Public Unitholders definition
Examples of Public Unitholders in a sentence
If Purchaser Sub duly exercises its Call Right in accordance with this Section 7.5, the right of the Partnership to redeem those Public Units which are subject to the Call Right pursuant to Section 7.4 on the Effective Date will terminate at such time and, on the Effective Date, Purchaser Sub will purchase and the Public Unitholders of such Public Units will sell all of the Public Units subject to the Call Right in accordance with this Section 7.5.
The Financial Advisor has delivered an opinion to the Conflicts Committee that the Total Consideration to be paid by the Partnership as consideration for the Subject Interests pursuant to this Agreement is fair to the Public Unitholders from a financial point of view.
The aggregate net proceeds after expenses of such sale will be distributed by the Depositary, pro rata in relation to the respective fractions, among Public Unitholders otherwise entitled to receive fractional interests in BAM Shares.
The GP Conflicts Committee has received the opinion of ▇▇▇▇▇▇ Partners, LLC, dated the Execution Date, to the effect that, as of such date, the Merger Consideration is fair, from a financial point of view, to the Unaffiliated Public Unitholders, a signed true and complete copy of which opinion has been or will promptly be provided to Contango.
This Agreement shall be binding upon and inure solely to the benefit of each party hereto, and nothing in this Agreement, express or implied, is intended to or shall confer upon any other person any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, other than Article I (which, solely from and after the Effective Time, is intended to be for the benefit of the Public Unitholders).