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Put Units definition

Put Units has the meaning set forth in Section 7.09(b).
Put Units is defined in Section 12.5.1(a).
Put Units has the meaning given such term in Section 9.1(a).

Examples of Put Units in a sentence

  • Each Class A Member shall have ten (10) days from the date of receipt of any such notice to agree to purchase up to its pro rata share of such Put Units, for the Termination Price and upon the terms and conditions specified in the notice, by giving written notice to the Company stating therein the quantity of Put Units to be purchased up to such Class A Member’s pro rata share.

  • The Electing Put Members shall have five (5) days from the date of such second notice to agree to purchase their pro rata share (or such greater amount as the Electing Put Members agree upon) of all or any part of the Put Units not purchased by such other Class A Members.

  • If any Class A Member fails to agree to purchase its full pro rata share within such ten (10) day period, the Company will give the Class A Members who did so agree (the “Electing Put Members”) notice of the number of Put Units not subscribed for.

  • By delivering a Put Notice, the Putting Member is irrevocably committing to sell to Leucadia (or the Company, as provided in Section 12.5.4.2 below) the Put Units specified in the Put Notice.

  • All Put Units referred to in a Put Notice shall be valued pursuant to the provisions of Section 12.5.3 below.


More Definitions of Put Units

Put Units means the number of Common Units, WCAS Blocker Units or Exchanged Units (after effecting a Management Incentive Unit Contribution and Exchange for the applicable Vested Management Incentive Units) subject to a Put Right, Clean-Up Put Right or Special Put Right, as applicable.
Put Units means a number of units (each consisting of one share of Class A Common Stock and one share of Class B Common Stock) with respect to which Executive has elected to exercise the Put Right, as specified in the Put Notice; provided that Executive may not exercise the Put Right for more than the lesser of (A) 20,000 units (subject to appropriate adjustment for any stock split, stock dividend, reclassification, subdivision or reorganization, recapitalization or similar event) and (B) such number of units as Executive owns on the date the Put Notice is delivered.
Put Units is defined in the recitals.
Put Units has the meaning set forth in Section 4.03(a).
Put Units shall have the meaning set forth in Section 2.3(a).
Put Units means (i) in the case of EIK Manager, the Profits Units held by EIK Manager that are vested as of the applicable Exercise Date and (ii) in the case of the Management Holders, the Common Units held by such Management Holder as of the Effective Date.
Put Units has the meaning set forth in Section 6.3(f)(i).