Exchange Consideration definition

Exchange Consideration shall have the meaning set forth in Section 11(b)(i).

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Exchange Consideration means, in the case of any Exchange, (x) the number of shares of Class A Common Stock that is equal to the product of the number of Exchangeable Units surrendered in the Exchange multiplied by the Exchange Rate (the “Stock Consideration”), (y) the Cash Settlement, plus, in the case of an Exchange of Class B Units under either subclause (x) or (y), an amount that is equal to $0.0001 multiplied by the number of shares of Class B Common Stock included in the Exchange, or (z) a combination of the Stock Consideration and the Cash Settlement.

Exchange Consideration shall have the meaning provided in Section 2(a)(1).

Examples of Exchange Consideration in a sentence

The aggregate Exchange Consideration payable for the Units converted or exchanged by any Member pursuant to this Section 9.03 will be allocated among the Members participating in such conversion or exchange based upon the Liquidation Value of such Member’s Units so converted or exchanged.
The aggregate amount of all Losses for which Seller may be liable pursuant to Section 7.2(a) or 7.2(c) shall not exceed $3,000,000 (the “Cap”); provided, that with respect to any claims for breaches of any Special Representations, the Cap shall be equal to the Exchange Consideration.
For the avoidance of doubt, only the Exchange Consideration will be delivered into the Escrow Account and such shares only be released upon the terms and conditions set forth in Section 1.3 and the Escrow Agreement.
The Tag-Along Notice shall specify the Exchange Consideration per Class A Convertible Preferred Unit and the type of Equity Securities to be received.
As used in this Section 9.03, the “fair market value” of the Exchange Consideration and the amount of Exchange Consideration per Class P Unit shall be determined promptly in good faith by the Managing Member following the request of the Class P Member.

More Definitions of Exchange Consideration

Exchange Consideration shall have the meaning specified in Section 14.02(j).

Exchange Consideration has the meaning set forth in Section 2.02.

Exchange Consideration has the meaning as provided in §26.13;

Exchange Consideration shall have the meaning set forth in Section 27 hereof.

Exchange Consideration has the meaning specified in Section 10.08(a).

Exchange Consideration shall have the meaning as set forth in Section 1.1 of the Agreement.

Exchange Consideration shall have the meaning set forth in Section 3.6.