Examples of New DM Units in a sentence
Declines in armory condition is due in part to reductions in General Fund personal services and services & supplies.
In addition, Contributor is aware and knowledgeable of Rule 144 promulgated under the Securities Act, and does not presently have any agreement or understanding, directly or indirectly, with any Person to distribute any of the New DM Units in violation of applicable securities Laws (including Rule 144).
At the Closing, the Seller and the Buyer shall enter into the Registration Rights Agreement pursuant to which Buyer may be required in the future to register the sale of the New DM Units acquired by Seller.
The total value of the consideration to be paid for the NJNR Interests shall be 1,838,932 DM Units (the “New DM Units”) with an aggregate value of approximately $61,110,000 (the “Consideration Value”), based on the volume-weighted average trading price of a DM Unit on the New York Stock Exchange for the 5-trading day period ending on the trading day immediately preceding the Effective Date, which New DM Units DM shall issue, or cause to be issued, to Contributor at Closing.
If DM shall have removed any restrictive legends pursuant to the grounds set forth in the foregoing clause (i) and the registration statement under which the New DM Units were registered shall have become unavailable for any reason and no other grounds for removal are then available, the Contributor hereby consents to the re-imposition of the restrictive legends until such time as other grounds become available for their removal or the New DM Units can again be sold under the registration statement.
DM has taken all partnership action necessary to authorize the issuance and delivery of the New DM Units to Contributor as contemplated by this Agreement.
On the Closing Date the New DM Units will have those rights, preferences, privileges and restrictions governing the DM Units as set forth in the DM LPA, except as may be limited by restrictions on transfer imposed by applicable federal or state securities Laws or restrictions arising under or in connection with this Agreement or the Registration Rights Agreement.
In addition, each Contributor Party is aware and knowledgeable of Rule 144 promulgated under the Securities Act, and does not presently have any agreement or understanding, directly or indirectly, with any Person to distribute any of the New DM Units in violation of applicable securities Laws (including Rule 144).
If DM shall have removed any restrictive legends pursuant to the grounds set forth in the foregoing clause (i) and the registration statement under which the New DM Units were registered shall have become unavailable for any reason and no other grounds for removal are then available, the Contributor Parties hereby consent to the re-imposition of the restrictive legends until such time as other grounds become available for their removal or the New DM Units can again be sold under the registration statement.
Prior to the Closing, DM will use its Reasonable Efforts to obtain approval for listing on the NYSE, subject to notice of issuance, the New DM Units.