ROFR Units definition

ROFR Units has the meaning set forth in Section 10.2(b).
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ROFR Units has the meaning set forth in Section 3.4(c).
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ROFR Units is defined in Section 11.1(a).
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Examples of ROFR Units in a sentence

  • If part or all of the consideration to be paid for the ROFR Units as stated in the ROFR Sale Notice is other than Cash, the price stated in such ROFR Sale Notice shall be deemed to be the sum of the Cash consideration, if any, specified in such ROFR Sale Notice plus the Fair Market Value of the non-Cash consideration, as determined by the Board of Managers in good faith.

  • This project will study the response of the northern leopard frog to organic and trace metal contaminant exposure and compare the results of their exposure with, Xenopus tropicalis, a well-studied frog species that has been used in developmental genetic studies.

  • If all of the ROFR Units have not been agreed to be purchased by the Company and/or the Initial Members pursuant to the preceding ROFR provisions, the Company and the Initial Members shall have no right to purchase any of such Units, and the Offering Member may sell the ROFR Units to the Offeror on the same terms as set forth in the Offer within the ninety (90) day period following the last (15) day election period described above.

  • The Purchase Offer shall, by its terms, be expressly subject to each Non-Selling Member’s exercise of its rights pursuant to this Section 11.1. The ROFR Sale Notice shall constitute an offer to sell the ROFR Units to the Non-Selling Members for the cash consideration set forth therein.

  • The relevant parties shall use commercially reasonable efforts to cause the closing of the sale of the ROFR Units to the Non-Selling Members pursuant to this Section 11.1 to occur no later than sixty (60) days after the date of the ROFR Election Notice, subject to extension as necessary to obtain any consents required from a Governmental Authority.

  • If there is any change in the terms of the Bona Fide Offer disclosed in the ROFR Sale Notice, the provisions of this Section 10.2 shall retrigger and this Section 10.2 must be again complied with in its entirety with respect to all such ROFR Units, and no sale of ROFR Units by the Selling Member shall be made otherwise than in accordance with the terms of this Agreement.

  • Any ROFR Member notifying the Company of its desire to purchase any of the ROFR Units or the Remaining Offered Units shall be irrevocably obligated to do so.

  • If a ROFR Recipient desires to purchase XXXX Xxxxx, xxx XXXX Recipients may exercise such right by delivering to the Company and the Selling Member within ** days following its receipt of the ROFR Sale Notice (the “ROFR Election Period”), a written election (a “ROFR Election”) to purchase such number of ROFR Units as it wishes to acquire (**) upon the terms set forth in the ROFR Sale Notice.

  • In the event that a ROFR recipient does not exercise its right to purchase its allocable share of ROFR Units, the other ROFR Recipients may purchase such Person’s allocable share of ROFR Units.

  • If the Disposing Person does not Transfer the ROFR Units within such sixty (60)-day period, the rights provided hereunder shall be deemed to be revived and the ROFR Units shall not be Transferred to a Proposed Transferee unless the Disposing Person sends a new Disposition Notice in accordance and which otherwise complies with this Section 11.4. 11.5 Admission as Substitute Member.


More Definitions of ROFR Units

ROFR Units has the meaning set forth in Section 1 of Annex VI.
Sample 1

Related to ROFR Units

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Junior Units means Common Units and any other equity securities that the Partnership may issue in the future ranking, as to the payment of distributions, junior to the Series A Preferred Units.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Common Units is defined in the Partnership Agreement.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • 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.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Placement Units shall have the meaning given in the Recitals hereto.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Offered Interests has the meaning set forth in Section 8.5(a).

  • Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • Company Units has the meaning set forth in the Recitals.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."