Common use of Merger or Consolidation in Which Clause in Contracts

Merger or Consolidation in Which. the Partnership is Not the Surviving Entity. In the event that the Partnership is to merge or consolidate with or into any other entity in a transaction in which holders of Partnership Units will receive consideration other than cash or equity securities that are Publicly Traded (an "Equity Merger") and such Equity Merger would be prohibited by Section 7.11.C but for the application of Section 7.11.C(6) (and not Section 7.1.C(4), (5) or (7)), then, unless the Consent of Certain Limited Partners is obtained:

Appears in 2 contracts

Samples: Vornado Realty Lp, Vornado Realty Trust

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Merger or Consolidation in Which. the Partnership is Not the Surviving Entity. In the event that the Partnership is to merge or consolidate with or into any other entity in a transaction in which holders of Partnership Units will receive consideration other than cash or equity securities that are Publicly Traded (an "Equity Merger") and such Equity Merger would be prohibited by Section 7.11.C but for the application of Section 7.11.C(6) (and not Section 7.1.C(4), then (5in addition to any Consent requirements under Section 7.11.B and Section 7.11.C) or (7)), then, unless the Equity Merger shall require the Consent of Certain Limited Partners is obtainedunless:

Appears in 1 contract

Samples: Mendik Co Inc

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Merger or Consolidation in Which. the Partnership is Not the Surviving Entity. In the event that the Partnership is to merge or consolidate with or into any other entity in a transaction in which holders of Partnership Units will receive consideration other than cash or equity securities that are Publicly Traded (an "Equity -41- 50 Merger") and such Equity Merger would be prohibited by Section 7.11.C but for the application of Section 7.11.C(6) (and not Section 7.1.C(4), (5) or (7)), then, unless the Consent of Certain Limited Partners is obtained:

Appears in 1 contract

Samples: Vornado Realty Trust

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