Common use of Restrictive Covenant Violation Clause in Contracts

Restrictive Covenant Violation. If a Restrictive Covenant Violation occurs, then the purchase price per Unit will be the lesser of (A) Fair Market Value (measured as of the Repurchase Notice Date) and (B) Cost; and

Appears in 4 contracts

Samples: Management Unit Subscription Agreement (Nevada Property 1 LLC), Management Unit Subscription Agreement (Nevada Property 1 LLC), Management Unit Subscription Agreement (Nevada Property 1 LLC)

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Restrictive Covenant Violation. If a Restrictive Covenant Violation occurs, then the purchase price per Unit Share will be the lesser of (A) Fair Market Value (measured as of the Repurchase Notice Datepurchase date) and (B) CostCost (in each case, less, in the case of Options, the Option Price); andor

Appears in 2 contracts

Samples: Management Equity Subscription Agreement (Gates Industrial Corp PLC), Management Equity Subscription Agreement (Gates Industrial Corp PLC)

Restrictive Covenant Violation. If a Restrictive Covenant Violation occurs, then the purchase price per Unit Share will be the lesser of (A1) Fair Market Value (measured as of the Repurchase Notice Date) and (B2) Cost; and

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Vivint Solar, Inc.)

Restrictive Covenant Violation. If a Restrictive Covenant Violation occurs, then the purchase price per Unit Share will be the lesser of (A) Fair Market Value (measured as of the Repurchase Notice Datepurchase date) and (B) Cost; andor

Appears in 1 contract

Samples: Management Equity Subscription Agreement (Dominion Textile (Usa), L.L.C.)

Restrictive Covenant Violation. If In the event of a Restrictive Covenant Violation occursViolation, then the purchase price per Unit will be the lesser of (A) Fair Market Value thereof (measured as of the Repurchase Notice Valuation Date) and (B) Cost; and;

Appears in 1 contract

Samples: Management Unit Subscription Agreement (Apria Healthcare Group Inc)

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Restrictive Covenant Violation. If a Restrictive Covenant Violation occurs, then the purchase price per Unit will be the lesser of (A1) Fair Market Value of the Issuer Equity (measured as of the Repurchase Notice Date) and (B2) CostCost of the Issuer Equity; and

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Apria, Inc.)

Restrictive Covenant Violation. If a Restrictive Covenant Violation occurs, then the purchase price per Co-Investment Unit will be the lesser of (A) Fair Market Value (measured as of the Repurchase Notice Date) and (B) Cost; andor

Appears in 1 contract

Samples: Management Subscription Agreement (APX Group Holdings, Inc.)

Restrictive Covenant Violation. If a Restrictive Covenant Violation occurs, then the purchase price per Incentive Unit (whether a Vested Incentive Unit or an Unvested Incentive Unit) will be the lesser of (A) Fair Market Value (measured as of the Repurchase Notice Date) and (B) Cost; and

Appears in 1 contract

Samples: Management Subscription Agreement (APX Group Holdings, Inc.)

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