OP Unit Consideration definition

OP Unit Consideration shall have the meaning set forth at Section 1.2(d).
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OP Unit Consideration has the meaning set forth in Section 1.01.
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OP Unit Consideration means a number of OP Units as determined in accordance with Exhibit B.
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Examples of OP Unit Consideration in a sentence

  • Upon delivery to the FrontView Parties (or their designees) of the GP Interests at the Closing and the FrontView Parties’ payment of the OP Unit Consideration in accordance herewith, the FrontView Parties (or their designees) shall acquire the GP Interests, free and clear of any Lien, other than Liens created by the FrontView Parties or existing under the Organizational Documents of the FrontView Parties.

  • All of the OP Units to be delivered as payment of the OP Unit Consideration have been duly authorized and, upon issuance pursuant to the terms of this Agreement, will be validly issued.

  • The GP Interest Contribution Agreement, duly executed by the FVR Parties, providing for the issuance of the OP Unit Consideration to Management Parent.

  • A Contribution Agreement pursuant to which Management Parent will contribute the GP Interests to the FrontView OP, in exchange for the issuance of that portion of the OP Unit Consideration allocated to the GP Interests by the FVR Parties to the Management Parent, in a form reasonably approved by the Management Parties and the FrontView Parties (the “GP Interest Contribution Agreement”), duly executed by Management Parent.

  • An assignment of the Office Lease, in a form reasonably approved by the Management Parties and the FrontView Parties (“Assignment of Office Lease”), duly executed by the applicable Management Party, in exchange for the issuance of that portion of the OP Unit Consideration allocated to the Office Lease.

  • A bill of sale for the sale of the Owned Personal Property, in a form reasonably approved by the Management Parties and the FrontView Parties, duly completed in favor of the FrontView Parties (or their designee) and duly executed by the applicable Management Parties, in exchange for the issuance of that portion of the OP Unit Consideration allocated to the Owned Personal Property.


More Definitions of OP Unit Consideration

OP Unit Consideration for any Contributor that elects to receive OP Units in accordance with this Agreement shall mean the number of OP Units having an aggregate dollar value equal to the Cash Consideration otherwise payable to such Contributor, which number of OP Units shall be reasonably determined by the Operating Partnership based on the average value of individual OP Units for the twenty (20) business days immediately preceding the Closing Date.
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OP Unit Consideration has the meaning set forth in Section 0.
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OP Unit Consideration means a number of OP Units equal to (i) the Operating Partnership Equity Value, divided by (ii) the Range Mid-Point.
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OP Unit Consideration means the aggregate number of OP Units that are payable to the Management Contributors at Closing pursuant to Section 2.1(a); and
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Related to OP Unit Consideration

  • Unit Consideration has the meaning set forth in Section 2.2(a).

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Share Consideration has the meaning given to it in Section 2.2;

  • Earnout Consideration has the meaning set forth in Section 2.09(a).

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $500,000,000, your Sale Bonus would be $500,000. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Exchange Consideration shall have the meaning set forth in Section 11(b)(i).

  • Base Consideration has the meaning set forth in Section 2.2.

  • Merger Consideration has the meaning set forth in Section 3.1(a).

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Borrower or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Borrower or any of its Subsidiaries.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions;

  • Option Consideration has the meaning set forth in Section 2.3(a).

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

  • Sale Consideration means the value of the H-1 Bid and accepted and approved by BSNL for the Said Land Parcel in its Acceptance Letter.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • Designated Noncash Consideration means the fair market value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Noncash Consideration pursuant to an Officers' Certificate, setting forth the basis of such valuation, executed by the principal executive officer and the principal financial officer of the Company, less the amount of cash or Cash Equivalents received in connection with a sale of such Designated Noncash Consideration.