Parent Common Units definition
Examples of Parent Common Units in a sentence
Seller hereby irrevocably agrees, without the prior written consent of Parent, Seller will not, during the Restricted Period, Transfer any Parent Common Units comprising the Equity Consideration other than in Permitted Transfers.
Seller acknowledges that it can bear the economic risk of its investment in the Parent Common Units, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Parent Common Units.
In acquiring Parent Common Units, Seller is not offering or selling, and shall not offer or sell the Parent Common Units received as Equity Consideration, in connection with any distribution of such Parent Common Units, and Seller has no participation and shall not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities Laws.
The Parent shall cooperate with the applicable Holder covered by this Agreement to effect removal of the legend on such Parent Common Units pursuant to this Section 2.10 as soon as reasonably practicable after delivery of notice from such Holder that the conditions to removal are satisfied.
With the assistance of ▇▇▇▇▇▇’s own professional advisors, to the extent Seller has deemed appropriate, Seller has made its own legal, tax, accounting and financial evaluation of the merits and risks of any investment in Parent Common Units.