New DM Units definition

New DM Units has the meaning set forth in Section 2.2.
New DM Units means, collectively, the New DM Convertible Preferred Units and the New DM Common Units.

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.

Related to New DM Units

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • 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.

  • 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.

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Company Units has the meaning set forth in the Recitals.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

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

  • Membership Units means membership interests in the Company.

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

  • Common Units is defined in the Partnership Agreement.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • Class B Units means the Class B Units of the Company.

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

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.

  • Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Co-op Shares Shares issued by private non-profit housing corporations.

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