Common use of No Further Ownership Rights in Fund Interests Clause in Contracts

No Further Ownership Rights in Fund Interests. The Merger Consideration issued or paid upon the conversion of the Fund Interests in accordance with the terms hereof (including any cash or dividends or other distributions paid pursuant to Section 2.2(d)) shall be deemed to have been issued (and paid) in full satisfaction of all rights pertaining to such Fund Interests.

Appears in 36 contracts

Samples: Merger Agreement (CNL Income Fund Vii LTD), Agreement and Plan of Merger (CNL Income Fund X LTD), Merger Agreement (U S Restaurant Properties Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!