Alclear Unit definition

Alclear Unit means a non-voting common interest unit of Alclear Holdings, LLC.

Examples of Alclear Unit in a sentence

  • GA AC Collections 2 owned of record 1,027,613 shares of Class C common stock, each convertible, together with a corresponding Alclear Unit, into one Class A common share, or 1.3% of the issued and outstanding shares of Class A common stock.

  • GA AC Collections 2 owned of record 1,027,613 shares of Class C common stock, each convertible, together with a corresponding Alclear Unit, into one Class A common share, or 1.1% of the issued and outstanding shares of Class A common stock.

Related to Alclear Unit

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Unit and “Quality” means the unit and quantity specified in the schedule.

  • Heat unit means a unit of energy equal to the product of the peak kilovoltage, milliamperes, and seconds, i.e., kVp x mA x second.