section 1.05 Valid Election Section 8.02 iv AGREEMENT AND PLAN OF MERGER