No Control of Other Parties’ Business. Notwithstanding the foregoing, nothing contained in this Agreement shall give directly or indirectly, the right to control or direct any of the Acquired Companies’ operations prior to the Company Merger Effective Time. Prior to the Company Merger Effective Time, the Company shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over the Acquired Companies’ respective operations.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (American Campus Communities Inc), Agreement and Plan of Merger (American Campus Communities Inc), Agreement and Plan of Merger (Preferred Apartment Communities Inc)
No Control of Other Parties’ Business. Notwithstanding the foregoing, nothing contained in this Agreement shall give directly or indirectly, the right to control or direct any of the Acquired Companies’ operations prior to the Company Merger Effective Time. Prior to the Company Merger Effective Time, the Company shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over the Acquired Companies’ respective operations.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Indus Realty Trust, Inc.), Agreement and Plan of Merger (Resource REIT, Inc.)
