Common use of Optionholders Clause in Contracts

Optionholders. Except as set forth in this Agreement, no Person that holds securities (including options, warrants, or rights) exercisable, exchangeable, or convertible into Units shall have any rights with respect to such Units until such Person is actually issued Units upon such exercise, exchange, or conversion and, if such Person is not then a Unitholder, is admitted as a Unitholder pursuant to Section 11.2.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Providence Service Corp), Limited Liability Company Agreement (Solera Holdings LLC), Limited Liability Company Agreement (Appliance Warehouse of America Inc)

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Optionholders. Except as set forth in this Agreement, no Person that holds securities (including options, warrants, or rights) exercisable, exchangeable, or convertible into Units shall have any rights with respect to such Units until such Person is actually issued Units upon such exercise, exchange, or conversion and, if such Person is not then a Unitholder, is admitted as a Unitholder pursuant to Section SECTION 11.2.. ARTICLE XII

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Prestige Brands Holdings, Inc.), Limited Liability Company Agreement (Prestige Brands International, Inc.)

Optionholders. Except as set forth in this Agreement, no Person that holds securities (including options, warrants, or rights) Equity Securities exercisable, exchangeable, or convertible into Units shall have any rights with respect to such Units until such Person is actually issued Units upon such exercise, exchange, or conversion and, if such Person is not then a Unitholder, is admitted as a Unitholder pursuant to Section 11.2.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Emmis Communications Corp), Limited Liability Company Agreement (Emmis Communications Corp)

Optionholders. Except as set forth in this Agreement, no a Person that holds securities derivative rights (including options, warrants, or warrants and similar rights) that are exercisable, exchangeable, exchangeable or convertible into Units shall have any Equity Securities has no rights with in respect to of such Units until such Person is actually issued such Units upon such exercise, exchange, exchange or conversion of the underlying right and, if such Person is not then already a Unitholder, is admitted as a Unitholder pursuant to Section 11.2.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ardent Health Partners, LLC), Limited Liability Company Agreement (Ardent Health Partners, LLC)

Optionholders. Except as set forth in this Agreement, no Person that holds securities (including options, warrants, or rights) exercisable, exchangeable, or convertible into Units shall have any rights with in respect to of such Units until such Person is actually issued Units upon such exercise, exchange, or conversion and, if such Person is not then a Unitholder, is admitted as a Unitholder pursuant to Section 11.29.2.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Project Angel Parent, LLC)

Optionholders. Except as set forth in this Agreement, no Person that holds securities (including options, warrants, or rights) exercisable, exchangeable, or convertible into Units shall have any rights with respect to such Units until such Person is actually issued Units upon such exercise, exchange, or conversion and, if such Person is not then a Unitholder, is admitted as a Unitholder pursuant to Section 11.2.,

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lecg Corp)

Optionholders. Except as set forth in this Agreement, no Person that holds securities (including options, warrants, or rights) exercisable, exchangeable, or convertible into Units shall have any rights with respect to such Units until such Person is actually issued Units upon such exercise, exchange, or conversion and, if such Person is not then a Unitholder, is admitted as a Unitholder pursuant to Section 11.2.. ARTICLE XII

Appears in 1 contract

Samples: Limited Liability Company Agreement (Providence Service Corp)

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Optionholders. Except as set forth in this Agreement, no Person that holds securities (including options, warrants, or rights) exercisable, exchangeable, or convertible into Units shall have any rights with respect to such Units until such Person is actually issued Units upon such exercise, exchange, or conversion and, if such Person is not then a Unitholder, is admitted as a Unitholder pursuant to Section 11.29.2.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NorthStar Asset Management Group Inc.)

Optionholders. Except as set forth in this Agreement, no No Person that holds securities (including options, warrants, warrants or rights) exercisable, exchangeable, exchangeable or convertible into Units shall have any rights with respect to such Units until such Person is actually issued Units upon such exercise, exchange, exchange or conversion and, if such Person is not then a UnitholderMember, is admitted as a Unitholder Member pursuant to Section 11.210.2.

Appears in 1 contract

Samples: Limited Liability Company Agreement (St Renatus LLC)

Optionholders. Except as set forth in this Agreement, no Person that holds securities (including options, warrants, warrants or rights) exercisable, exchangeable, or convertible into Units shall have any rights with respect to such Units until such Person is actually issued Units upon such exercise, exchange, or conversion and, if such Person is not then a Unitholder, is admitted as a Unitholder pursuant to Section 11.29.2.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cable One, Inc.)

Optionholders. Except as set forth in this Agreement, no Person that holds securities (including options, warrants, or rights) exercisable, exchangeable, or convertible into Units ("OPTIONHOLDER") shall have any rights with respect to such Units until such Person is actually issued Units upon such exercise, exchange, or conversion and, if such Person is not then a Unitholder, is admitted as a Unitholder pursuant to Section SECTION 11.2.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tsi Finance Inc)

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