Subsequent Units definition

Subsequent Units shall have the meaning assigned to such term in Section 3.4(b)(iv).
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Subsequent Units shall have the meaning set forth in Section 2.2.
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Subsequent Units shall have the meaning set forth in Section 5.1(a) hereto.
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Examples of Subsequent Units in a sentence

  • As to each Subsequent Closing, each Subsequent Closing Purchaser shall have delivered to the Company the total purchase price to be paid for such Subsequent Closing Purchaser’s Subsequent Units.

  • Subsequent Units shall become available at the rate of one Unit every three consecutive months of employment until 12 months have been completed.

  • Upon the closing of the purchase of Subsequent Units the Subsequent Units will automatically convert into equity in the Company Subsidiaries in accordance with the provisions of Section 5.1(b).

  • The value of these Units is SAR 365,286,270 using the par value of the Subsequent Units (SAR 10 per Unit).

  • Any Subsequent Units shall be evidenced by an agreement in form and substance as reasonably determined by the Company’s Board of Directors.

  • The value of these Units is SAR 380,378,350 using the par value of the Second Subsequent Units (SAR 10 per Unit).

  • Whereas the weighted average of the closing price of the last 20 trading days before the issue of CMA’s approval, equals SAR 9.4227, which is higher than the Fund’s NAV per Unit of SAR 8.8201 per Unit as at 30 December 2020, the Fund’s NAV per Unit as at 30 September 2020 is used as the target Subscription Price of the Second Subsequent Units.

  • Except as provided in Section 6, each group of Subsequent Units granted on a Subsequent Grant Date shall become vested and nonforfeitable (i) in installments over three years following the grant thereof in proportions substantially similar to those contained in Section 2(a) hereof and (ii) contingent on the Company’s satisfaction of the performance hurdles as determined by the Company’s Board of Directors at the time of grant thereof.

  • The price of the Second Subsequent Units will be based on the weighted average of the Unit Price (based on the trading volume and the closing price for the last 20 trading days prior to the issue of CMA’s approval), not exceeding the Fund’s NAV per Unit according to the latest audited pro forma financial statements as at 30 September 2020, amounting to SAR 8.8201 per Unit; that is, the target Subscription Price will be calculated on the basis of the lower value.

  • As to the Initial Closing, each Purchaser shall have delivered to the Company the total purchase price to be paid for such Purchaser’s Initial Units, in the amount set forth opposite such Purchaser’s name on Exhibit A, As to each Subsequent Closing, each Subsequent Closing Purchaser shall have delivered to the Company the total purchase price to be paid for such Subsequent Closing Purchaser’s Subsequent Units.


More Definitions of Subsequent Units

Subsequent Units means the Transaction Units allocated to the 20[ ]-[ ] Reference Pool, first, pursuant to the Exchange Note Sale Agreement, then subsequently pursuant to the Exchange Note Transfer Agreement.]
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Subsequent Units has the meaning set forth in Section 3.01.
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Subsequent Units means Units representing a 90% interest in each Oasis LLC.
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Subsequent Units has the meaning ascribed to such term in Section 2.2(b).
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Related to Subsequent Units

  • Placement Units shall have the meaning given in the Recitals hereto.

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Private Placement Units shall have the meaning given in the Recitals hereto.

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

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Common Units is defined in the Partnership Agreement.

  • 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.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • 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.

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

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • 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.

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

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

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • 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.

  • Private Units means (x) the Units purchased in the private placement taking place simultaneously with the consummation of the Company’s IPO and (y) the additional Units that may be purchased in connection with the exercise of the over-allotment option by the underwriters in the IPO as described in the Registration Statement; (vi) “Registration Statement” means the registration statement on Form S-1 filed by the Company with respect to the IPO; and (vii) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.