Escrowed Units definition

Escrowed Units means Units held in accordance with the Escrow Agreement.
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Escrowed Units has the meaning set forth in Section 5(p).
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Escrowed Units. ’ means the 749,999 Class C Units to be issued to the Escrow Securityholder on the Closing Date which will be escrowed pursuant to the Escrow Agreement;
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Examples of Escrowed Units in a sentence

  • If the Partnership intentionally violates this paragraph by issuing a press release (it being understood that an unauthorized disclosure by an employee or agent of the Partnership shall not be deemed an intentional violation of this paragraph), then, notwithstanding anything herein to the contrary, all of the 513,259 Units referred to in Section 2.1(b) shall be deemed "Initial Free Units" and there shall be no Units which are "Initial Escrowed Units".

  • During the time that the Partnership holds any Initial Escrowed Units in escrow, all distributions (including dividends) relating to such Initial Escrowed Units shall be distributed to the Contributing Party.

  • All Bids must be submitted by no later than 12:00 midday (CET) on [July 26th], 2010.

  • A bank, for example, may provide only checking services and no monetary interest in exchange for the use of deposits in a checking account.

  • Subsequently in February, 2017, 318,421 of the Escrowed Units were released as a result of the Trust selling one of the properties to the tenant.

  • As a result, as of the date hereof, the Reporting Persons may be deemed to have voting power over the equivalent of 14,991,195 shares of Class A Common Stock, representing 24.7% of the total voting power of the Issuer (after taking into account all issued Post-Merger Repay Units and the Escrowed Units).

  • Upon the closing of the Merger, (a) Mr. Alias received a contingent right to be issued 144,672 Earn Out Units in accordance with the terms described above and was allocated 1,218 Escrowed Units, and (b) Holdings LLC received 2,492,629 Post-Merger Repay Units, a contingent right to be issued 678,424 Earn Out Units in accordance with the terms described above and was allocated 5,713 Escrowed Units.

  • The Repay equity holders may be entitled to 0% to 200% of such Escrowed Units pursuant to the terms of the Merger Agreement.

  • The remaining Escrowed Units will be released from escrow on the tenth anniversary of the closing of the acquisition, subject to compliance with the terms of the leases.

  • CC Payment Holdings, L.L.C. is entitled to a vote for each share of Class A Common Stock underlying the Escrowed Units allocated to it, and therefore, for purposes of this Schedule 13D, may be deemed to beneficially own the Class A Common Stock underlying the Escrowed Units.


More Definitions of Escrowed Units

Escrowed Units has the meaning ascribed to such term in the definition of Escrowed Equity.” ““OIL” has the meaning ascribed to such term in Section 6.25.”
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Escrowed Units means the sum of the Title Dispute Escrow Units, the Environmental Remediation Escrow Units and the General Escrow Units.
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Escrowed Units means and include the Common Units. Furthermore, as used herein, the term “Escrow Fund” shall mean and include (i) the Escrowed Units, (ii) any proceeds from the sale, use or other disposition of the Escrowed Units permitted by the LLC Agreement or this Escrow Agreement and held by the Escrow Agent pursuant to the terms of this Escrow Agreement, (iii) the Put/Call Consideration (when issued and deposited in escrow), and (iv) Interest (the terms in subsections (iii) and (iv) are defined below).
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Escrowed Units means, on the Closing Date, the number of Units equal to the quotient of (i) $17,500,000 divided by (ii) the average closing price per Common Unit over the 10 Business Days ending on the last Business Day preceding the Closing Date, rounded up or down to the nearest whole number of Units, as such number of Units may be decreased from time to time in accordance with Section 15.9 below. The term “Escrowed Units” shall also include any Common Units converted from any Escrowed Units while such Units are held in escrow in accordance with the terms of Section 15.9
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Escrowed Units means the amount of NRP Common Units to be delivered by NRP into the Escrow Account with respect to a particular Rollover Holder as specified in Updated Exhibit C.
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Related to Escrowed Units

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • Unvested Units means any Executive Units which are not Vested Units.

  • Company Units has the meaning set forth in the Recitals.

  • 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.

  • Escrow Shares shall be deemed to include the Non-Cash Dividends distributed thereon, if any.

  • 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.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Redeemed Units has the meaning set forth in Section 11.01(a).

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

  • 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.

  • Tendered Units shall have the meaning set forth in Section 8.6.A.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Common Units is defined in the Partnership Agreement.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”

  • Holdback Shares has the meaning set forth in Section 2.5(b)(v).

  • Class A LP Units means the Class A limited partnership units of the Partnership.

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

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Escrow Property has the meaning set forth in the Escrow Agreement.