OpCo Unit definition

OpCo Unit means a limited liability company interest in the Operating Company having the rights and obligations specified with respect to a “Unit” in the OpCo Limited Liability Company Agreement.
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OpCo Unit means any class of units or interests that is established in OpCo.
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OpCo Unit means a unit or interest (of any class or series of units, as specified in an Award agreement) of any member of the Oaktree Operating Group.
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Examples of OpCo Unit in a sentence

  • Each of these HSKB Units represents the economic value of one OpCo Unit.

  • The Class A Common Stock, Class B Common Stock and OpCo Unit ownership presented in the diagram above corresponds to the following respective aggregate voting power and economic interest in Nerdy Inc.

  • At or as promptly as practical after the consummation of the Mergers and the OpCo Unit Contribution, New PubCo shall make such cash payments in respect of each such share.

  • In effect, every OpCo Unit (other than those owned by Old HoldCo itself) had one vote.

  • The owners of OpCo were also issued each issued one share of Class B common stock in Old HoldCo (Class B Common Stock), which carried one vote for each OpCo Unit held.

  • Each such HSKB Unit is fully vested and is exchangeable, at the Reporting Person's option, into an OpCo Unit and a share of Class B Common Stock, which together are exchangeable by the Issuer for shares of Class A Common Stock on a one-for-one basis, subject to exchange rate adjustments for stock splits, stock dividends, and reclassifications.

  • Upon the terms and subject to the conditions of this Agreement, immediately following the OpCo Unit Contribution, Merger Sub II shall be merged with and into the Company in accordance with this Agreement, DLLCA and RULLCA.

  • Each Redeeming Stockholder shall have the New PubCo Class A Common Stock issued to such Redeeming Stockholder pursuant to Section 2.01 redeemed immediately following the Mergers and the OpCo Unit Contribution, and such stock shall be converted into the right to receive from New PubCo, in cash, an amount per share calculated in accordance with such stockholder’s Redemption Rights.

  • Immediately after the OpCo Unit Contribution, the Exchange Agent will, pursuant to irrevocable instructions to be delivered to the Exchange Agent by New PubCo, deliver the number of shares of New PubCo Class A Common Stock to Gregory A.

  • Unless this Agreement is terminated earlier pursuant to Article IX, the closing of Mergers and OpCo Unit Contribution shall take place at 10:00 a.m. New York City time on a date (the “Closing Date”) to be specified by Acquiror and the Company (the “Closing”).


More Definitions of OpCo Unit

OpCo Unit means an Award granted under Section 6 of the Plan.
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OpCo Unit has the meaning set forth in the OCGH Partnership Agreement.
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OpCo Unit means any equity unit of an OpCo. For the avoidance of doubt, an OpCo Unit of Oaktree Capital II, L.P. means the aggregate of one equity unit of the same class of each and every series of Oaktree Capital II, L.P.
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OpCo Unit means any equity unit of an OpCo.
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Related to OpCo Unit

  • LLC Unit means a common limited liability interest in the Company.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

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

  • Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.

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

  • Unit Share means a Common Share comprising part of each Unit;

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

  • target unit means a facility or group of facilities to which an underlying agreement applies; “tCO2 equivalent” means tonnes of carbon dioxide equivalent;

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • euro unit means the currency unit of the Euro.

  • Heat unit means a unit of energy equal to the product of the peak kilovoltage, milliamperes, and seconds, i.e., kVp x mA x second.

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

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • 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.

  • Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.

  • Common Unit Economic Balance has the meaning set forth in Section 5.01(g) hereof.

  • Capital Share means a share of any class or series of stock of the General Partner now or hereafter authorized other than a REIT Share.

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

  • Existing unit means a unit (including a unit subject to Section 111 of the Act) that commenced commercial operation before November 15, 1990, and that on or after November 15, 1990, served a generator with a nameplate capacity of greater than 25 MWe. Existing unit does not include simple combustion turbines or any unit that on or after November 15, 1990, served only generators with a nameplate capacity of 25 MWe or less. Any existing unit that is modified, reconstructed, or repowered after November 15, 1990, shall continue to be an existing unit.

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

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

  • Co-op A private, cooperative housing corporation, having only one class of stock outstanding, which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes the sale of stock and the issuance of a Co-op Lease.

  • Management Unit means an area established by the Commission for management purposes.