Purchased Units definition

Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

Purchased Units has the meaning specified in Section 2.01.

Purchased Units shall have the meaning set forth in the Purchase Agreement.

Examples of Purchased Units in a sentence

• All Purchased Units held or acquired by Persons who are Affiliates of one another shall be aggregated together for the purpose of determining the availability of any rights under this Agreement.

• No fees or commissions are or will be payable by such Purchaser to brokers, finders, or investment bankers with respect to the purchase of any of the Purchased Units or the consummation of the transaction contemplated by this Agreement.

• The Purchased Units, when issued, sold and delivered in accordance with the terms hereof for the consideration expressed herein or therein, will be duly and validly issued and fully paid and non-assessable.

• The Subscriber agrees that the Subscriber will not sell or otherwise transfer the Purchased Units unless they are registered under the Act or unless an exemption from such registration is available.

• Based in part upon the representations of the Subscriber in this Agreement and subject to the completion of the filings referenced in Section 3.4 below, the Purchased Units will be issued in compliance with all applicable federal and state securities laws.

More Definitions of Purchased Units

Purchased Units means the Common Units to be issued and sold to the Purchasers pursuant to this Agreement.

Purchased Units has the meaning specified in the recitals of this Agreement.

Purchased Units has the meaning set forth in the Recitals.

Purchased Units has the meaning given to such term in the Common Unit Purchase Agreement.

Purchased Units means 500,000 Units in the capital stock of the Corporation;

Purchased Units means, with respect to each Purchaser, the number of Class A Convertible Preferred Units equal to the quotient determined by dividing (a) the Purchase Price set forth opposite such Purchaser’s name under the heading “Purchase Price” on Schedule A hereto by (b) the Per Unit Price.

Purchased Units has the meaning set forth in Section 1.