Series C Unit definition

Series C Unit means one Series C Preferred Share and five (5) Series C Warrants.
Sample 1Sample 2Sample 3
Series C Unit means a Series C Convertible Preferred Unit as defined in the AMID Partnership Agreement.
Sample 1Sample 2Sample 3
Series C Unit means a Series C membership interest that consists of no Profits Interest and no Voting Interest. The Series C Units only have a right to receive a distribution of assets from the Company in the event of a Liquidity Event.
Sample 1Sample 2Sample 3

Examples of Series C Unit in a sentence

  • If the Series C Unit holders do not like the direction of the Company, the investors will have no power to propose or implement changes.

  • Receipt by the Lender of a Preferred Series C Unit Purchase Agreement among GWG, Holdings (as defined in this Agreement as in effect on the Second Amendment and Restatement Date) and Parent.

  • Therefore, if a Series C Unit holder converts to become a Series B Unit holder, such Series B Unit holder may incur tax liability that exceeds the cash distributions from the Company.

  • The Series C Convertible Preferred Units shall be issued by the Partnership pursuant to the terms and conditions of the Series C Unit Purchase Agreement.

  • Each Member holding Series C Units shall be entitled to one (1) vote for each Series C Unit registered in the name of such Member (as shown in the Unit Holder Register) as to any matter for which a Member holding Series C Units is entitled to vote under this Agreement or the Act.

  • The principal role of the President of the Foundation will be to provide vision, leadership and guidance to the General Body and the Executive Committee.

  • Receipt by the Lender of a Preferred Series C Unit Purchase Agreement among GWG, Holdings and Parent.

  • REGULATION A TIER 2 PRELIMINARY OFFERING CIRCULARESOTERIC BREWING COMPANY, LLCOFFERING OF _________* SERIES C UNITSOffering Price per Series C Unit: $100Maximum Offering: ____________ Series C Units ($—,000)See “Key Features of Securities Being Offered” on page __ for additional information.Dated: _____________ The proposed sale will begin as soon as practicable after this Offering commences.

  • FORM 1-A REGULATION A TIER 2 PRELIMINARY OFFERING CIRCULARESOTERIC BREWING COMPANY, LLCOFFERING OF 6,992 SERIES C UNITSOffering Price per Series C Unit: $100Maximum Offering: 6,992 Series C Units ($699,200)See “Key Features of Securities Being Offered” on page 15 for additional information.Dated: _____________The proposed sale will begin as soon as practicable after this Offering commences.

  • The initial Capital Account balance in respect of each Senior Subordinated Series C Unit shall be the Issue Price for such Senior Subordinated Series C Unit, and the initial Capital Account balance of each holder of Senior Subordinated Series C Units in respect of all Senior Subordinated Series C Units held shall be the product of such initial balance for a Senior Subordinated Series C Unit multiplied by the number of Senior Subordinated Series C Units held thereby.


More Definitions of Series C Unit

Series C Unit means a unit consisting of: (i) one Series C Warrant Share and (ii) a Series C-1 Warrant.
Sample 1Sample 2
Series C Unit means a Unit representing a fractional part of the equity interest in the Company having the rights and obligations specified with respect to the Series C Units in this Agreement.
Sample 1Sample 2
Series C Unit means each unit consisting of: (i) one share of the Common Stock and (ii) a Series C-1 Warrant to purchase one share of Common Stock at an initial exercise price of $__.
Sample 1
Series C Unit means each Series C Unit of limited liability company interest in the Company granted pursuant to the Third Amended and Restated Operating Agreement.
Sample 1

Related to Series C Unit

  • Class C Unit means a Partnership Security representing a fractional part of the Partnership Interests of all Limited Partners and Assignees, and having the rights and obligations specified with respect to the Class C Units in this Agreement. The term “Class C Unit” does not refer to a Common Unit until such Class C Unit has converted into a Common Unit pursuant to the terms hereof.

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

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

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

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Series C or "Series C Equipment Notes" means Equipment Notes issued and designated as "Series C" hereunder, in the Principal Amount and maturities and bearing interest as specified in Section 2.02 and Schedule I hereto under the heading "Series C."

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

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

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

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

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

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

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

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

  • Series B-2 Preferred Shares means the Company’s series B-2 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.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.

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

  • Series C Warrants means, collectively, the Series C 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 and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.

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

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

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