Series B-1 Units definition

Series B-1 Units are defined in Section 1.
Sample 1Sample 2Sample 3
Series B-1 Units is defined in the Prior LLC Agreement.
Sample 1Sample 2
Series B-1 Units is defined in Section 3.2(e).
Sample 1

Examples of Series B-1 Units in a sentence

  • The Series B-1 Units are intended to constitute “profits interests” within the meaning of Revenue Procedures 93-27 and 2001-43.

  • Except as provided in Section 4 below, all Series B-1 Units shall initially be deemed “Unvested Series B-1 Units” under the LLC Agreement (“Unvested Units”), shall be subject to all of the restrictions on Series B-1 Units contained in the LLC Agreement and, to the extent the LLC Agreement distinguishes between Vested Series B-1 Units and Unvested Series B-1 Units, shall carry only such rights as are conferred on Unvested Series B-1 Units under the LLC Agreement.

  • Within thirty (30) days after the date of the issuance of the Series B-1 Units, the Principal shall make an election authorized by section 83(b) of the Code with respect to the Series B-1 Units and the Principal shall submit to the Company a copy of the statement filed by the Principal to make such election.

  • Nothing in the issuance of the Series B-1 Units and nothing in this Agreement shall confer upon the Principal the right to continued employment by the Company or affect in any way the right of the Company to terminate such employment at any time.

  • Vested Units shall no longer be deemed Unvested Series B-1 Units, shall no longer be subject to the restrictions on Unvested Series B Units (but shall remain subject to the restrictions on the Series B Units in general) under the LLC Agreement and, to the extent the LLC Agreement distinguishes between Vested Series B-1 Units and Unvested Series B-1 Units, shall carry all of the rights conferred on Vested Series B-1 Units under the LLC Agreement.

  • Except as otherwise provided herein, this Agreement shall bind and inure to the benefit of and be enforceable by and against the Principal, the Company and their respective successors, assigns, heirs, representative and estate, as the case may be (including subsequent holders of Series B-1 Units); provided, that the rights and obligations of the Principal under this Agreement shall not be assignable except in connection with a transfer of the Series B-1 Units permitted under the LLC Agreement.

  • The Common Units, the Series B-1 Units, the Series B-2 Units and the general partner interests of NEP OpCo conform to all statements relating thereto contained in the Registration Statement and the Prospectus and such descriptions conform to the rights set forth in the instruments defining the same.

  • As of the date of this Agreement, (A) 59,890,000 Series A-1 Preferred Units are issued and outstanding, 39,980,004 Series A-2 Preferred Units are issued and outstanding, 5,518,800 Series B-1 Units and 2,364,200 Series B-2 Units are issued and outstanding, 7,170,000 Series C Units are issued and outstanding, 11,346,100 Series D Units are issued and outstanding and 6,547,000 Series E Units are issued and outstanding; and (B) except as set forth on Schedule 6.03(h), no Units are held by Laredo in treasury.

  • Unless terminated sooner by the written consent of all parties hereto, this Agreement shall survive and remain in full force and effect for so long as the Class B Holders continue, as (i) the Members representing a majority of the Series B1 Units, Series B2 Units and Series B3 Units (voting together as a single class) and (ii) the Members representing a Class B Majority, to have the right to appoint a Manager pursuant to the LLC Agreement.

  • Xxxxxxx e-mail: xxxxxxxx@xxxxxxxxxxxxxxxx.xxx Series B-1 Units: 3,672.40 Series B-1 Units: 3,672.40 Series B-1 Units: 69,775.60 Series B-1 Units: 69,775.60 Series B-1 Units: 73,448 55,151 Shares of Common Stock with a fair market value of $7.04/per share Series B-1 Units 3,882.63 Series B-1 Units 77,330.63 CKH Partners II, L.P. c/o Eclipse Resources 0000 Xxx Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxx Xxxxxxx, Xxxxxxxxxxxx 00000 Attention: Xxxxxxxxxxx X.


More Definitions of Series B-1 Units

Series B-1 Units has the meaning set forth in the Partnership Agreement.
Sample 1

Related to Series B-1 Units

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

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

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

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

  • Series B Preferred Units means the Partnership's 8 5/8% Series B Cumulative Redeemable Partnership Units.

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

  • 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.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • 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.

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

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

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

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

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

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

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

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

  • Common Units means common units representing limited partner interests in the Partnership.

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

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

  • Series B Stock means the Company's Series B Convertible Preferred Stock, par value $0.000001 per share.

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

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

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.