Examples of GE Group Members in a sentence
If a Newco Group Member acquires Common Units pursuant to this Section 3.04(c), GE Group Members shall have the right to purchase, for every one Common Unit acquired by the Newco Group Member under this Section 3.04(c), such number of additional Common Units as would result in the GE Group Members holding, in the aggregate, immediately following such purchase the same percentage of the total outstanding Common Units as they held immediately prior to such purchase by Newco pursuant to this Section 3.04(c).
The comparison was carried out by reviewing primary fund documents and secondary literature, including founding legislation, memoranda of understanding, concept notes, operational procedures, procurement guidelines and other documents or guiding frameworks describing fund establishment, structure and management.
Newco hereby grants to the GE Group Members the right to purchase, for every one Common Unit issued to Newco under Section 3.03(d), such number of additional shares of Class B Common Stock as would result in GE holding immediately following such purchase the same percentage of the total outstanding shares of Newco common stock it held immediately prior to such issuance by Newco under Section 3.03(d).
The GE Group Members’ rights under this Section 3.05(a) shall accrue in arrears and shall be exercisable by the GE Group Members at any time, and from time to time, at, from and after the issuance by the Company of additional Common Units to Newco provided for in Section 3.03(d) (but subject to the limitations set forth herein).
GE intends to surrender to BHGE and BHGE LLC for repurchase, or cause certain other GE Group Members to surrender to BHGE and BHGE LLC for repurchase, and BHGE and BHGE LLC shall repurchase, an equal amount of Class B Shares and Common Units (together, the “Purchased Securities”), respectively.
The GE Group Members’ rights under this Section 3.05(a) shall accrue in arrears and shall be exercisable by the GE Group Members at any time, and from time to time, at, from and after the issuance by the Company of additional Common Units to Newco provided for in Section 3.03(d) (but subject to the limitations set forth herein).
The GE Group Members’ rights under this Section 3.05(a) shall accrue in arrears and shall be exercisable by the GE Group Members at any time, and from time to time, at, from and after the issuance by the Company of additional Common Units to Newco provided for in Section 3.03(d) (but subject to the limitations set forth herein).
The Managing Member shall be reimbursed for all reasonable expenses incurred in managing the Company and shall be entitled to compensation which, if it shall exceed $150,000 per year, shall require advance approval by the Advisory Committee provided that the representative of the GE Group Members on the Advisory Committee is included in the majority of representatives so approving.
GE shall surrender to BHGE for repurchase, and/or cause certain other GE Group Members to surrender to BHGE for repurchase, and BHGE shall repurchase, 65,000,000 whole Class B Shares, at a price per share equal to the par value of such Class B Shares (the “Firm Share Repurchase”).
The Company shall pay the premiums of such insurance policy and shall name each of the GE Group Members as the beneficiaries of such insurance policy, in an aggregate amount not less than One Million Dollars ($1,000,000), allocated to each GE Group Member pro rata in accordance with their Capital Contributions set forth on Exhibit A.