Examples of Surviving Partnership in a sentence
At the Effective Time (as defined below), and subject to and upon the terms and conditions of this Agreement and in accordance with the CRLPA and the Xxxxxxx-Xxxxxx Limited Liability Company Act of the State of California ("CLLCA"), Merger Sub shall be merged with and into the Fund, whereby the separate existence of Merger Sub shall cease, and the Fund shall continue its existence under California law as the surviving entity (hereinafter sometimes referred to as the "Surviving Partnership").
The Amended and Restated Agreement of Limited Partnership of the Surviving Partnership attached as Exhibit __ hereto shall be the partnership agreement of the Surviving Partnership unless and until amended in accordance with its terms and applicable law.
On the Effective Date, the Units to be issued as provided in this Agreement shall be duly issued by the Surviving Partnership and the recipients will be duly admitted as limited partners of the Surviving Partnership.
The conditions to the mergers and other transactions of the Surviving Partnership with the entities listed on the attached SCHEDULE 6.1 also shall have been satisfied and the mergers are to occur simultaneously with the Merger of the Merged Partnership into the Surviving Partnership.
The Surviving Partnership has complied in all material respects with the covenants made by it in this Agreement to be complied with by it from the date hereof through the Satisfaction Date.