Partnership Merger definition
Examples of Partnership Merger in a sentence
The Partnership Merger shall have the effects set forth in the applicable provisions of the DRULPA and this Agreement.
The REIT, the Operating Partnership, Merger Sub and the SPE, as applicable, shall be entitled to deduct and withhold from the consideration payable pursuant to this Agreement to any holder of SPE LLC Interests such amounts required to be deducted and withheld with respect to the making of such payment under the Code or any provision of state, local or foreign tax law.
The Partnership Merger shall have the effects provided in this Agreement and as specified in the DRULPA.
This Agreement shall not create or permit any personal liability or obligation on the part of any officer, director, partner, employee or shareholder of the Operating Partnership, Merger Sub and the SPE.
In addition, all Forms of Election shall automatically be revoked if the Partnership Merger has been abandoned.