Outstanding Company Units definition

Outstanding Company Units means the number of Company Units that are issued and outstanding immediately prior to the Effective Time.
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Examples of Outstanding Company Units in a sentence

  • The Company has complied with all of its obligations with respect to anti-dilution and similar provisions applicable to any of the Company Units or the holders thereof under the LLC Agreement, any other Contract, applicable Legal Requirements or otherwise, and all required anti-dilution or similar adjustments (including the issuance of additional Company Units in respect thereof) have been made and are reflected in the number of Outstanding Company Units set forth in Section 2.2(a).

  • None of the Outstanding Company Units was issued in violation of any preemptive rights, and none of them is subject to vesting or forfeiture conditions or a right of repurchase by the Company.

  • The Outstanding Company Units have been duly authorized by all necessary limited liability company action on the part of the Company, have been validly issued and are not subject to any unsatisfied capital contribution obligations.

  • The membership ledger and other limited liability company records of the Company reflect that all of the Outstanding Company Units are owned of record by the Sellers and the Blocker Companies.

  • Payable upon the occurrence of those events specified in Section 3.05 hereof (the “Final Per Unit Adjustment Payment”), an amount of cash (without interest) equal to the quotient obtained by dividing (x) the Total Adjustment Amount by (y) the Total Outstanding Company Units.

  • Payable upon the occurrence of those events specified in Section 3.06 hereof, an amount of cash (without interest) equal to the quotient obtained by dividing (x) the Total Cash Earn-Out Consideration, by (y) the Total Outstanding Company Units (the “Per Unit Earn-Out Payment”).

  • That is poverty pay.The sector also has the highest proportion of workers on the national minimum wage (22.3%)15.We know that the rate of material deprivation for those on the minimum wage is a staggering 31.8%, which is over 10% higher than the general rate of employee deprivation16.These are workers in an industry which had revenue of €8.25b in 2016, yet they are living a life of material deprivation and poverty.The hospitality sector can also be characterised by precarious, casual employment practices.

Related to Outstanding Company Units

  • Outstanding Units means, with respect to any Unit and as of the date of determination, all Units evidenced by Certificates theretofore authenticated, executed and delivered under this Agreement, except:

  • Outstanding Common Stock means, at any given time, the aggregate amount of outstanding shares of Common Stock, assuming full exercise, conversion or exchange (as applicable) of all options, warrants and other Securities which are convertible into or exercisable or exchangeable for, and any right to subscribe for, shares of Common Stock that are outstanding at such time.

  • Outstanding Company Voting Securities means outstanding voting securities of the Company entitled to vote generally in the election of directors; and any specified percentage or portion of the Outstanding Company Voting Securities (or of other voting stock or voting securities) shall be determined based on the relative combined voting power of such securities;

  • Outstanding Company Common Stock means the outstanding shares of Common Stock, par value $1 per share, of the Company;

  • Outstanding Shares means those Shares recorded from time to time in the books of the Trust or its transfer agent as then issued and outstanding, but shall not include Shares which have been redeemed or repurchased by the Trust and which are at the time held in the treasury of the Trust.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • 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.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Outstanding when used with respect to Securities, means, as of the date of determination, all Securities theretofore authenticated and delivered under this Indenture, except:

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Company Outstanding Shares means the total number of shares of Company Common Stock outstanding immediately prior to the Effective Time, expressed on a fully-diluted and as-converted to Company Common Stock basis.

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

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

  • Outstanding Voting Securities means the combined voting power of the then-outstanding voting securities of the Company entitled to vote generally in the election of directors.

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

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Outstanding Interest Advances means, as of the last day of a Collection Period with respect to a Receivable, the portion of Outstanding Advances allocable to interest.

  • Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.

  • Majority in liquidation amount of the Capital Securities means Holder(s) of outstanding Capital Securities, voting together as a class, but separately from the holders of Common Securities, of more than 50% of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all Capital Securities then outstanding.

  • Company Class A Common Stock means the Class A common stock, par value $0.0001 per share, of the Company.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • 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.