Examples of IEP Units in a sentence
Other than the acquisition or disposition of LLC Shares, CVR Stock or IEP Units from or to Affiliates, neither Beckton nor any of its Affiliates has directly or indirectly acquired or disposed of any LLC Shares, CVR Stock or IEP Units during the 60 days preceding the date hereof.
The consideration to be issued, transferred, conveyed and delivered by IEP to the Contributing Parties at the Closing in exchange for the contribution of the Contribution Shares to IEP shall equal 3,288,371 fully paid and nonassessable IEP Units, for an aggregate consideration of 3,288,371 IEP Units (the “Exchange Units”).
Other than the acquisition or disposition of LLC Shares, CVR Stock or IEP Units from or to Affiliates, no Contributing Party nor any of its Affiliates has directly or indirectly acquired or disposed of any CVR Stock or IEP Units during the 60 days preceding the date hereof.
For purposes of determining the number of IEP Units which are to be delivered to an Indemnified Person upon settlement of an indemnification claim in whole or in part with IEP Units, the value of each IEP Unit shall be deemed to be $39.77.
Any amounts owed by Barberry to an Indemnified Person under this Article VIII may be paid by Barberry, in its sole discretion, in cash, IEP Units, or a combination of cash and IEP Units.
Contributor will not offer to sell or otherwise dispose of the IEP Units acquired by it hereunder in violation of any of the registration requirements of the Securities Act or any comparable state Laws.
The consideration to be issued, transferred, conveyed and delivered by IEP to the Contributing Parties at the Closing in exchange for the contribution of the Contribution Shares to IEP shall equal 3,288,371 fully paid and nonassessable IEP Units, for an aggregate consideration of 3,288,371 IEP Units (the “ Exchange Units ”).
Any amounts owed by Barberry to an Indemnified Person under this Article IX may be paid by Barberry, in its sole discretion, in cash, IEP Units, or a combination of cash and IEP Units.
Contributor will acquire the IEP Units for its own account, for investment purposes only and not with a view toward, or for sale in connection with, any distribution thereof, nor with any present intention of distributions or selling the IEP Units in violation of the federal securities Laws or any applicable foreign or state securities Laws, and understands that the IEP Units will be sold without registration under the federal and applicable state securities Laws in reliance upon such representation.
For purposes of determining the number of IEP Units which are to be delivered to an Indemnified Person upon settlement of an indemnification claim in whole or in part with IEP Units, the value of each IEP Unit shall be deemed to be the lower of (i) $39.45 and (ii) the 30-day VWAP for the 30-day period immediately prior to the date any payment is due.