Conversion of Fund Interests. As of the Effective Time, by virtue of the Merger and without any action on the part of the holder of any membership interests of Acquisition LLC (the “Membership Interests”) or of any partnership interests in the Fund:
Appears in 36 contracts
Sources: Merger Agreement (U S Restaurant Properties Inc), Merger Agreement (CNL Income Fund Xvii LTD), Merger Agreement (U S Restaurant Properties Inc)