Common use of Merger Proposal Clause in Contracts

Merger Proposal. If the Board of Directors of NHP approves the Merger Proposal, then AIMCO shall use commercially reasonable efforts to promptly and diligently negotiate in good faith a definitive agreement with NHP on the terms set forth in the Merger Proposal.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Apartment Investment & Management Co), Stock Purchase Agreement (Apartment Investment & Management Co)