Holdings Preferred Units definition

Holdings Preferred Units means the “Series A Preferred Units” of Holdings issued from time to time pursuant to (and as defined in) the Holdings LLC Agreement.
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Holdings Preferred Units has the meaning assigned to it in the Recitals of this Agreement. “Holdings Seller” has the meaning assigned to it in the Preamble of this Agreement. “HSR Act” has the meaning assigned to it in Section 2.03(b). “HSR Approval” has the meaning assigned to it in Section 7.02(a)(i). “Indebtedness” has the meaning assigned to it in Section 1.06(f)(v). “Intellectual Property” means all statutory and/or common law rights relating to intellectual property, including the following, in any and all countries: (i) all patents and patent applications, statutory invention registrations or similar rights, together with all reissuances, divisions, renewals, reexaminations, provisionals, continuations and continuations-in-part with respect thereto and including all foreign equivalents (collectively, “Patents”), (ii) trademarks, service marks, trade dress, trade names, slogans, logos and corporate names, including all applications, registrations and renewals therefor, together with the goodwill associated with any of the foregoing (collectively, “Trademarks”), (iii) internet domain names and social media handles, together with applications and registrations therefor (collectively, “Internet Properties”), (iv) copyrights and any other equivalent rights in works of authorship, and all applications and registrations and renewals therefor (collectively, “Copyrights”) and (v) trade secrets, know-how and confidential or proprietary business or technical information, in each case, that derives independent economic value, whether actual or potential, from not being known to other persons. “Internet Properties” has the meaning assigned to it in the definition of “Intellectual Property”. “IT Systems” has the meaning assigned to it in Section 4.16(f).
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Examples of Holdings Preferred Units in a sentence

  • For the avoidance of doubt, each cancellation, retirement or repurchase, including by means of conversion or exchange, of Charter Holdings Class C Common Units and/or Charter Holdings Preferred Units held by the ▇▇▇ Parties shall automatically reduce the voting power of the Class C Common Stock held by the applicable ▇▇▇ Party or ▇▇▇ Parties hereunder as necessary to accord with the provisions of the foregoing sentence.

  • The Holdings Common Units and Holdings Preferred Units issued in the Merger will be issued solely in exchange for the OpCo Common Stock and OpCo Preferred Stock, and no other transaction other than the Merger represents, provides for or is intended to be an adjustment to, the consideration paid for the OpCo Common Stock and OpCo Preferred Stock.

  • Notwithstanding anything herein to the contrary, following the conversion and/or exchange or repurchase, directly or indirectly, by the Corporation of all Charter Holdings Class C Common Units and Charter Holdings Preferred Units held by the ▇▇▇ Parties, the Class C Common Stock shall automatically be cancelled and shall cease to be authorized hereunder.

  • The parties believe that the value of the Holdings Common Units and Holdings Preferred Units to be received in the Merger is equal, in each instance, to the value of the OpCo Common Stock and OpCo Preferred Stock to be surrendered in exchange therefor.

  • Once the TenCap Holdings Preferred Unitholders have recouped their initial investment, the TenCap Holdings Preferred Units distribution of the remaining assets should be made available for distribution to all Classes of Units according to each Unitholders percentage ownership interest.

  • This Subscription Agreement is one of a limited number of such subscriptions for the TenCap Holdings Preferred Units offered to a limited number of suitable investors pursuant to Rule 506(b) of Regulation D and Section 4(2) and/or Section 4(6) of the Securities Act of 1933, as amended (the “Securities Act”).

  • On or before the Closing Date, Holdings shall have issued the Holdings Preferred Units in accordance with the terms of the Restructuring Support Agreement and the documents contemplated thereby.

  • The Subscriber has relied solely upon the information provided by TenCap Holdings, LLC in this Agreement in making the decision to invest in the TenCap Holdings Preferred Units.

  • Holdings does not have any employees or independent contractors, and Holdings has never carried on any business of any kind, other than the ownership of the Holdings Preferred Units and such de minimis assets.

  • The issued and outstanding Equity Securities of Holdings shall consist of (a) 366,966 Holdings Preferred Units, (b) 385,508.55 Holdings Class A Common Units, (c) 2,250 Holdings Class B Common Units, (d) 2,250 Holdings Class C Common Units and (e) the obligation of Holdings to issue warrants to purchase Holdings Class B Common Units and Holdings Preferred Units on the terms and subject to the conditions set forth in the letter dated September 30, 1996 to First Union Corp.