Issued Units definition

Issued Units has the meaning assigned to such term in Section 2.1.
Issued Units means the Common Units issued to Sponsor and its Affiliates in connection with the Merger Agreement.
Issued Units shall have the meaning set forth in Section 2.4.

Examples of Issued Units in a sentence

  • The Piggyback Rights under this Section 3.03 will terminate at the time that the Issued Units cease to be Registrable Securities.

  • To the extent permitted by applicable law, Company and Contributor shall use commercially reasonable efforts to minimize such Transfer Taxes, including, without limitation, by ensuring that the Issued Units issued to Contributor pursuant to this Agreement are the first issuance of units by the Company.

  • A certificate representing the Issued Units as specified in Section 1.2(b) of the Purchase Agreement in exchange for the Contributed Assets.

  • Contributor and Company acknowledge and agree that the issuance of the Issued Units to Contributor pursuant to this Agreement is intended to qualify as an issuance of shares which is described in Section 721 of the Code (and any comparable provisions of applicable state or local tax laws), and Contributor and Company agree to report and treat the transactions described in this Agreement consistently therewith.

  • As consideration for Contributor’s contribution of the Contributed Assets to Company, subject to the terms of this Agreement and the Purchase Agreement, on the Closing Date, Company shall issue to Contributor the Issued Units as provided in the Purchase Agreement.


More Definitions of Issued Units

Issued Units has the meaning set forth in Section 3.3.
Issued Units has the meaning set forth in the recitals.
Issued Units. - in respect of a Fund, means all Units in that Fund for the time being created and issued and not cancelled as at a particular day but does not include Units which are redeemed or repurchased by the Manager on that particular day and fully paid Issued Units shall have a corresponding meaning.
Issued Units means the number of Units determined by dividing (a) $15,000,000, by (b) the twenty-trading day VWAP for the period ending on and including the trading day immediately prior to the earlier of (i) the Closing Date, and (ii) the date of the public announcement or press release of the Transactions.
Issued Units shall have the meaning set forth in Section 10.5(a).
Issued Units shall have the meaning set forth in Section 5.5(a).
Issued Units means all Units issued pursuant to this Option, whether issued before or after termination of employment, and any equity securities issued with respect to the Units by way of unit or stock dividend or unit or stock split or in connection with any conversion, merger, consolidation or recapitalization or other reorganization affecting the Units.