Redeemed Units Equivalent means the product of (a) the Share Settlement, times (b) the Unit Redemption Price.
Redeemed Units Equivalent means the product of (a) the applicable number of Redeemed Units, multiplied by (b) the Common Unit Redemption Price.
Redeemed Units Equivalent means the following consideration: (a) the product of (i) the applicable number of Redeemed Units, times (ii) the Common Unit Redemption Price, and (b) TRA Rights applicable to such number of Redeemed Units.
Examples of Redeemed Units Equivalent in a sentence
Notwithstanding any other provisions of this Agreement to the contrary, but subject to Section 11.03, in the event that the Corporation elects a Cash Settlement, the Corporation shall only be obligated to contribute to the Company an amount in respect of such Cash Settlement equal to the Redeemed Units Equivalent with respect to such Cash Settlement, which in no event shall exceed the amount actually paid by the Company to the Redeeming Member as the Cash Settlement.
More Definitions of Redeemed Units Equivalent
Redeemed Units Equivalent means the sum of (x) the Class B Fixed Share Settlement multiplied by the Class B Unit Redemption Price, plus (y) the Class B Floating Share Settlement multiplied by the Class B Floating Share Redemption Price.
Redeemed Units Equivalent means the product of (a) the Share Settlement and (b) the Class A Trading Price.
Redeemed Units Equivalent. (as defined in, and pursuant to, the Borrower’s limited liability company agreement) of any such “Redeemed Units”, and (y) make payments when due and payable under the Tax Receivable Agreement; provided that, nothing in this clause (vi) permits Borrower to make a distribution to Holdings, unless such distribution by Borrower is expressly permitted under preceding clauses (ii) and (iii) of this Section 9.4.
Redeemed Units Equivalent means (1) the product of (a) the number of Settlement Shares that are Pubco Subordinate Voting Shares and (b) the Pubco Subordinate Voting Share Redemption Price plus (2) the product of (a) the number of Settlement Shares that are Pubco Proportionate Voting Shares and (b) the Pubco Proportionate Voting Share Redemption Price.
Redeemed Units Equivalent means the product of (a) the Share Settlement and (b) the Common Unit Redemption Price. “Redeeming Member” has the meaning set forth in Section 11.01(a).
Redeemed Units Equivalent means the product of (i) the Share Settlement, times (ii) the NCM Inc. Redemption Price. “Redeeming Member” has the meaning set forth in Section 9.1(a) of this Agreement.
Redeemed Units Equivalent shall be amended in its entirety as follows (with emphasis on the amended provisions):