Unit Consideration. The Unit Consideration by issuance of a certificate of common units to CCE Holdings; and
Unit Consideration. The Unit Consideration by issuance of a certificate of common units to Southern Union; and
Unit Consideration. If Fund C is unable to confirm that one or more of its members is an Accredited Investor (either by a failure of such member to return a fully-completed and executed investor questionnaire, failure by such member to meet the requirements of an Accredited Investor set forth in Rule 501 of the Securities Act or otherwise), then Fund C agrees that it (i) shall only distribute to such member its pro rata portion of the Cash Consideration and (ii) shall not distribute, transfer or assign any Unit to any such member.
Unit Consideration. If Fund E is unable to confirm that one or more of its members is an Accredited Investor (either by a failure of such member to return a fully-completed and executed investor questionnaire, failure by such member to meet the requirements of an Accredited Investor set forth in Rule 501 of the Securities Act or otherwise), then Fund E agrees that it (i) shall only distribute to such member its pro rata portion of the Cash Consideration and (ii) shall not distribute, transfer or assign any Unit to any such member.
Unit Consideration. The Unit Consideration by issuance of a certificate of common units to ETE; and
Unit Consideration. If Fund G is unable to confirm that one or more of its members is an Accredited Investor (either by a failure of such member to return a fully-completed and executed investor questionnaire, failure by such member to meet the requirements of an Accredited Investor set forth in Rule 501 of the Securities Act or otherwise), then Fund G agrees that it (i) shall only distribute to such member its pro rata portion of the Cash Consideration and (ii) shall not distribute, transfer or assign any of the Units or the Reserved Units, if issued, to any such member.
Unit Consideration. Subject to credits, adjustments and prorations due Purchaser under Section 3.6 and other relevant Sections of this Agreement, up to $51,526.00 of the Purchase Price may be paid by delivery to Seller of Units of Purchaser (“Units”) as described on attached Exhibit “B”. The amount to be paid by delivery of Units is referred to as the “Unit Consideration.” The number of Units delivered to Seller on the Closing Date shall be equal to (i) the Unit Consideration, divided by the volume weighted average of the closing prices of the common shares of Condor Hospitality Trust, Inc. as reported by NASDAQ for the trailing three (3) trading days immediately preceding the announcement date of this Agreement, multiplied by (ii) eight (8).
Unit Consideration. The Class D Units and the GP Units issued by the Partnership under this Agreement have been duly reserved and authorized for issuance and sale to CGSH and the GP, respectively, and, when so issued and delivered pursuant to the terms and conditions of this Agreement in exchange for the conveyance of the Subject Interest, will be validly issued and nonassessable (except as such nonassessability may be affected by applicable Delaware Laws and the Partnership Agreement). CGSH and the GP, respectively, shall be the record owners of the Class D Units and the GP Units upon issuance thereof free and clear of any Liens or other restrictions on transfer thereof, except as set forth in the Partnership Agreement or as required under applicable securities Laws. The issuance of the Unit Consideration is exempt from registration under applicable securities Laws.
Unit Consideration. The Unit Consideration issued and delivered to the Contributor by one or more certificates representing the MWE Class B Units comprising the Unit Consideration.
Unit Consideration. Section 2.4(a)(i) of the Agreement is amended and restated in its entirety to provide as follows:
(i) At least 10 Business Days prior to the Initial Closing Date, Campus will notify Purchaser in writing of the dollar amount of the Consideration (the “Unit Consideration”) that Seller elects to receive in the form of Purchaser OP Units, which shall not be less than an aggregate of $15,000,000 nor more than an aggregate of $50,000,000, and the amount of Unit Consideration to be paid on the Initial Closing Date (the “Existing Property Unit Consideration”) and each Development Property Closing Date or Deferred Closing Date (the “Development Property Unit Consideration”), and Annex A shall be revised to indicate the type of Consideration payable with respect to each Campus Property listed on Annex A (without change to the aggregate Assigned Price of any Campus Property). If such notice is not received by Purchaser on or before such date, Seller will be deemed to have elected to receive no Existing Property Unit Consideration and no Development Property Unit Consideration. At least ten days before the applicable closing, Seller shall give Purchaser notice of the name, address and other reasonable information required by Purchaser of or relating to the Recipients to receive Purchaser OP Units at such closing.”
