Common use of The Surviving Entity Clause in Contracts

The Surviving Entity. Subject to the terms and conditions of this Agreement, at the Effective Time, MergerCo shall merge with and into Holdings, the separate existence of MergerCo shall cease and Holdings shall survive and continue to exist as a Delaware limited partnership (Holdings, as the surviving entity in the Merger, sometimes being referred to herein as the “Surviving Entity”), such that following the Merger, Partners will be the sole limited partner of Holdings and Holdings GP will be the sole general partner of Holdings.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Buckeye GP Holdings L.P.)

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The Surviving Entity. Subject to the terms and conditions of this Agreement, at the Effective Time, MergerCo Holdings shall merge with and into HoldingsMergerCo, the separate existence of MergerCo Holdings shall cease and Holdings MergerCo shall survive and continue to exist as a Delaware limited partnership liability company (HoldingsMergerCo, as the surviving entity in the Merger, sometimes being referred to herein as the “Surviving Entity”), such that immediately following the Merger, Partners will be the sole limited partner member of Holdings MergerCo and Holdings GP will be the sole general partner of HoldingsPartners.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Enterprise GP Holdings L.P.)

The Surviving Entity. Subject to the terms and conditions of this Agreement, at the Effective TimeTime (as defined below), MergerCo shall merge with and into Holdings, the separate existence of MergerCo shall cease and Holdings shall survive and continue to exist as a Delaware limited partnership (Holdings, as the surviving entity in the Merger, sometimes being referred to herein as the “Surviving Entity”), such that immediately following the Merger, Partners will be the sole limited partner of Holdings and Holdings GP will continue to be the sole general partner of Holdings and New NRGP LP will be admitted to, and become the sole limited partner of, Holdings.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Inergy L P)

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The Surviving Entity. Subject to the terms and conditions of this Agreement, at the Effective Time, MergerCo Holdings and Holdings GP shall merge with and into HoldingsMergerCo, the separate existence of MergerCo Holdings and Holdings GP shall cease and Holdings MergerCo shall survive and continue to exist as a Delaware limited partnership liability company (HoldingsMergerCo, as the surviving entity in the Merger, sometimes being referred to herein as the “Surviving Entity”), such that following the Merger, Partners will be the sole limited partner member of Holdings MergerCo and Holdings GP MergerCo will be the sole general partner a member of HoldingsPartners GP.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Penn Virginia GP Holdings, L.P.)

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