Examples of Sale of the Partnership in a sentence
Proceeds from a Sale of the Partnership and any other cash received or reductions in reserves made after commencement of the liquidation of the Partnership shall be distributed to the Partners in accordance with Section 13.2.
The additional restrictions on the Transfer of Executive Units set forth in this Section 4 will terminate on a Sale of the Partnership to the extent not previously terminated in accordance with the terms hereof.
Notwithstanding the foregoing, neither Lee xxx CIVC will sell, transfer or otherwise convey any Securities to any person who directly or indirectly owns (beneficially or otherwise) more than 5% of any class of securities of any entity engaged in the yellow pages business without the prior written consent of the other party other than pursuant to a Sale of the Company or a Sale of the Partnership.
Upon the occurrence of a Sale of the Partnership (as defined below), any Time-Based Units that have not yet vested shall vest at the time of such event, provided that the Executive has not Terminated prior to such date, or if applicable, the Final Vesting Date shall not have occurred on or prior to such date.
The restrictions set forth in this paragraph 2 will continue with respect to each Security until the earlier of (i) the date on which such Security has been transferred in a Public Sale, (ii) the tenth anniversary of the date of this Agreement, (iii) the consummation of a Qualified Public Offering, (iv) with respect to Stockholder Shares, the consummation of a Sale of the Company, and (v) with respect to Partnership Securities, the consummation of a Sale of the Partnership.