Examples of Seller Unit in a sentence
The Seller Unit is owned of record and beneficially by Parent, free and clear of all Encumbrances, has been duly authorized and validly issued, is fully paid and non-assessable and has been offered, issued, sold and delivered to Parent in compliance with all applicable Requirements of Law, including the Securities Act.
The “Original Liquidation Preference” shall be $10.00 per Seller Unit.
Seller will use its reasonable best efforts, and Parent, Buyer and Buyer Operating Partnership will cooperate with Seller, to cause the Consent Solicitation Statement to be mailed to the Seller Unit Holders as promptly as practicable after the SEC has cleared the Proxy Statement.
In such cases the Purchaser has to pay the weighment charges to the Seller Unit.
Seller will use its reasonable best efforts, and Parent, Buyer and Buyer Operating Partnership will cooperate with Seller, to cause the Information Statement or Consent Solicitation Statement, as applicable, to be mailed to the Seller Unit Holders as promptly as practicable after the SEC has cleared the Proxy Statement and it has been mailed to Seller's stockholders.
Any such election may be made only after the respective approvals of the Merger and the Partnership Merger by the stockholders of Seller and Seller Unit Holders and after satisfaction (or waiver by the parties entitled to the benefits thereof) of all other conditions to the consummation of the Merger set forth in Article 6.
About 9,000 square meters or 0.9 hectare (ha) is required for installation of compressors and ancillary facilities but no land acquisition is needed as this site is located in Location-A of the Titas Gas Field.
The Board of Directors of the Seller recommended that Seller's stockholders adopt this Agreement and approve the Merger and the Alternative Merger and the Board of Directors of the Seller General Partner recommended that the Seller Unit Holders adopt the Partnership Merger Agreement and approve the Partnership Merger.
The Acquisition Value shall be paid as described in this Section 4.3. On the Closing Date, Buyer shall deliver to each Seller (a) the Seller Cash Consideration for such Seller, (b) the Seller Unit Consideration for such Seller and (c) if (and only if) a Make-Whole Notice shall have been delivered pursuant to Section 4.4, the Seller Make-Whole Cash Consideration for such Seller.
Without limiting the foregoing, Seller agrees that as long as the License Agreement remains in effect, whether or not Seller physically signs a Rental Agreement for each participating Seller Unit, the provisions set forth in Exhibit H to the form Rental Agreement will apply automatically to each participating Seller Unit, without requirement of notice to or consent of Seller, and Seller expressly acknowledges and agrees to all of the terms and provisions of such Exhibit H to the Rental Agreement.