Additional Call Units definition
Additional Call Units shall have the meaning assigned to such term in Section 3.3(b)(i).
Additional Call Units shall have the meaning assigned to such term in Section 3.3(b)(i). “Additional Equity Securities” shall have the meaning assigned to such term in
Additional Call Units means, with respect to each issuance of New Units prior to the earlier of the termination of the NBC Call or the purchase of the Call Units upon exercise of the NBC Call, a number of Units equal to (a) the aggregate number of New Units purchased by the CNET Holders pursuant to the exercise of their rights pursuant to Section 3.4 in respect of such issuance MINUS (b) the maximum aggregate number of New Units that the CNET Holders could have purchased pursuant to Section 3.4 in connection with such issuance of New Units had the NBC Call been exercised (whether or not then exercisable pursuant to Section 7.4) prior to such new issuance and the Call Units therefore been owned by NBC Multimedia rather than CNET.
Examples of Additional Call Units in a sentence
In connection with determining that an Additional Call Amount is necessary, the CORR Managers shall (A) issue Class B-1 Units (the “Additional Call Units”) to the Capital Members in the event such Capital Members actually fund Capital Contributions in respect of such Additional Call Amount (the “Contributing Members”) and (B) determine the Fair Market Value of each Class B-1 Unit of such Additional Call Units (the “Additional Call Unit FMV”).
Should ▇▇▇▇▇ desire to exercise such right, ▇▇▇▇▇ shall give notice thereof to the Company within thirty (30) days following receipt of a notice from the Company of its intent to issue Additional Call Units (a “Preemptive Right Response”).