Examples of Investor LLC in a sentence
Hines also shares voting and dispositive power over the 861,323.81 shares held by HMS Investor LLC.
The Secured Convertible Notes are secured by one common unit of New York Wheel Investor LLC, representing a total value US$1 million.
Closing on the purchase and redemption of such Investor’s Investor LLC Interests shall take place in accordance with Section 10.9 hereof.
The equity units in New York Wheel Investor LLC are not quoted, in the prior year the Directors had regard to recent transactions in equity units of the New York Wheel and therefore assessed the value as a level 3 valuation.
The delivery of the Redemption Notice by Inland shall constitute an irrevocable commitment by the applicable Investor to transfer and deliver, and the Company to purchase and redeem, all of such Investor’s Investor LLC Interests for the higher of the Investor Liquidation Amount or Stock Purchase Price (or, at the election of the Manager, the Cash Purchase Price) of such Investor.
In order to exercise the rights to require the Company to purchase and completely redeem an Investor’s Investor LLC Interests under this Section 10.8, Inland shall deliver to the applicable Investor, to the other Investors and to the Company written notice (the “Redemption Notice”) of the exercise of such right, which notice shall state Inland’s computation of such Investor’s Investor Liquidation Amount, Stock Purchase Price or Cash Purchase Price, as applicable.
At the Closing, the applicable Investor shall transfer and assign its Tendered Units or Investor LLC Interests, as applicable, to the Company free and clear of any liens, encumbrances or any interests of any third party and shall execute or cause to be executed any and all documents required to transfer fully good and clear title to the LLC Interests being transferred, including, but not limited to, any and all documents necessary to evidence such transfer.
Notwithstanding the provisions of Section 8.1 hereof to the contrary, the Initial Investor shall be permitted, without the consent of the Manager or the other Member, to make a one-time Transfer of its Investor LLC Interest to the members of the Initial Investor identified on Schedule B-1.
This investment was fully impaired as a result of the termination of the project and litigation between New York Wheel Investor LLC and one of the primary contractors.
In the event that the Executive (or the Executive's executor, administrator or permitted successor as described in the immediately preceding sentence) exercises any Option following the Executive's Termination Date, the repurchase right of the Company and Sleep Investor L.L.C. set forth in Section 6 of the Employment Agreement shall be extended for a period of sixty (60) days.