No Control of Other Parties’ Business. Nothing contained in this Agreement shall give (i) CMFT, directly or indirectly, the right to control or direct CCPT V or any CCPT V Subsidiary’s operations prior to the Merger Effective Time, or (ii) CCPT V, directly or indirectly, the right to control or direct CMFT or any CMFT Subsidiary’s operations prior to the Merger Effective Time. Prior to the Merger Effective Time, (i) CCPT V shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and the CCPT V Subsidiaries’ respective operations and (ii) CMFT shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and the CMFT Subsidiaries’ respective operations.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Cole Office & Industrial REIT (CCIT III), Inc.), Agreement and Plan of Merger (Cole Credit Property Trust V, Inc.)
No Control of Other Parties’ Business. Nothing contained in this Agreement shall give (i) CMFT, directly or indirectly, the right to control or direct CCPT V CCIT III or any CCPT V CCIT III Subsidiary’s operations prior to the Merger Effective Time, or (ii) CCPT VCCIT III, directly or indirectly, the right to control or direct CMFT or any CMFT Subsidiary’s operations prior to the Merger Effective Time. Prior to the Merger Effective Time, (i) CCPT V CCIT III shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and the CCPT V CCIT III Subsidiaries’ respective operations and (ii) CMFT shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and the CMFT Subsidiaries’ respective operations.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Cim Real Estate Finance Trust, Inc.), Agreement and Plan of Merger (Cole Office & Industrial REIT (CCIT III), Inc.)
No Control of Other Parties’ Business. Nothing contained in this Agreement shall give (i) CMFT, directly or indirectly, the right to control or direct CCPT V CCIT II or any CCPT V CCIT II Subsidiary’s operations prior to the Merger Effective Time, or (ii) CCPT VCCIT II, directly or indirectly, the right to control or direct CMFT or any CMFT Subsidiary’s operations prior to the Merger Effective Time. Prior to the Merger Effective Time, (i) CCPT V CCIT II shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and the CCPT V CCIT II Subsidiaries’ respective operations and (ii) CMFT shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and the CMFT Subsidiaries’ respective operations.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Cole Office & Industrial REIT (CCIT II), Inc.)
