Effect on Shares. The effect of the Merger on the shares of Seller shall be as provided in this Article 1. Each share of common stock of Buyer outstanding immediately prior to the Merger shall be converted, without any action on the part of the holder thereof, into one share of the common stock of the Surviving Company.
Appears in 3 contracts
Sources: Merger Agreement (Westbrook Real Estate Partners LLC), Merger Agreement (Alter Robert A), Merger Agreement (Sunstone Hotel Investors Inc)
Effect on Shares. The effect of the Merger on the shares of Seller shall be as provided in this Article 1. Each share of common stock membership interest of Buyer outstanding immediately prior to the Merger shall be converted, without any action on the part of the holder thereof, into one share of the common stock of the Surviving Company.
Appears in 3 contracts
Sources: Merger Agreement (Berkshire Companies Limited Partnership), Merger Agreement (Blackstone Real Estate Acquisitions Iii LLC), Merger Agreement (Goldman Sachs Group Lp)