Ordinary Unit definition
Examples of Ordinary Unit in a sentence
In connection with such conversion, each converted Class S Preferred Unit shall be cancelled and its Capital Account reduced to zero, and the Capital Account of such newly issued Class S Ordinary Unit shall be credited with an amount equal to the amount by which the Capital Accounts of the applicable Class S Preferred Units were reduced.
Upon such an election, each Class S Ordinary Unit shall be converted into one Common Unit of the Issuer.
Upon such an election, each Class S Ordinary Unit shall be exchanged with one share of Class A Common Stock of the Issuer.
For purposes of making future allocations under Section 6.2.C and applying the Capital Account Limitation, the portion of the Economic Capital Account Balance of the applicable LTIP Unitholder that is treated as attributable to his or her LTIP Units shall be reduced, as of the date of conversion, by the product of the number of LTIP Units converted and the Ordinary Unit Economic Balance.
Each Purchaser acknowledges that, concurrently with the Closing and pursuant to the Prospectus, the Company may sell up to $_____ of additional Units to purchasers not party to this Agreement, less the aggregate Subscription Amount pursuant to this Agreement, and will issue to such purchasers such Ordinary Shares and Ordinary Warrants and/or Prefunded Warrants and Ordinary Warrants in the same form and at the same Ordinary Unit Purchase Price or Prefunded Unit Purchase Price.
Each Purchaser acknowledges that, concurrently with the Closing and pursuant to the Prospectus, the Company may sell up to $[_____] of additional Ordinary Units and/or Pre-Funded Units to purchasers who are not parties to this Agreement, less the aggregate Subscription Amount pursuant to this Agreement, and will issue to such purchasers such Ordinary Units and Pre-Funded Units in the same form and, respectively, at the same Ordinary Unit Purchase Price and Pre-Funded Unit Purchase Price.
Each Purchaser acknowledges that, concurrently with the Closing and pursuant to the Prospectus, the Company may sell up to $[-] of additional Ordinary Units and/or Pre-Funded Units to purchasers who are not parties to this Agreement, less the aggregate Subscription Amount pursuant to this Agreement, and will issue to such purchasers such Ordinary Units and Pre-Funded Units in the same form and, respectively, at the same Ordinary Unit Purchase Price and Pre-Funded Unit Purchase Price.
A.C.N. ▇▇▇ ▇▇▇ ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ Wayville 5034 One (1) Ordinary Units GUY ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ Company Director One (1) Ordinary Unit ▇▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ Company Director One (1) Ordinary Unit AND such persons shall be deemed to be recorded in the Register in the manner herein provided as the Holders of such Units respectively.
Payment of the Ordinary Unit Offering Price or Pre-Funded Unit Offering Price (as applicable, the “Offering Price”) shall be made on or prior to the Closing Date by wire transfers of immediately available funds by the Investors to the accounts designated by the Company in writing at least two business days prior to the Closing Date, which accounts shall be held at the Centralizing Bank in respect of the Ordinary Units and the Registrar Bank in respect of the Pre-Funded Units.
B Aurizon Network proposes to subscribe for one Ordinary Unit in the Trust on establishment of the Trust.