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)
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.)
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)
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