Designated Unitholder definition

Designated Unitholder means Xxx Xxxxxxxx Xxxxxxx either directly or indirectly (through entities owned and controlled by her or trusts or foundations of which she is the beneficiary) and/or Navios Maritime Holdings Inc. or any of its affiliates being, either individually or together, the ultimate beneficial owner(s) of, or having ultimate control of the voting rights attaching to, at least 5 per cent. of all the common units in the Corporate Guarantor and in the plural means all of them;
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Designated Unitholder means each Unitholder other than Blocker.
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Designated Unitholder means each Unitholder other than HIG Seller. - 66 -
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Examples of Designated Unitholder in a sentence

  • Notwithstanding any other provision of this Agreement, the Parties agree that Buyer, Merger Sub and the Surviving Company shall be entitled to rely solely on the Representative's determination of the portion of the Closing Cash Payment or any Future Distribution Amount payable to Blocker Seller and each Designated Unitholder.

  • Within fifteen Business Days following the date of this Agreement, to the extent not delivered prior to the date of this Agreement, the Company shall, or shall instruct the Paying Agent to, deliver to each Designated Unitholder a letter of transmittal, in the form of Exhibit D attached hereto (the "Letter of Transmittal").

  • The Letter of Transmittal shall also provide that if Buyer or any of its Affiliates (including the Company and its Subsidiaries) receives a refund of any amount for which Buyer has received a payment from a Designated Unitholder, Buyer shall promptly remit such refund to the Designated Unitholder.

  • If a Designated Unitholder delivers its duly completed and validly executed Letter of Transmittal to the Paying Agent prior to the Closing, then at the Closing the Company shall instruct the Paying Agent to deliver to such Designated Unitholder the portion of the Estimated Closing Cash Payment payable to such Designated Unitholder pursuant to Section 2.07(a)(i).

  • Here, paragraphs 1 and 3 of the LOI make clear that Recurrent paid $2 million per Project in exchange for the exclusive rights to purchase the Projects and market the Projects’ power.

  • If a Designated Unitholder delivers its duly completed and validly executed Letter of Transmittal to the Paying Agent on or prior to the Closing Date, then at the Closing the Company shall instruct the Paying Agent to deliver to such Designated Unitholder the portion of the Estimated Closing Cash Payment payable to such Designated Unitholder pursuant to Section 2.07.

  • Buyer shall be entitled to rely on any action taken by the Representative, pursuant to Section 14.17(b) (each, an "Authorized Action"), and each Authorized Action shall be binding on Blocker Seller and each Designated Unitholder as fully as if such Person had taken such Authorized Action.

  • Inventory and Adequacy of Existing FacilitiesThe City of Imperial is served by one fire station located at 2514 La Brucherie Road shown in Exhibit 7 – Existing and Proposed Fire Facilities.

  • If, after the execution of this Agreement, any Designated Unitholder or Blocker Seller dies, dissolves or liquidates or becomes incapacitated or incompetent, then the Representative is nevertheless authorized, empowered and directed to act in accordance with this Agreement as if that death, dissolution, liquidation, incapacity or incompetency had not occurred and regardless of notice thereof.

  • The study team will pilot the tool prior to the start of the review to ensure that it appropriately captures the information.


More Definitions of Designated Unitholder

Designated Unitholder means each Unitholder other than Blocker. For the avoidance of doubt, the Optionholders are not, with respect to the Options, Designated Unitholders.
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Designated Unitholder means each Unitholder other than Arsenal Blocker Seller.
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Related to Designated Unitholder

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

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

  • Unitholders means the holders of Units.

  • Unit Holder means the owner of one or more Units.

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

  • Covered Units means, with respect to each Unitholder, such Unitholder’s Existing Units, together with any WMLP Common Units that such Unitholder becomes the Record Holder or beneficial owner of on or after the date hereof.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • 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.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

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

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Limited Partner means any Person named as a Limited Partner on Exhibit A attached hereto, and any Person who becomes a Substitute Limited Partner, in such Person’s capacity as a Limited Partner in the Partnership.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.