Examples of BGC Opcos in a sentence
Group purchase from the BGC Opcos an equal number of BGC U.S. Opco Units and BGC Global Opco Units for a price equal to the BGC Per Unit Price for each set of one BGC U.S. Opco Unit and one BGC Global Opco Unit.
The amount of the net proceeds or other property that shall be contributed by BGC Partners to Newmark Opco pursuant to the foregoing shall be equal to the Newmark Per Unit Price multiplied by the number of Newmark Opco Units issued to BGC Partners (it being understood that the BGC Partners Board shall have the right to make any equitable adjustment to the amount contributed to Newmark Opco, on the one hand, and the BGC Opcos, on the other hand, if any event shall occur that shall warrant such adjustment).
Immediately following the investment described in Section 2.1(b), the BGC Opcos shall contribute to Newmark Holdings an amount of cash equal to the BGC Partners/BGC Opcos Contribution Amount.
In exchange for such contribution, Newmark Holdings shall issue to the BGC Opcos a Newmark Holdings Exchange Right Interest consisting of a number of Newmark Holdings Exchange Right Units equal to 8,856,239.33 (which equals the BGC Partners/BGC Opcos Contribution Amount, divided by the Newmark Stock Price).
The remainder of the net proceeds or other property shall be contributed by BGC Partners to the BGC Opcos.
The 5,502,803 BGC Holdings Units should have been excluded because, as set forth in the BGC Holdings Partnership Agreement, these 5,502,803 BGC Holdings Units were automatically re-acquired by BGC Holdings upon Termination of the applicable Founding/Working Partners, and the BGC Opcos similarly reacquired from BGC Holdings an equivalent number of BGC U.S. Opco Units and BGC Global Opco Units.
Exercise of Discretion with Respect to Legacy Units Held by Employees of BGC Holdings, the BGC Opcos or their Respective Subsidiaries 101 SECTION 13.01.
Exercise of Discretion with Respect to Legacy Units Held by Employees of BGC Holdings, the BGC Opcos or their Respective Subsidiaries 103 SECTION 13.01.
In consideration for the pay increase outlined in this paragraph, employees will be responsible for performing Emergency Medical Dispatch and Emergency Fire Dispatch protocols and any future Police protocols that may be enacted.
Working Partner was employed by or substantially providing services for the BGC Opcos, individually by either spouse or jointly by them.