Common use of No Rights as Unitholder Clause in Contracts

No Rights as Unitholder. Except to the limited extent provided in Section 4, no Employee (nor any beneficiary) shall have any of the rights or privileges of a unitholder or member of Holdings with respect to any Deferred Units (or settlement thereof), unless and until certificates representing Class A Units in settlement of Deferred Units shall have been issued and recorded on the records of Holdings or its transfer agents or registrars.

Appears in 2 contracts

Samples: Form of Deferred Unit Issuance Agreement (Nuveen Investments Holdings, Inc.), Form of Deferred Unit Issuance Agreement (Nuveen Investments Holdings, Inc.)

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No Rights as Unitholder. Except to the limited extent provided in Section 4, no Employee Investor (nor any beneficiary) shall have any of the rights or privileges of a unitholder or member of Holdings with respect to any Deferred Units (or settlement thereof), unless and until certificates representing Class A Common Units in settlement of Deferred Units shall have been issued and recorded on the records of Holdings or its transfer agents or registrars.

Appears in 2 contracts

Samples: Deferred Unit Purchase Agreement (CDW Finance Corp), Deferred Unit Purchase Agreement (CDW Finance Corp)

No Rights as Unitholder. Except to the limited extent provided in Section 4, no Employee Director (nor any beneficiary) shall have any of the rights or privileges of a unitholder or member of Holdings with respect to any Deferred Units (or settlement thereof), unless and until certificates representing Class A Units in settlement of Deferred Units shall have been issued and recorded on the records of Holdings or its transfer agents or registrars.

Appears in 1 contract

Samples: Deferred Class a Unit Grant Agreement (Nuveen Investments Holdings, Inc.)

No Rights as Unitholder. Except to the limited extent provided in Section 4, no Employee Executive (nor any beneficiary) shall have any of the rights or privileges of a unitholder or member of Holdings with respect to any Deferred Units (or settlement thereof), unless and until certificates representing Class A Units in settlement of Deferred Units shall have been issued and recorded on the records of Holdings or its transfer agents or registrars.

Appears in 1 contract

Samples: Deferred Unit Grant Agreement (Nuveen Asset Management)

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No Rights as Unitholder. Except to the limited extent provided in Section 4, no Employee No Executive (nor any beneficiary) shall have any of the rights or privileges of a unitholder or member of Holdings with respect to any Deferred Units (or settlement thereof), unless and until certificates representing Class A Units in settlement of Deferred Units shall have been issued and recorded on the records of Holdings or its transfer agents or registrars.

Appears in 1 contract

Samples: Form of Deferred Incentive Unit Issuance Agreement (Nuveen Investments Holdings, Inc.)

No Rights as Unitholder. Except to the limited Limited extent provided in Section 4, no Employee (nor any beneficiary) shall have any of the rights or privileges of a unitholder or member of Holdings with respect to any Deferred Units (or settlement thereof), unless and until certificates representing Class A Units in settlement of Deferred Units shall have been issued and recorded on the records of Holdings or its transfer agents or registrars.

Appears in 1 contract

Samples: Form of Special Deferred Unit Issuance Agreement (Nuveen Investments Holdings, Inc.)

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