Closing Units definition

Closing Units shall have the meaning ascribed to such term in Section 2.1(a)(i).

Closing Units means Units that were originally purchased on the date of this Agreement (as adjusted for any Unit combinations, Unit splits, or equity dividends, recapitalizations, reclassifications and the like with respect to the Units (including any Corporate Conversion) and the Earnout Transactions, if applicable).

Closing Units means the Xxxxx Closing Units, Flowco Closing Units and Flogistix Closing Units, collectively.

Examples of Closing Units in a sentence

• In exchange for the Xxxxx Contribution, Newco shall issue and deliver to Xxxxx Holdings, and Xxxxx Holdings shall accept and acquire, the Xxxxx Closing Units, subject to the terms and restrictions in this Agreement, the Newco LLC Agreement and applicable securities Laws.

• In exchange for the Flogistix Contribution, Newco shall issue and deliver to Flogistix Holdings, and Flogistix Holdings shall accept and acquire, the Flogistix Closing Units, subject to the terms and restrictions in this Agreement, the Newco LLC Agreement and applicable securities Laws.

• In exchange for the Flowco Contribution, Newco shall issue and deliver to Flowco Production Solutions, and Flowco Production Solutions shall accept and acquire, the Flowco Closing Units, subject to the terms and restrictions in this Agreement, the Newco LLC Agreement and applicable securities Laws.

More Definitions of Closing Units

Closing Units has the meaning set forth in Section 2.1.

Closing Units is defined in Section 2.2(a)(i).