Purchase of Class A Units Sample Clauses

Purchase of Class A Units. Buyer shall have concurrently closed the purchase by Buyer of all of the Class A Units held by MetLife upon terms and conditions reasonably satisfactory to Buyer.
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Purchase of Class A Units. (a) Subject to the terms and conditions set forth in this Agreement, Xxxxxxx & Xxxxxx Group shall issue to the Company, and the Company shall purchase from Xxxxxxx & Xxxxxx Group, 2,413,516 Class A units of Xxxxxxx & Xxxxxx Group (the “Class A Units”) for an aggregate cash purchase price equal to $28,962,194 (the “Purchase Price”). The price per Class A Unit shall be equal to the price per share of the Company’s Class A common stock in the Initial Public Offering.
Sample 1
Purchase of Class A Units. (a) Subject to the terms and conditions set forth in this Agreement, M&N Holdings shall sell to the Company, and the Company shall purchase from M&N Holdings, the Holdings Class A Units for an aggregate cash purchase price equal to $105,662,806 (the “Purchase Price”). The price per Class A Unit shall be equal to the price per share of the Company’s Class A common stock in the Initial Public Offering.
Sample 1
Purchase of Class A Units. Subject to the terms and conditions set forth in this Agreement, the Seller hereby issues, sells and delivers to the Buyer, and the Buyer hereby purchases and acquires from the Seller, 425,532 Class A Units (the “Purchased Class A Units” and together with the Purchased OP Units, the “Purchased Units”) to purchase, in the aggregate, up to 425,532 additional OP Units (the “Additional OP Units”). Each Purchased Class A Unit shall give the holder the right to purchase one (1) Additional OP Unit at an exercise price equal to $11.75 per Additional OP Unit (subject to adjustment as provided by the terms of such Class A Units and the Class A Unit Agreement).
Sample 1
Purchase of Class A Units. MTLM represents to BBV that attached hereto as SCHEDULE 5.8 is a list of the only agreements relating to the purchase by MTLM of the equity interests in the General Partner (the "Class A Purchase Agreements") and the only employment arrangements to be entered into between the Company and each of the Shareholders or any Affiliate of the Shareholders (the "Employment Agreements"). MTLM has delivered accurate copies of the Class A Purchase Agreements and Employment Agreements to BBV. MTLM agrees that, without the prior written consent of BBV, it will not agree, whether prior to or following the Closing, to any amendment to the terms of the Class A Purchase Agreements which would have the effect of increasing in any material respect the amounts payable thereunder. Anything in this SECTION 5.8 to the contrary notwithstanding, neither the Company, the General Partner, nor MTLM shall be precluded from (i) changing any of the terms of any of the Employment Agreements subsequent to Closing or (ii) negotiating to acquire and /or acquiring any other businesses or interests therein currently or hereafter owned by the Shareholders.
Sample 1
Purchase of Class A Units. Subject to the terms and conditions of this Agreement, at the Closing, each Contributor agrees severally and not jointly to purchase from the Company, and the Company agrees to sell and issue to each such Contributor, the number of Class A Units set forth opposite such Contributor’s name on Schedule 1.0 for a consideration of $1.00 per Class A Unit.
Sample 1
Purchase of Class A Units. For the consideration specified below in Section 2.2, on and subject to the terms and conditions of this Agreement, XXX agrees to purchase from CFC, and CFC agrees to sell to XXX free and clear of any Liens, 48,949 Class A Units (the “Purchased Units”), such Purchased Units constituting a 48.9% voting membership interest in XxXxx on a fully diluted basis after the issuance of the Issued Units (as defined below).
Sample 1
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Related to Purchase of Class A Units

  • Class A Units If a Warrantholder exercises Warrants in connection with a tender offer for settlement prior to the First Regular Call Date, each Class A Unit called in connection with such exercise shall receive, in addition to principal and accrued interest, $1.50 per Class A Unit from the proceeds of the Warrant exercise. Class B Payments: If a Warrantholder exercises Warrants, then the Class B Units designated to be called in connection with such exercise shall receive the corresponding portion of the Class B Present Value Amount, adjusted for accrued Class B Payments on the Class B Units otherwise paid. If the Underlying Security Issuer redeems Underlying Securities and the previous paragraph does not apply, then the Class B Units designated for a redemption in connection with such redemption of Underlying Securities shall receive the amount with respect to the Class B Present Value Amount allocated for distribution in accordance with the applicable provisions of the Distribution Priorities below, paid as of the date of such redemption as an additional distribution.

  • Class B Units The term “Class B Units” means the Units having the privileges, preferences, and rights specified with respect to “Class B Units” in this Agreement, including those described in Section 7.1(c)(3).

  • Membership Units The Company is initially organized with One (1) class of Membership Interests, designated in Units, which Units are initially the only class of equity in the Company. The Units shall have no par value and shall be of a single class with identical rights. The Company shall have a first lien on the Units of any Member for any debt or liability owed by such Member to the Company. Additional and different classes of Membership Interests represented by different Units may be created and issued to new or existing Members on such terms and conditions as the Governors may determine. Such additional and different classes may have different rights, powers and preferences (including, without limitation, voting rights and distribution preferences), which may be superior to those of existing Members. Members shall have no preemptive rights to acquire additional or newly created Units.

  • Certificates Describing Partnership Units At the request of a Limited Partner, the General Partner, at its option, may issue a certificate summarizing the terms of such Limited Partner's interest in the Partnership, including the number of Partnership Units owned and the Percentage Interest represented by such Partnership Units as of the date of such certificate. Any such certificate (i) shall be in form and substance as approved by the General Partner, (ii) shall not be negotiable and (iii) shall bear the following legend: This certificate is not negotiable. The Partnership Units represented by this certificate are governed by and transferable only in accordance with the provisions of the Agreement of Limited Partnership of United Dominion Realty, L.P., as amended from time to time.

  • 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.

  • Preferred Units Without the consent of any Common Unitholder, the Board may cause the Company to issue one class of Preferred Units, which Preferred Units would have rights senior to those of the Common Units, and such other characteristics as the Board may determine, but, for so long as the Company operates as a BDC, in a manner that complies with the legal requirements applicable to a BDC. Prior to the issuance of a series of Preferred Units, the Board shall set the terms, preferences, conversion or other rights, voting powers, restrictions, limitations as to distributions, qualifications and terms or conditions of redemption.

  • Redemption of Partnership Interests of Non-citizen Assignees (a) If at any time a Limited Partner or Assignee fails to furnish a Citizenship Certification or other information requested within the 30-day period specified in Section 4.9(a), or if upon receipt of such Citizenship Certification or other information the General Partner determines, with the advice of counsel, that a Limited Partner or Assignee is not an Eligible Citizen, the Partnership may, unless the Limited Partner or Assignee establishes to the satisfaction of the General Partner that such Limited Partner or Assignee is an Eligible Citizen or has transferred his Partnership Interests to a Person who is an Eligible Citizen and who furnishes a Citizenship Certification to the General Partner prior to the date fixed for redemption as provided below, redeem the Partnership Interest of such Limited Partner or Assignee as follows:

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