Common use of Effect on Membership Interests Clause in Contracts

Effect on Membership Interests. (a) In connection with the Merger and related transactions, DF REIT and the OP have previously delivered to each Member the CEM, including the Election Form, pursuant to which, among other things, in connection with the Merger and subject to certain conditions and eligibility requirements set forth in the CEM, DF REIT and the OP offered each Member the option to receive as consideration in the Merger either (i) cash, (ii) if eligible, OP Units, or (iii) if eligible, a combination of the two, in exchange for each such Member’s Membership Interests.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Dupont Fabros Technology, Inc.), Agreement and Plan of Merger (Dupont Fabros Technology, Inc.), Agreement and Plan of Merger (Dupont Fabros Technology, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.