New Common Unit Issuance definition

New Common Unit Issuance means the issuance of VNR Common Units as part of the Merger Consideration pursuant to this Agreement.
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New Common Unit Issuance has the meaning set forth in Section 3.1(c).
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New Common Unit Issuance means the issuance of Common Units as part of the Merger Consideration pursuant to this Agreement. “New Common Units” shall have the meaning set forth in Section 3.1(c).
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Examples of New Common Unit Issuance in a sentence

  • The VNR Conflicts Committee has determined that this Agreement and the transactions contemplated hereby, including the Merger and the New Common Unit Issuance (collectively, the “VNR Merger Transactions”) are fair and reasonable to, and in the best interests of, VNR and the VNR Unaffiliated Unitholders, and such action by the VNR Conflicts Committee constituted “Special Approval” (as defined in the VNR LLC Agreement) of this Agreement and the VNR Merger Transactions.

  • The VNR Conflicts Committee and the VNR Board shall recommend approval of the New Common Unit Issuance to the holders of VNR Common Units, and VNR shall take all reasonable lawful action to solicit such approval by the holders of VNR Common Units.

  • Parent will, through the Parent Board, recommend to the Parent Unitholders approval of the New Common Unit Issuance (the “Parent Board Recommendation”).

  • The approval of the New Common Unit Issuance by the majority of the votes cast affirmatively or negatively by holders of the outstanding Parent Common Units and Parent Class B Units at a duly called meeting of the Parent’s members (the “Parent Unitholder Approval”) is the only vote or approval of any class or series of securities of Parent necessary to approve the Agreement and the transactions contemplated hereby, including the Merger and the New Common Unit Issuance.


More Definitions of New Common Unit Issuance

New Common Unit Issuance has the meaning set forth in Section 3.1(c). “Notice Period” has the meaning set forth in Section 7.3(d)(i).
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Related to New Common Unit Issuance

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • REIT Shares means shares of common stock, $0.01 par value per share, of the Company.

  • Common Units is defined in the Partnership Agreement.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • REIT Share means a share of common stock, par value $.01 per share, of the General Partner.

  • Common Unit Price has the meaning specified in Section 2.1(b).

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Holdings Common Stock means the common stock of Holdings, par value $.01 per share.

  • Additional Common Shares means all common stock (including reissued shares) issued (or deemed to be issued pursuant to Section 2) after the date of the Warrant. Additional Common Shares does not include, however, any common stock issued in a transaction described in Sections 2.1 and 2.2 of the Warrant; any common stock Issued upon conversion of preferred stock outstanding on the date of the Warrant; the Shares; or common stock Issued as incentive or in a nonfinancing transaction to employees, officers, directors, or consultants to the Company.

  • Common Share Reorganization has the meaning set forth in Section 4.1;

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Placement Units shall have the meaning given in the Recitals hereto.

  • Rollover Unit holder shall be defined as set forth in Section 5.05, herein."

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Private Placement Units shall have the meaning given in the Recitals hereto.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.