LANSING Sample Clauses

LANSING. Texas Roadhouse of Lansing, LLC ("LANSING") and Lansing Merger Subsidiary LLC, a wholly-owned Kentucky limited liability company subsidiary of Property, shall merge, with Lansing being the surviving limited liability company in the merger. The holders of membership interests of Lansing other than Holdings shall receive shares of Class A Common Stock in the merger. As a result of the merger, Lansing shall become a wholly-owned limited liability company subsidiary of Property. Lansing and the Company acknowledge and agree that the merger shall constitute a part of the Roadhouse Exchange under IRC Section 351.
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Related to LANSING

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