Acquired Units definition

Acquired Units means the Units acquired by the Corporate Taxpayer in the Reorganization.

Acquired Units is defined in Section 2.2.

Acquired Units is defined in Section 3.1.

Examples of Acquired Units in a sentence

• The terms and conditions of this Agreement shall continue to apply to the Acquired Units so assigned.

• Upon lapse of the restrictions on Acquired Units, the Participant will remit to Management LLC, or to an Affiliate thereof designated by Management LLC, an amount sufficient to satisfy any federal, state, or local withholding tax requirements, or shall have made other arrangements satisfactory to Management LLC and its Affiliates with respect to such taxes, unless the Participant has provided Management LLC with evidence of a timely filed election under Section 83(b) of the Code.

• The rights of the Participant with respect to the Acquired Units are subject to modification and termination in certain events as provided in the Plan, this Agreement and the Management LLC Operating Agreement.

• Participant agrees that he shall take any action in respect of the Acquired Units, Management LLC and Tower reasonably requested by Tower or Management LLC in order to facilitate the consummation of the IPO, including without limitation entering into any lock-up agreement that the underwriter in the IPO requests Tower’s directors and officers to execute in connection with the IPO.

• The Acquired Units may not be transferred, pledged, hypothecated or otherwise disposed of in any way by the Participant, except to the extent permitted by the Management LLC Operating Agreement and unless and to the extent that they become “Vested Units” (as defined in Section 9 herein); provided, however, that the Acquired Units may be assigned in whole or in part to a trust established exclusively for the Participant and/or one or more of the Participant’s family for estate planning purposes.

More Definitions of Acquired Units

Acquired Units means the Units acquired by the Corporate Taxpayer in the Second Step Mergers.

Acquired Units means the Buyer Units that SCB Partners is acquiring directly or indirectly pursuant to this Agreement, provided that, for purposes of Section 5.10, “Acquired Units” shall also refer to any securities or other interests of Buyer, Alliance Holding or any of their successors issued, exchanged or otherwise received, directly or indirectly, in respect of any Acquired Units.

Acquired Units means the Units acquired by the Corporate Taxpayer in the Blocker Mergers or an Exchange.

Acquired Units shall have the meaning set forth in Section 2.1.

Acquired Units means the Common Units issued to Quicksilver upon consummation of the transactions contemplated by the Contribution Agreement.

Acquired Units means any Units acquired on due exercise of the Option.

Acquired Units means a number of Units equal to the product of (a) the Aggregate Closing Units multiplied by (b) 0.50.