RSOP definition
Examples of RSOP in a sentence
From and after the Merger Effective Time, Persons who held outstanding shares of RS Common Stock or partnership units of RSOP immediately prior to the Merger Effective Time shall cease to have rights with respect to such shares, except as otherwise provided for in this Agreement or by applicable Law.
Without limiting the generality of the foregoing, and subject thereto, at the Partnership Merger Effective Time, all of the property, rights, privileges, powers and franchises of RSOP and CROP shall vest in the Surviving OP, and all debts, liabilities and duties of RSOP and CROP shall become the debts, liabilities and duties of the Surviving OP.
SECURITYHOLDERS OF REALSOURCE AND RSOP ARE URGED TO READ THE PPM/CONSENT SOLICITATION (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) AND OTHER RELEVANT DOCUMENTS MADE AVAILABLE BY REALSOURCE OR COTTONWOOD COMMUNITIES CAREFULLY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT COTTONWOOD COMMUNITIES, CROP, REALSOURCE, RSOP AND THE PROPOSED MERGER.
Each of RS and RSOP shall deliver its validly executed and correctly completed Internal Revenue Service Forms W-9 establishing an exemption from backup withholding to each of CCI and CROP on or about the date hereof.
The PPM/consent solicitation will be provided to RealSource stockholders and RSOP limited partners and will contain important information about the proposed merger and related matters.
This communication is not a substitute for the PPM/consent solicitation or any other documents that will be made available to the RealSource stockholders and RSOP limited partners.
RS shall use its reasonable best efforts to cause the RS Solicitation Materials to be mailed or otherwise distributed to the RS stockholders and RSOP limited partners entitled to consent on the matter as soon as practicable.
As of the date hereof, there are no other outstanding RSOP partnership interests.
In connection with the proposed merger, Cottonwood Communities and CROP will prepare and distribute a private placement memorandum (“PPM”) that will include a consent solicitation of RealSource and RSOP.
From and after the Merger Effective Time, the equity transfer books of RS and RSOP shall be closed, and thereafter there shall be no further registration of transfers of RS Common Stock or partnership units of RSOP.