Earnout Units definition

Earnout Units means the Class 1 Earnout Units, the Class 2 Earnout Units and the Class 3 Earnout Units.
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Earnout Units means the 25,500,000 Retained OppFi Units held by the Members at the Closing.
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Earnout Units has the meaning set forth in Section 2.
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Examples of Earnout Units in a sentence

  • From and after the date hereof, no additional Earnout Units shall be issued or sold by the Partnership, except on a pro rata basis to the holders of record of the Earnout Units immediately prior to such issuance or sale.

  • If any Earnout Units are outstanding prior to the occurrence of a revaluation event described in this paragraph, the Company shall adjust the Book Values of its assets in accordance with principles similar to those set forth in Treasury Regulation Section 1.704-1(b)(2)(iv)(h)(2).

  • Any Class 3 Earnout Units that are unvested as of the end of the Second Earnout Period shall be forfeited upon the date of the expiration of the Second Earnout Period.

  • Except as provided in the next sentence, the holders of Earnout Units shall not have any voting rights.

  • The General Partner shall amend Exhibit A as appropriate to record any conversion of Earnout Units into OP Units.


More Definitions of Earnout Units

Earnout Units has the meaning set forth in Section 11.3.
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Earnout Units means an aggregate of: (a) 1,250,000 Series 2 Earnout Units (as defined in the Company A&R LLCA) and 1,250,000 Series 4 Earnout Units (as defined in the Company A&R LLCA) issued to CF OMS; (b) 1,250,000 Series 2 Earnout Units and 1,250,000 Series 4 Earnout Units issued to the Surviving Blocker; and (c) 1,725,000 Series 1 Earnout Units (as defined in the Company A&R LLCA), 1,725,000 Series 3 Earnout Units (as defined in the Company A&R LLCA) and 1,725,000 Series 5 Earnout Units (as defined in the Company A&R LLCA) issued to Surviving MDH; which Earnout Units may be converted into an equal number of Common Units upon the occurrence of the Milestones set forth in Section 3.3 or the Sponsor Letter Agreement, as applicable, and in accordance with the terms of the Company A&R LLCA.
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Earnout Units means (i) 4,000,000 Membership Units, for the First Earnout Period, and (ii) 5,500,000 Membership Units, for the Second Earnout Period.
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Earnout Units means the 25,500,000 Retained OppFi Units held by the Members at the Closing. “Earnout Voting Shares” means the 25,500,000 shares of Class V voting stock to be issued to one ofthe Members at Closing.
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Earnout Units means the Units which are restricted subject to vesting, including the Series 1 Earnout Units, the Series 2 Earnout Units, the Series 3 Earnout Units, the Series 4 Earnout Units and the Series 5 Earnout Units. Except as otherwise expressly set forth in this LLC Agreement, no Earnout Unit shall entitle the holder thereof to (a) receive any distributions pursuant to this LLC Agreement or otherwise hold any economic interest or percentage interest in the Company or (b) hold any voting rights.
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Earnout Units means any Class B Common Units issued by Triller to HoldCo as Earnout Consideration.
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Earnout Units has the meaning set forth in the definition of "Earnout Right."
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