Ranger Reorganization definition

Ranger Reorganization has the meaning set forth in the Recitals.
View Source
Ranger Reorganization has the meaning set forth in Section 6.14(a).
View Source
Ranger Reorganization has the meaning set forth in Section 3.22(a).
View Source

Examples of Ranger Reorganization in a sentence

  • No Member shall have any dissenters’ or appraisal rights in connection with the Ranger Reorganization.

  • The Members acknowledge that the Ranger Reorganization may be undertaken only in anticipation of the Ranger IPO.

  • All Members shall take any and all actions as may be reasonably required and otherwise cooperate in good faith with the Company in connection with consummating the Ranger Reorganization, including executing and delivering any conveyances, certificates, documents, or other instruments necessary or advisable in the determination of the Board to effect the Ranger Reorganization, and hereby vote and consent thereto.

  • Such Tax Distributions shall be made to the Members in proportion to the net positive taxable income allocated to the Members on a cumulative basis, which for the avoidance of doubt, shall include taxable income allocated to such Members pursuant to the RES Holdings I LLC Agreement, but only to the extent attributable to such Member’s Class A-1 Units, Class C Units or Class D Units in RES Holdings I that were redeemed in connection with the Ranger Reorganization.

  • All Members shall take any and all actions as may be reasonably required and otherwise cooperate in good faith with the Company in connection with consummating the Ranger Reorganization, including executing and delivering any conveyances, certificates, documents, or other instruments necessary or advisable in the determination of the Managing Member to effect the Ranger Reorganization, and hereby vote and consent thereto.

  • In connection with the Ranger Reorganization, the Company is authorized to issue the number of Class C Units and Class D Units contemplated by the Master Reorganization Agreement.

  • The Class B Units are intended to be “profits interests” from a U.S. federal income tax perspective and will be assigned a Hurdle Amount upon issuance, which in the case of the Class B Units issued to TES Carried Interest Holders in connection with the Ranger Reorganization shall equal the Hurdle Amount (as defined in the TES Holdings I LLC Agreement) for the corresponding Class B Units of TES Holdings I that are to be redeemed in connection with the Ranger Reorganization.

  • Following the Ranger Reorganization, the Company shall have the number of authorized but unissued Class C Units and Class D Units contemplated by the Master Reorganization Agreement.