Deferred Issuance definition

Deferred Issuance has the meaning given such term in Section 5.3(c).
Deferred Issuance means the issuance by the Partnership of a number of additional Common Units that is equal to the excess, if any, of (a) 2,463,750 over (b) the aggregate number, if any, of Common Units actually purchased by and issued to the IPO Underwriters pursuant to the Over-Allotment Option on the Option Closing Date(s).
Deferred Issuance has the meaning set forth in the Partnership Agreement.

Examples of Deferred Issuance in a sentence

  • The Record Date for the first distribution of Available Cash shall not be prior to the final closing of the Over-Allotment Option or the Deferred Issuance and Distribution.

  • The Record Date for the first distribution of Available Cash shall not be prior to the final closing of the Over-Allotment Option or the Deferred Issuance.

  • HIP LP hereby instructs the Partnership to issue the Closing Date Common Units, the Closing Date Subordinated Units and the Deferred Issuance Units, if any, in each case 50% directly to HINDL and 50% directly to GIP.

  • As consideration of the transfer of interests in the Contributed Subsidiary set forth in Section 2.2, the Partnership shall issue or distribute, as applicable, to MLP Holdco (i) the Sponsor Units, (ii) an amount of cash equal to the Distribution Amount, (iii) the right to receive the Deferred Issuance and Distribution, and (iv) the Incentive Distribution Rights.

  • The Record Date for the first distribution of Available Cash shall not be prior to the final closing or the expiration of the Over-Allotment Option or the Deferred Issuance, as applicable.

  • By: Title: EMPLOYEE Name: Date of Hire: This Deferred Issuance Stock Award Letter (the “Award”) when taken together with the Amended Master Deferred Issuance Stock Agreement (“Master Agreement”) constitutes an award to the individual whose name appears on the signature line below (“Employee”) of Deferred Shares with respect to the shares of common stock of Level 3 Communications, Inc.

  • Upon the expiration of the Option Period, any Option Units not purchased by the Underwriters pursuant to the Underwriting Agreement shall be issued to each of VTDC, Premcor Pipeline, Premcor Refining and VRCT in accordance with their respective Deferred Issuance Percentages.

  • Upon the conclusion of the Option to Purchase Additional Units, the Partnership shall take all action necessary to effect the Deferred Issuance and Distribution to WRSW.

  • If requested by the Company, Employee shall execute and deliver to the Company blank stock powers for use in connection with the transfer to Holdings of Deferred Issuance Shares that do not become vested.

  • Holding shall be treated as the owner of the Deferred Issuance Shares for federal income tax purposes while such shares are held in escrow and until the Deferred Payment Date.


More Definitions of Deferred Issuance

Deferred Issuance has the meaning set forth in the Partnership Agreement. “Effective Time” means 12:01 a.m. Eastern Time on the Closing Date.
Deferred Issuance has the meaning ascribed thereto in Section 3.2(b)(ii);
Deferred Issuance means the issuance by the Partnership of a number of additional Common Units that is equal to the excess, if any, of