Examples of Holdings Common Units in a sentence
In addition, pursuant to the terms of the Merger Agreement, Zafgen assumed all outstanding options to purchase shares of Holdings Common Units at the closing of the Merger.
Pursuant to the ICGI Holdings Limited Liability Company Agreement and in accordance with the schedule and the procedures set forth in this Article IV, each Qualified ICGI Holdings Member is entitled to request and ICGI Holdings shall thereafter tender the exchange with ICGI of the Exchangeable Portion (as defined below) of such Qualified ICGI Holdings Member’s Holdings Common Units for shares of Common Stock (an “Elective Exchange”).
Upon tender by a Qualified ICGI Holdings Member of Holdings Common Units in an amount which is equal to or less than its Exchangeable Portion, ICGI Holdings will exchange an equal number of ICG LP Units with ICGI for shares of Common Stock.
ICGI Holdings shall then distribute to its members one share of Common Stock for each of their Holdings Common Units.
As of the date hereof (and as of immediately prior to Effective Time I), (i) 23,655,814 Holdings Common Units are issued and outstanding and (ii) except as provided in the foregoing clause (i), no other limited liability company interests of TTP, or securities convertible or exchangeable into or exercisable for any limited liability company interests TTP are issued and outstanding.