Surviving Entity LLC Agreement. At the Oncor Merger Effective Time, by virtue of the Oncor Merger, the limited liability company agreement of SDTS as in effect immediately prior to the Oncor Merger Effective Time (the “SDTS LLC Agreement”) shall continue to be the limited liability company agreement of the Oncor Merger Surviving Entity, until thereafter amended in accordance with the applicable provisions of the SDTS LLC Agreement and the TBOC.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Oncor Electric Delivery Co LLC), Agreement and Plan of Merger (InfraREIT, Inc.)
Surviving Entity LLC Agreement. At the Oncor SDTS Merger Effective Time, by virtue of the Oncor SDTS Merger, the limited liability company agreement of SDTS Oncor as in effect immediately prior to the Oncor SDTS Merger Effective Time (the “SDTS Oncor LLC Agreement”) shall continue to be the limited liability company agreement of the Oncor SDTS Merger Surviving Entity, until thereafter amended in accordance with the applicable provisions of the SDTS Oncor LLC Agreement and the TBOCDLLCA.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (InfraREIT, Inc.), Agreement and Plan of Merger (Oncor Electric Delivery Co LLC)
