Common Unit Amount definition

Common Unit Amount means, with respect to any number of SCUs, the number of Common Units equal to such number of SCUs multiplied by the Common Unit Conversion Factor; provided, however, that in the event that the Operating Partnership issues to all holders of Common Units rights, options, warrants or convertible or exchangeable securities entitling such holders to subscribe for or purchase additional Common Units, or any other securities or property of the Operating Partnership (collectively, "Common Unit Additional Rights"), other than a right to receive Common Units pursuant to a Distribution of Common Units in Lieu of Cash (as defined below), then the Common Unit Amount shall also include (other than with respect to any Common Units or SCUs "beneficially owned" by an "Acquiring Person" (as those terms are defined in the Company's Rights Agreement, dated as of April 30, 1999, as amended as of the Principal Closing Date (as defined in the Master Contribution Agreement) and as it may be further amended from time to time, and any successor agreement thereof (collectively, the "Rights Agreement"))), such Common Unit Additional Rights that a holder of that number of Common Units would be entitled to receive. As used herein, the term "Common Unit Conversion Factor" shall mean 1.0, provided, that, in the event that the Operating Partnership (i) makes a distribution to all holders of its Common Units in Common Units (other than a distribution of Common Units pursuant to an offer to all holders of Common Units and SCUs permitting each to elect to receive a distribution in Common Units in lieu of a cash distribution (such a distribution of Common Units is referred to herein as a "Distribution of Common Units in Lieu of Cash")), (ii) subdivides or splits its outstanding Common Units (which shall expressly exclude any Distribution of Common Units in Lieu of Cash), or (iii) combines or reverse splits its outstanding Common Units into a smaller number of Common Units (in each case, without making a comparable distribution, subdivision, split, combination or reverse split with respect to the SCUs), the Common Unit Conversion Factor in effect immediately preceding such event shall be adjusted by multiplying the Common Unit Conversion Factor by a fraction, the numerator of which shall be the number of Common Units issued and outstanding on the record date for such distribution, subdivision, split, combination or reverse split (assuming for such purposes that such distribution, subdivision,...
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Common Unit Amount means a number of Common Units equal to the number of Tendered Units.
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Common Unit Amount means 462,408 Common Units, which is the number of Common Units (rounded down to the nearest whole Common Unit) equal to $10,000,000.00 divided by the Common Unit Price.
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Examples of Common Unit Amount in a sentence

  • Pursuant to Section 2.1(a)(iii) of the Exchange Agreement, in response to the Notice of Redemption, dated as of [·], 20 delivered by the applicable Participating Holder to which this Settlement Method Notice is addressed, the Operating Company hereby elects to settle the Exchange by payment of either the Common Unit Amount or the Cash Amount on the Specified Redemption Date as set forth on Schedule A to this Settlement Method Notice and notifies such Participating Holder of the same.

  • The Partnership shall deliver to Energen the Redemption Amount on the same date that it delivers the Common Unit Amount.

  • The Partnership shall deliver to the Sponsor the Redemption Amount on the same date that it delivers the Common Unit Amount.

  • The Common Units comprising the Common Unit Amount shall be issued by the MLP to the Seller (or its designee who must be an Accredited Investor) pursuant to a Private Placement and in accordance with Section 5.6 of the Partnership Agreement.

  • Xxxxx Xxxxxxx Title: President and Chief Financial Officer Schedule A Settlement Method and Specified Redemption Date Participating Holder Tendered Units Common Unit Amount or Cash Amount Amount of Consideration Specified Redemption Date [·] [·] [Common Unit Amount] / / [Cash Amount] [Units] / / $[·] [·] EXHIBIT D Form of Exercise Notice EXERCISE NOTICE Xxxxxxx Royalty Operating, LLC c/x Xxxxxxx Royalty Partners, LP 000 Xxxxxx Xxxxxx, Suite 810 Fort Worth, TX 76102 Email: xxxxx@xxxxxxxxx.xxx Attention: X.

  • Pacey xxxx.xxxxx@xxxxxxxx.xxx Fax: (000)-000-0000 $ 47,500,000 — — Schedule A-1 Purchaser and Address Committed Common Unit Amount Base Preferred Unit Amount Additional Preferred Unit Amount Triangle Peak Partners II, LP Attn: Xxxxxxx X.

  • The purchase price payable by the Purchaser to the Seller for the Interest (the “Purchase Price”) shall be equal to sixty-six million six hundred sixty five thousand dollars ($66,665,000) to be paid as follows: (i) fifty-six million six hundred sixty five thousand dollars ($56,665,000) payable by wire transfer of immediately available funds concurrently herewith, plus (ii) ten million dollars ($10,000,000) payable by the Common Unit Amount.

  • Upon any such contribution of an Excluded Property or the proceeds therefrom, WEA shall receive in exchange for such contribution, notwithstanding the actual value of such Excluded Property or the amount of such proceeds (as the case may be), an amount of Partnership Common Units equal to the Specified Partnership Common Unit Amount.

  • In connection with a Series S Exchange Notice delivered to the Operating Partnership, the Series S Exchange Consideration shall be paid by the Operating Partnership by the issuance by the Operating Partnership of a number of Common Units equal to the Common Unit Amount.


More Definitions of Common Unit Amount

Common Unit Amount means a number of Common Units equal to the number of Tendered Units and an amount of cash equal to the applicable Redemption Amount.
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Common Unit Amount means a number of Common Units equal to the number of Tendered Units. “Common Units” has the meaning set forth in the Partnership Agreement.
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Related to Common Unit Amount

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

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

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

  • Per Share Amount has the meaning set forth in Section 2.01(e)(iii).

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • 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 Common Units means the Company's Class A Common Units.

  • Common Unit Economic Balance has the meaning set forth in Section 5.01(g) hereof.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

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

  • Common Units is defined in the Partnership Agreement.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

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

  • Net Share Amount has the meaning set forth in Section 3.03(c).

  • Share Amount means a fraction of ETF Shares calculated in accordance with

  • Unit Share means a Common Share comprising part of each Unit;

  • Class A Common Shares means the Class A common shares of the Company, par value US$0.00001 per share, at the date of this Indenture, subject to Section 14.07.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Class B Common Shares means shares of Class B Common Stock.

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

  • Share Dilution Amount means the increase in the number of diluted shares outstanding (determined in accordance with GAAP applied on a consistent basis, and as measured from the date of the Issuer’s most recent consolidated financial statements prior to the Signing Date) resulting from the grant, vesting or exercise of equity-based compensation to employees and equitably adjusted for any stock split, stock dividend, reverse stock split, reclassification or similar transaction.

  • Common Stock Price means, as of a particular date, the average of the Fair Market Value of one share of Common Stock over the fifteen (15) consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • ACCUMULATION UNIT VALUE means the dollar value of each Accumulation Unit in a Separate Account on a given date. (If Investment Funds apply as described in Section 2.02, then the terms of this Section 2.03 apply separately to each Fund, unless otherwise stated.) Amounts allocated or transferred to a Separate Account are used to purchase Accumulation Units of that Account. Units are redeemed when amounts are deducted, transferred or withdrawn. The number of Accumulation Units in a Separate Account at any time is equal to the number of Accumulation Units purchased minus the number of Units redeemed in that Account up to that time. The number of Accumulation Units purchased or redeemed in a transaction is equal to the dollar amount of the transaction divided by the Account's Accumulation Unit Value for that Transaction Date.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.