Company Units definition

Company Units has the meaning set forth in the Recitals.

Company Units means, collectively, the units of interest in the Company, which are represented by the Company Class A Units, Company Class A-1 Units and Company Class B Units.

Company Units means the Common Units and the Restricted Common Units.

Examples of Company Units in a sentence

• All outstanding Company Units are duly authorized, validly issued fully paid and nonassessable (to the extent such concept is applicable to such Company Units).

• Following the Effective Time, upon the automatic surrender by Seller of book-entry units registered in the transfer books of the Company, representing all of the Company Units issued and outstanding immediately prior to the Effective Time (other than Canceled Units) to the Exchange Agent for cancellation, Parent shall cause the Exchange Agent to issue a number of shares of Parent Stock equal to the Aggregate Closing Consideration to Seller.

• In accordance with Section 18-210 of the DLLCA and Section 262 of the DGCL, no appraisal rights shall be available to holders of Company Units, Seller Units or Parent Stock in connection with the Merger and the Transactions.

• All of the issued and outstanding Company Units are owned by Seller, as the sole member of the Company.

• Seller is the sole member of the Company and owns all issued and outstanding Company Units.

More Definitions of Company Units

Company Units means, collectively, the Company Series A Preferred Units and the Company Common Units.

Company Units has the meaning set forth in Section 3.1(a)(iii).

Company Units is defined in the recitals to this Agreement.

Company Units means the Common Units, Common Incentive Units and the Preferred Units, as applicable. For all purposes of this Agreement, references to Company Units, either individually or collectively, shall be deemed to include the applicable Company Units and all Company Interests represented thereby.

Company Units shall have the meaning set forth in Section 5.1.

Company Units means (i) any Common Units (including any vested Class B Common Units) purchased or otherwise acquired by any unitholder, (ii) any unvested Class B Common Units, (iii) any Common Units issued or issuable directly or indirectly upon the exercise or exchange of any securities purchased or otherwise acquired by any unitholder which are convertible into or exchangeable for the Company Units described in clause (i) (including pursuant to options to purchase Company Units granted by the Company), and (iv) any Common Units issued or issuable directly or indirectly with respect to the Common Units referred to in clauses (i), (ii) or (iii) above by way of unit distribution or unit split or in connection with a combination of units, recapitalization, merger, consolidation or other reorganization (including any equity securities issued in connection with the conversion of the Company from a limited liability company to a corporation as contemplated in Section 14.1 of the LLC Agreement or otherwise). As to any particular securities constituting Company Units hereunder, such securities shall cease to be Company Units when they have been sold in a Public Sale in accordance with the terms of this Agreement.

Company Units means “Units,” as that Term is defined in the Company Operating Agreement.