Treatment of Interests in the Aimco Subsidiary. The entire membership interest in the Aimco Subsidiary immediately prior to the Second Effective Time shall be converted into one hundred (100) New AIP Units of the Second Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Angeles Income Properties LTD 6), Merger Agreement (Angeles Income Properties LTD 6)
Treatment of Interests in the Aimco Subsidiary. The entire membership interest in the Aimco Subsidiary immediately prior to the Second Effective Time shall be converted into one hundred (100) New AIP CPF XV Units of the Second Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Century Properties Fund Xv), Merger Agreement (Century Properties Fund Xv)
Treatment of Interests in the Aimco Subsidiary. The entire membership interest in the Aimco Subsidiary immediately prior to the Second Effective Time shall be converted into one hundred (100) New AIP NPI Units of the Second Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Conversion and Merger (National Property Investors 4), Agreement and Plan of Conversion and Merger (National Property Investors 4)
Treatment of Interests in the Aimco Subsidiary. The entire membership interest in the Aimco Subsidiary immediately prior to the Second Effective Time shall be converted into one hundred thousand (1001,000) New AIP NPI Units of the Second Surviving Entity.
Appears in 1 contract