General Effects of the Mergers. (a) At the Company Merger Effective Time, the effect of the Company Merger shall be as set forth in this Agreement and the Articles of Merger and as provided in the applicable provisions of the MGCL and the MLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Company Merger Effective Time, all of the property, rights, privileges, powers and franchises of CMOF and Merger Sub shall vest in the Surviving Company, and all debts, liabilities and duties of CMOF and Merger Sub shall become the debts, liabilities and duties of the Surviving Company.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Cottonwood Communities, Inc.), Agreement and Plan of Merger (Cottonwood Multifamily Opportunity Fund, Inc.), Agreement and Plan of Merger (Cottonwood Communities, Inc.)
General Effects of the Mergers. (a) At the Company Merger Effective Time, the effect of the Company Merger shall be as set forth in this Agreement and the Articles of Merger and as provided in the applicable provisions of the MGCL and the MLLCADLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Company Merger Effective Time, all of the property, rights, privileges, powers and franchises of CMOF the Company and Merger Sub I shall vest in the Surviving Company, and all debts, liabilities and duties of CMOF the Company and Merger Sub I shall become the debts, liabilities and duties of the Surviving Company.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (American Campus Communities Inc), Agreement and Plan of Merger (American Campus Communities Inc), Agreement and Plan of Merger (Preferred Apartment Communities Inc)
