Common use of Organizational Instruments Clause in Contracts

Organizational Instruments. The articles of organization of Buyer Sub in effect immediately prior to the Effective Time shall be, from and after the Effective Time, the articles of organization of the Surviving LLC until thereafter changed or amended as provided therein or by the ILLCA. The limited liability company agreement of Buyer Sub in effect immediately prior to the Effective Time shall be, from and after the Effective Time, the limited liability company agreement of the Surviving LLC until thereafter changed or amended as provided therein or by the ILLCA.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Deerfield Triarc Capital Corp), Merger Agreement (Triarc Companies Inc), Merger Agreement (Triarc Companies Inc)

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