The Partnership Merger. Subject to the terms and conditions of this Agreement, at the Effective Time, FWOP and MergerLP shall consummate the Partnership Merger pursuant to which (a) FWOP shall be merged with and into MergerLP, (b) MergerLP shall be the successor or surviving partnership in the Partnership Merger and shall continue to be governed by the laws of the State of Delaware, and (c) the separate existence of FWOP shall cease. The Partnership Merger shall have the effects specified in Section 10-208 of the MRULPA and Section 17-211 of the Delaware Revised Uniform Limited Partnership Act (the "DRULPA").
Appears in 3 contracts
Samples: Merger Agreement (First Washington Realty Trust Inc), Merger Agreement (First Washington Realty Trust Inc), Merger Agreement (First Washington Realty Trust Inc)
