Examples of Sculptor Corp in a sentence
Group B Units are limited partner interests held by Sculptor Corp Group D Units Refers collectively to one Class D operating group unit in each of the Sculptor Operating Partnerships.
If the Corporation issues any equity securities that are subject to vesting or forfeiture provisions, then the equivalent equity securities that are issued by the Sculptor Operating Group Entities to Sculptor Corp.
The Corporation shall, directly or indirectly through any combination of direct or indirect wholly owned Subsidiaries, maintain at all times ownership of 100% of the outstanding equity interests in Sculptor Corp.
If the Corporation issues any Corporation Exercisable Securities, then upon the exercise of any such Corporation Exercisable Securities, the Corporation shall cause Sculptor Corp.
The provisions of these By-Laws are subject to, and limited by, the provisions of the Class B Shareholders Agreement and the Governance Agreement, dated as of February 7, 2019 (the “Governance Agreement”), among the Corporation, Sculptor Corp., Och-Ziff Holding LLC, Sculptor Capital LP (f/k/a OZ Management LP, Sculptor Capital Advisors LP (f/k/a OZ Advisors LP), Sculptor Capital Advisors II LP (f/k/a OZ Advisors II LP) and Daniel S.
Consequently, these tax basis adjustments will increase, for tax purposes, the Company’s depreciation and amortization expenses and will therefore reduce the amount of tax that Sculptor Corp and any other future corporate taxpaying entities that acquire Group B Units in connection with an exchange, if any, would otherwise be required to pay in the future.
If the Corporation issues any Corporation Convertible Securities, then upon the conversion or exchange of such Corporation Convertible Securities, the Corporation shall cause Sculptor Corp.
The Corporation and its Subsidiaries (other than the Sculptor Operating Group and its Subsidiaries), including Sculptor Corp., shall not own any interest in any Person other than (i) the Sculptor Operating Group Entities or (ii) a wholly owned Subsidiary that, directly or indirectly through other wholly owned Subsidiaries, owns an interest in the Sculptor Operating Group Entities.
If the Corporation issues any equity securities that, in accordance with their terms, are subject to redemption, then upon the redemption of such Corporation equity securities, the Corporation shall cause each of the Sculptor Operating Group Entities to redeem an equal number of the equivalent equity securities that were issued to Sculptor Corp.
The estimate of the timing and the amount of future payments under the tax receivable agreement involves several assumptions that do not account for the significant uncertainties associated with these potential payments, including an assumption that Sculptor Corp will have sufficient taxable income in the relevant tax years to utilize the tax benefits that would give rise to an obligation to make payments.