LLC Shares Sample Clauses

LLC Shares. For all purposes of this Agreement, all shares of Stock owned by the LLC shall be deemed to be owned by the Bain Shareholders for so long as the Bain Shareholders are Members of the LLC.
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LLC Shares. The ownership of the Company shall be divided initially into 10,000 shares ("Limited Liability Company Shares" or "LLC Shares") comprising 9,000 equal Ordinary LLC Shares and 1,000 equal Deferred LLC Shares; provided, however, that the said number of LLC Shares may be increased or reduced by the Board of Managers from time to time as hereinafter provided.
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LLC Shares. Ownership of the LLC shall be divided into and represented by shares of the LLC (the "Shares"). The total number of Shares which the LLC is authorized to issue is one thousand (1,000). Additional Shares may from time to time be authorized, and the Shares may from time to time be divided into classes and series, as unanimously agreed upon by the Members and as evidenced by amendment of this Agreement.
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LLC Shares. When issued as contemplated under Section 2.6, the ---------- LLC Shares required to be issued by Purchaser under such Section 2.6 will be validly issued and fully paid and, except as otherwise provided in the Operating Agreement of Purchaser or the Delaware Limited Liability Company Act, non-assessable.
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LLC Shares. Ownership of the LLC shall be divided into and represented by shares of the LLC (the “Shares"). The LLC shall issue one class of Shares, entitled Common Shares. The total number of Common Shares which the LLC is authorized to issue shall consist of 2,000,000 Common Shares. No additional Common Shares shall be authorized without the unanimous written consent of all of the Members. The Shares shall have no voting rights. Subject to Article III (including Section 3.1(c) thereof), owners of the Shares shall participate in all of the Private Equity Funds held by the LLC on basis of an equal pro-rata allocation among the Members based on the amount of their Capital Contributions. The LLC Shares shall not be issued in any series.
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LLC Shares. 18 6.2 Amendment of LLC Agreement......................................18 6.3
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LLC Shares. Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell and deliver to the Purchaser, and the Purchaser shall purchase and acquire, all (but not less than all) of the LLC Shares.
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Related to LLC Shares

  • Company Shares If the managing underwriter has not limited the number of Registrable Securities to be underwritten, the Company may include securities for its own account or for the account of others in such registration if the managing underwriter so agrees and if the number of Registrable Securities which would otherwise have been included in such registration and underwriting will not thereby be limited.

  • Membership Interests The Sole Member currently owns one hundred percent (100%) of the percentage interests in the Company.

  • Transferred Shares A Co-Sale Holder shall effect its participation in the co-sale by promptly delivering to the Selling Shareholder for transfer to the prospective purchaser instrument(s) of transfer executed by such Co-Sale Holder and one or more certificates, properly endorsed for transfer, which represent:

  • Merger Shares The Merger Shares have been duly authorized and, when issued in consideration for the conversion of the Company Shares, as a result of the Merger and pursuant to the terms hereof, will be validly issued, fully paid and non-assessable, and not subject to any liens, pledges, charges, encumbrances, restrictions of any kind, preemptive rights or any other rights or interests of third parties or any other encumbrances, except for applicable securities law restrictions on transfer, including those imposed by Regulation D or Section 4(2) of the Securities Act and Rule 144 promulgated under the Securities Act and under applicable “blue sky” state securities laws. Assuming that all of the holders of Target Shares are “accredited investors,” as such term is defined in Regulation D promulgated under the Securities Act, and that all such Persons have complied with all of the terms and conditions of this Agreement, the offer and sale of the Merger Shares under this Agreement will be exempt from the registration requirements of the Securities Act and in compliance with all federal and state securities laws.

  • Class B Shares As of December 1, 2009, Class B shares of the Virtus Mutual Funds are no longer available for purchase by new or existing shareholders, except for the reinvestment of dividends or capital gains distributions into existing Class B share accounts, and for exchanges from existing Class B share accounts to other Virtus Mutual Funds with Class B shares.

  • Purchased Shares Subject to the terms and conditions provided below, Seller shall sell and transfer to Buyers and Buyers shall purchase from Seller, on the Closing Date (as defined in Section 1(c)), all of the Shares.

  • Parent Shares All of the Parent Shares issuable in accordance with this Agreement will be, when so issued, duly authorized, validly issued, fully paid and non-assessable and free and clear of any liens (other than those created under federal and state securities laws or the Voting Agreement) and not subject to preemptive or other similar rights of the stockholders of Parent.

  • Purchaser Shares The issuance, transfer, and delivery of the Purchaser Shares hereunder have been duly authorized by all required corporate action on the part of Purchaser, and when issued, transferred, and delivered in accordance with the terms hereof for the consideration expressed herein, will be duly and validly issued, fully paid and non-assessable, free and clear of all Encumbrances.

  • Common Shares 4 Company...................................................................................... 4

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