Series A-2 Units definition

Series A-2 Units shall have the meaning given that term in the LLC Agreement.
Sample 1Sample 2
Series A-2 Units has the meaning assigned in Section 3.1(a).
Sample 1Sample 2
Series A-2 Units means the Series A-2 Convertible Units representing limited partnership interests in AMID having the rights and obligations specified in the Partnership Agreement.
Sample 1Sample 2

Examples of Series A-2 Units in a sentence

  • For purposes of the preceding proviso, the after-tax proceeds of the shareholders of a holder of Series A-2 Units will be determined using the Corporate Tax Rate.

  • The Series A-2 Member or Series A-2 Members initiating a Drag-Along Transaction pursuant to this Section 7.4(a) are referred to as the “Drag Initiating Members.” Any action or determination to be made by the Drag Initiating Members may be made by the one or more Drag Initiating Members that constitute a majority of the Series A-2 Units held by all Drag Initiating Members.

  • Without the consent of the General Partner, no Xxxxxx Limited Partner shall Transfer all or any part of its Interests, directly or indirectly (including by way of a Transfer of equity interests of a holder of Series A-2 Units (“shares” of “Blocker Stock”) or equity interests of a Permitted Transferee)] until a Qualified Public Offering except (a) in a Permitted Transfer, (b) in a Transfer as a Participating Seller pursuant to Sections 9.1 or 9.2 or (c) as provided in Articles X, XIII or XIV.

  • For each CapEx Contribution made by a Funding Member to the Company, the Company shall issue to such Funding Member a number of Class A Common Units equal to the amount of such CapEx Contribution made by such Funding Member divided by $[REDACTED]*; provided, that, the Series A-1 Members making such CapEx Contribution shall receive Series A-1 Units and the Series A-2 Members making such CapEx Contribution shall receive Series A-2 Units.

  • Further, the Parties shall determine the final number of New Laredo Preferred Units to be authorized, issued and outstanding and set forth in the Amended LLC Agreement as an amount equal to (i) (A) the aggregate amount of Series A-1 Units and Series A-2 Units outstanding as of the Closing divided by (B) the LP Allocation (as such term is defined in the Amended LLC Agreement) times (ii) the BOE Allocation.

  • The Series C Units rank pari passu with, and have all the same rights (including the rights to share in Net Income and Net Loss or items thereof) and be subject to all of the same obligations as, the Series A-1 Units (except that the Series B Members will not have any right to share in amounts to be distributed to the Series C Members) and the Series A-2 Units.

  • The Member or Members initiating a Qualified Public Offering pursuant to this Section 7.6(a) are referred to as the “IPO Initiating Members.” Any action or determination to be made by the IPO Initiating Members may be made by the one or more IPO Initiating Members that constitute a majority of the Series A-2 Units held by all IPO Initiating Members.

  • On the Effective Date, after giving effect to the Effective Date Transactions, the Company has issued (i) 26,897,141 Units designated as Class A Common Units, of which (x) 15,895,577 are designated as Series A-1 Units and (y) 11,001,564 are designated as Series A-2 Units and (ii) 894,102 Units designated as Class B Common Units.

  • AMID desires to sell to the Purchaser, and the Purchaser desires to purchase from AMID, certain Series A-2 Units (as defined below), in accordance with the provisions of this Agreement.

  • The Fund will use the proceeds of the Offering of Series A1 Units, Series A2 Units, Series A3 Units, Series A4 Units, Series E Units and Series F Units to purchase, respectively, Series A1 LP Units, Series A2 LP Units, Series A3 LP Units, Series A4 LP Units, Series E LP Units and Series F LP Units of the Partnership.


More Definitions of Series A-2 Units

Series A-2 Units is defined in the Prior LLC Agreement.
Sample 1Sample 2
Series A-2 Units means the Series A-2 Units issued by the Company pursuant to the Prior LLC Agreement.
Sample 1Sample 2
Series A-2 Units means the Series A-2 Convertible Units representing limited partnership interests in AMID having the rights and obligations specified in the Partnership Agreement. “Subsidiary” means, with respect to any Person, (a) a corporation of which more than 50% of the voting power of shares entitled (without regard to the occurrence of any contingency) to vote in the election of directors or other governing body of such corporation is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person or a combination thereof, (b) a partnership (whether general or limited) in which such Person or a Subsidiary of such Person is, at the date of determination, a general or limited partner of such partnership, but only if more than 50% of the partnership interests of such partnership (considering all of the partnership interests of the partnership as a single class) is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person, or a combination thereof, or (c) any other Person (other than a corporation or a partnership) in which such Person, one or more Subsidiaries of such Person, or a combination thereof, directly or indirectly, at the date of determination, has (i) at least a majority ownership interest or (ii) the power to elect or direct the election of a majority of the directors or other governing body of such Person. ARTICLE
Sample 1
Series A-2 Units has the meaning set forth in the Company Issuer LLC Agreement.
Sample 1

Related to Series A-2 Units

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Class B Units means the Class B Units of the Company.

  • Series A Shares means Series A currency hedged mutual fund shares and/or Series A non-currency hedged mutual fund shares of a fund, as applicable.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • 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.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Class C Units The term "Class C Units" shall have the meaning set forth in the preface.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Common Units is defined in the Partnership Agreement.

  • Series A Stock means the Company’s Series A Preferred Stock, par value $0.01 per share.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

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

  • 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.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.