Examples of Class B Units in a sentence
The Note shall convert to Class B Units in the Company upon the occurrence of a Trigger Event, as defined below.
The undersigned hereby subscribes for and agrees to purchase Class B Units of the Company, at a Price Per Class B Unit of $1.00, for an aggregate investment amount of $ , on the terms and conditions set forth in this Subscription Agreement.
No assurance can be given as to the ultimate success of GREEN ALCHEMY, as to its ability to generate revenues or as to how soon, if ever, the purchasers of Class B Units may receive a return on their investment.
The closing (the “Closing”) of the purchase of the Class B Units by the undersigned shall take place on such date that the Manager acknowledges its acceptance of this Subscription Agreement by delivering to the undersigned a signed counterpart of this Subscription Agreement.
The Offering of the Class B Units will not be registered with the Securities and Exchange Commission under the Securities Act or the securities agency of any state, and the Class B Units are being offered in reliance upon an exemption from the registration provisions of the Securities Act and state securities laws (“Regulation Crowdfunding Exemption”).