General Effects of the Merger. The Merger shall have the effects set forth in the applicable provisions of the MGCL and the LLC Act and this Agreement. Without limiting the generality of the foregoing and subject thereto, at the Effective Time, all the property, rights, privileges, immunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Entity and all debts, liabilities and obligations of the Company and Merger Sub shall become the debts, liabilities and obligations of the Surviving Entity.
Appears in 7 contracts
Samples: Amended and Restated Agreement and Plan of Merger (Equity Commonwealth), Amended and Restated Agreement and Plan of Merger (Monmouth Real Estate Investment Corp), Agreement and Plan of Merger (Monmouth Real Estate Investment Corp)
General Effects of the Merger. The At the Effective Time, the effect of the Merger shall have the effects be as set forth in this Agreement and as provided in the applicable provisions of the MGCL and the LLC Act and this AgreementMLLCA. Without limiting the generality of the foregoing foregoing, and subject thereto, at the Effective Time, Time all of the property, rights, privileges, immunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Entity Entity, and all debts, liabilities and obligations duties of the Company and Merger Sub shall become the debts, liabilities and obligations duties of the Surviving Entity.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Kite Realty Group Trust), Agreement and Plan of Merger (Retail Properties of America, Inc.), Agreement and Plan of Merger (Kite Realty Group, L.P.)
General Effects of the Merger. The At the Merger Effective Time, the effect of the Merger shall have the effects be as set forth in this Agreement and as provided in the applicable provisions of the MGCL and the LLC Act and this AgreementDLLCA. Without limiting the generality of the foregoing foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, immunities, privileges and powers and franchises of the Company REIT I and Merger Sub shall vest in the Surviving Entity Entity, and all debts, liabilities and obligations duties of the Company REIT I and Merger Sub shall become the debts, liabilities and obligations duties of the Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (MVP REIT II, Inc.), Agreement and Plan of Merger (MVP REIT, Inc.)
General Effects of the Merger. The Merger shall have the effects set forth in the applicable provisions of the MGCL and MGCL, the LLC Act DLLCA and this Agreement. Without limiting the generality of the foregoing and subject thereto, at the Effective Time, all the property, rights, privileges, immunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Entity and all debts, liabilities and obligations of the Company and Merger Sub shall become the debts, liabilities and obligations of the Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Monmouth Real Estate Investment Corp), Agreement and Plan of Merger (Industrial Logistics Properties Trust)
General Effects of the Merger. The At the Effective Time, the effect of the Merger shall have the effects be as set forth in this Agreement and as provided in the applicable provisions of the MGCL and the LLC Act and this AgreementDLLCA. Without limiting the generality of the foregoing foregoing, and subject thereto, at the Effective Time, all of the property, rights, privileges, immunities, powers and franchises of the Company Terra BDC and Merger Sub shall vest in the Surviving Entity Entity, and all debts, liabilities and obligations duties of the Company Terra BDC and Merger Sub shall become the debts, liabilities and obligations duties of the Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Terra Income Fund 6, Inc.), Agreement and Plan of Merger (Terra Property Trust, Inc.)
General Effects of the Merger. The At the Merger Effective Time, the effect of the Merger shall have the effects be as set forth in this Agreement and as provided in the applicable provisions of the MGCL and the LLC Act and this AgreementMGCL. Without limiting the generality of the foregoing foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, immunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Entity Entity, and all debts, liabilities and obligations duties of the Company and Merger Sub shall become the debts, liabilities and obligations duties of the Surviving Entity.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Indus Realty Trust, Inc.)
General Effects of the Merger. The At the Merger Effective Time, the effect of the Merger shall have the effects be as set forth in this Agreement and as provided in the applicable provisions of the MGCL and the LLC Act and this AgreementDLLCA. Without limiting the generality of the foregoing foregoing, and subject thereto, at the Merger Effective Time, all of the property, rights, privileges, immunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Entity Entity, and all debts, liabilities and obligations duties of the Company and Merger Sub shall become the debts, liabilities and obligations duties of the Surviving Entity.
Appears in 1 contract
