Examples of Company Series A Preferred Units in a sentence
In addition, upon either a change in control or sale or transfer of all or substantially all of the assets of the Company, Series A Preferred Units may, at the holder's option, be redeemed at $25.00 per unit, plus accrued and unpaid Preferred Distributions.
He explained that notice did not need to be given to each owner of the subdivision on what happened at the Planning and Zoning Board meeting; however, notice should have been given according to State Statutes and by the City’s code.
As consideration for the contribution, NG Advantage issued to the Company Series A Preferred Units with an aggregate value of $7,500.
This Warrant to Purchase Limited Liability Company Series A Preferred Units (“Warrant”) is issued in connection with that certain Loan and Security Agreement of even date herewith between Silicon Valley Bank and the Company (as amended and/or modified and in effect from time to time, the “Loan Agreement”).
As of the date hereof, there were outstanding, 386,988,319 Company Voting Common Units, 7,350,040 Company Non-Voting Common Units, 404,992,285 Company Series A Preferred Units, 73,582,435 Company Series A-2 Preferred Units and 508,332,017 Company Series B Preferred Units.
As of the date of this Agreement, the Company has authorized Securities consisting of 684,932 Existing Company Series A Preferred Units, all of which are issued and outstanding, 2,765,027 Existing Company Series B Preferred Units, all of which are issued and outstanding, 10,000,000 Existing Company Common Units, of which 5,500,840, are issued and outstanding and no Existing Company Incentive Units.
For clarity, this Section 1.03 shall not apply to the issuance of Acquiror Series A Preferred Stock pursuant to the First Merger or the exchange of the Company Class C Units for Company Series A Preferred Units.
Members' Equity (continued) In addition, upon either a change in control or sale or transfer of all or substantially all of the assets of the Company, Series A Preferred Units may, at the holder's option, be redeemed at $25.00 per unit, plus accrued and unpaid Preferred Distributions.
As of the Capitalization Date, (i) 25,650,065 Operating Company Units, (ii) 139,875 Company Series A Preferred Units and (iii) 1,571,734 Company Series B Preferred Units, in each case were issued and outstanding, all of which were duly authorized, validly issued, fully paid and nonassessable, and free of preemptive rights, rights of repurchase, rights of participation or any similar rights.