Class C Unit Price definition

Class C Unit Price shall have the meaning specified in Section 2.04.
Sample 1
Class C Unit Price means $21.00 per Purchased Class C Unit.
Sample 1
Class C Unit Price shall have the meaning specified in Section 4.04.
Sample 1

Examples of Class C Unit Price in a sentence

  • The number of Purchased Units to be issued and sold to Purchaser will be equal to Purchaser’s Commitment Amount divided by the Class C Unit Price; provided, however, that upon completion of a Qualified Equity Offering, Purchaser shall be entitled to reduce Purchaser’s Commitment Amount as provided in Section 2.07.

  • Purchaser agrees to pay Atlas the Class C Unit Price for each such Purchased Unit.

  • The amount per Class C Unit each Purchaser will pay to Regency to purchase the Purchased Class C Units shall be the Class C Unit Price.

  • When a Holder, together with any of its Affiliates who are also Holders, owns less than $10.0 million of Registrable Securities that are Common Units (based on the Class C Unit Price), it must notify the Partnership.

  • Subject to the terms and conditions of this Agreement, at the Closing (as defined in Section 2.02 below) Regency hereby agrees to sell to each Purchaser, and each Purchaser hereby agrees, severally and not jointly, to purchase from Regency, the number of Purchased Class C Units, respectively, set forth opposite its name on Exhibit A hereto at the Class C Unit Price per Class C Unit.

  • The piggyback rights under Section 2.2 will terminate at the earlier of (i) the time at which a Holder and its Affiliates own less than $10.0 million of Common Units issued upon conversion of the Class C Units (based on the Class C Unit Price) or (ii) the Common Units into which the Class C Units are convertible cease to be Registrable Securities.

  • In addition, the provisions of this Section 2.6 shall not apply with respect to a Holder that (i) owns less than $10.0 million of Registrable Securities based on the Class C Unit Price, or (ii) has delivered a Piggyback Opt-Out Notice or a Resale Opt-Out Notice to the Partnership pursuant to Section 2.2 hereof.


More Definitions of Class C Unit Price

Class C Unit Price means the amount per Class C Unit each Purchaser will pay to the Partnership to purchase the Purchased Units.
Sample 1
Class C Unit Price means the initial price to the public of a Share in an IPO, or the price per Share to the equity investors in a Liquidity Event that is a private placement, less a cumulative available discount of up to $500,000 for all Class C Limited Partners, applied in accordance with this definition on a pro rata basis. If the initial Liquidity Event is a private placement of equity, to the extent that a Class C Partner retains an equity interest in the Partnership or the Surviving Entity, such Partner will receive an appropriate discount measured by the savings of underwriting costs, if any, arising as a result of such Partner's continued interest. In any IPO, the Class C Partners will receive a discount in computing the amount of continued equity investment equal to (A) such Partner's pro rata share of the initial cumulative available discount of $500,000 multiplied by a fraction, the numerator of which is the Class C Limited Partner's Agreed Value after reduction for any distribution in cash previously made from Net Liquidity Event Proceeds, or in the IPO, and the denominator of which is such Partner's initial Agreed Value less (B) the amount of discount previously utilized pursuant to this definition, if any, in the determination of the equity of such Partner as a result of a prior private placement.
Sample 1
Class C Unit Price means $42.60.
Sample 1

Related to Class C Unit Price

  • Class C Unit means a Partnership Security representing a fractional part of the Partnership Interests of all Limited Partners and Assignees, and having the rights and obligations specified with respect to the Class C Units in this Agreement. The term “Class C Unit” does not refer to a Common Unit until such Class C Unit has converted into a Common Unit pursuant to the terms hereof.

  • Common Unit Price has the meaning specified in Section 2.1(b).

  • Class C Units means the Class C Units of the Company.

  • Initial Unit Price means (a) with respect to the Common Units and the Subordinated Units, the initial public offering price per Common Unit at which the Underwriters offered the Common Units to the public for sale as set forth on the cover page of the prospectus included as part of the Registration Statement and first issued at or after the time the Registration Statement first became effective or (b) with respect to any other class or series of Units, the price per Unit at which such class or series of Units is initially sold by the Partnership, as determined by the General Partner, in each case adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of Units.

  • Unit Price means an amount stated in the Bid for which Bidder offers to perform the Unit Price Work for a fixed price per unit of measurement.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Unrecovered Initial Unit Price means at any time, with respect to a Unit, the Initial Unit Price less the sum of all distributions constituting Capital Surplus theretofore made in respect of an Initial Common Unit and any distributions of cash (or the Net Agreed Value of any distributions in kind) in connection with the dissolution and liquidation of the Partnership theretofore made in respect of an Initial Common Unit, adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of such Units.

  • Common Unit Economic Balance means (i) the Capital Account balance of the General Partner, plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to the General Partner’s ownership of Partnership Common Units and computed on a hypothetical basis after taking into account all allocations through the date on which any allocation is made under Section 6.2.D hereof, divided by (ii) the number of the General Partner’s Partnership Common Units.

  • Class A Unit means a Unit representing a fractional part of the equity interest in the Company having the rights and obligations specified with respect to the Class A Units in this Agreement.

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.

  • Current Class B Interest Distribution Amount As to any Distribution Date, the amount distributed in respect of the Classes of Class B Certificates pursuant to Paragraphs fifth, eighth, eleventh, fourteenth, seventeenth and twentieth of Section 4.01(a) on such Distribution Date.

  • Class B Units means the Class B Units of the Company.

  • Class B-1 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-1 Certificates pursuant to Paragraphs fifth, sixth and seventh of Section 4.01(a).

  • Per Unit Purchase Price equals $2.125, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Class B-2 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-2 Certificates pursuant to Paragraphs eighth, ninth and tenth of Section 4.01(a).

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Current Class A Interest Distribution Amount As to any Distribution Date, the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph first of Section 4.01(a) on such Distribution Date.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Class B-3 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-3 Certificates pursuant to Paragraphs eleventh, twelfth and thirteenth of Section 4.01(a).

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B-6 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-6 Certificates pursuant to Paragraphs twentieth, twenty-first and twenty-second of Section 4.01(a).

  • Class C Distribution Amount With respect to any Distribution Date, the sum of (i) the Current Interest for the Class C Interest for such Distribution Date, (ii) any Overcollateralization Release Amount for such Distribution Date and (iii) without duplication, any Subsequent Recoveries not distributed to the Class A, Class M and Class B Certificates on such Distribution Date; provided, however, that, on any Distribution Date after the Distribution Date on which the Certificate Principal Balances of the Class A, Class M and Class B Certificates have been reduced to zero, the Class C Distribution Amount shall include the Overcollateralization Amount.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.