Rollover Units definition

Rollover Units means the Class A Units issued to certain Management Members in exchange for shares of STR pursuant to a Contribution Agreement between such Management Member and the Company executed in connection with the closing of the merger under the Merger Agreement.
Rollover Units has the meaning specified in Section 6.3(d).
Rollover Units means a number of Common Units of Purchaser issued to Seller at Closing that equals the Rollover Amount.

Examples of Rollover Units in a sentence

  • Following receipt of such stock certificates, the Company will amend its Unit ledger to reflect the Executive’s ownership of the Rollover Units.

  • The closing of the contribution of the Contributed Shares in exchange for the Rollover Units (the “Closing”) shall occur immediately prior to the consummation of the Acquisition.

  • Represents compensation settlements related to the Rollover Units and Profit Interest Units in the Waterworks subsidiary.

  • Options are granted at an exercise price set at the closing market price of the Bank’s common shares on the day preceding the date onversabank Notes to Consolidated Financial StatementsYears ended October 31, 2020 and 201915.Stock-based compensation – continued: which the option is granted and are exercisable within ten years of issue.

  • The terms (including the amount) of the Rollover Units shall be consistent with those set forth in Exhibit A.


More Definitions of Rollover Units

Rollover Units means each Unit (including any fractions thereof) to be contributed by a Rollover Participant to Parent pursuant to such Rollover Participant’s Rollover Agreement.
Rollover Units has the meaning set forth in the Support and Rollover Agreements.
Rollover Units has the meaning assigned to it in Section 1.04. “SEC” means the Securities and Exchange Commission. “Securities” has the meaning assigned to it in the Recitals of this Agreement. “Seller” and “Sellers” have the meaning assigned to them in the Preamble of this Agreement. “Seller Material Adverse Effect” has the meaning assigned to it in Section 2.01. “Sellers’ Representative” has the meaning assigned to it in Section 12.15(a). “Solvent” has the meaning assigned to it in Section 5.06. “Specified Acquisitions” has the meaning assigned to it in Section 1.06(f)(x). “Specified Liens” means, collectively (i) Liens arising under Governing Documents of Holdings or the Company LLC Agreement, (ii) Liens arising under this Agreement and the Ancillary Documents, (iii) Liens arising from acts of Purchaser or its affiliates taken in connection with the Closing and (iv) restrictions on transfer under applicable Law. “Statement” has the meaning assigned to it in Section 1.06(b). “Straddle Period” means any taxable period that begins on or prior to, and ends after, the Closing Date. A “subsidiary” of any person means another person an amount of the voting securities, other voting ownership or voting partnership interests of which is sufficient to elect at least a majority of its Board of Directors or other governing body (or, if there are no such voting interests, a majority of the equity interests of which) is owned directly or indirectly by such first person. “Target Working Capital” has the meaning assigned to it in Section 1.06(f)(xi). “Tax” or “Taxes” means all U.S. federal, state, local or non-U.S. taxes, including income, franchise, premium or other profits, gross receipts, property, sales, use, capital stock, payroll, employment, social security, workers’ compensation or unemployment compensation, excise, withholding, ad valorem or value added taxes, and any other governmental fees, duties, customs, tariffs or assessments imposed by any Governmental Entity, in each case in the nature of a tax, including all interest, penalties or additions imposed with respect to such amounts.
Rollover Units means Units exchanged by the Rollover Equity Holders for equity securities of Parent, Merger Sub or the Surviving Entity immediately prior to Closing.
Rollover Units has the meaning specified in Section 2.3(b).
Rollover Units means a number of Company Units having an aggregate value (calculated based on the Estimated Purchase Price computed without reduction for the Aggregate Rollover Amount) equal to the Aggregate Rollover Amount.
Rollover Units means, as of the last day of any three-fiscal month period (such period, the “applicable testing period”), a number of Units equal to the excess (if any) of (a) the cumulative number of Units booked by the Borrower or any Subsidiary Loan Party during the period beginning on the later of (x) the first day of the twelve-fiscal month period ending on the last day of the applicable testing period and (y) the first day of the three-fiscal month period ending November 27, 2021, and, in 1WEIL:\98776409\2\27507.0003WEIL:\98776409\2\27507.0003 NAI-1532775236v11532775236v9 47 Blue Bird Body Company Credit Agreement each case, ending on the day immediately preceding the applicable testing period over (b) the cumulative aggregate amount of Units projected for such period in the Approved Budget.