Total Company Units definition

Total Company Units means the aggregate number of Company Units that are issued and outstanding as of immediately prior to the Closing.
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Total Company Units means, at any given time, the total number of Units then outstanding; provided, however, that for purposes of determining whether the requisite Member approval has been obtained with respect to any matter for which this Agreement requires a vote, consent or approval by Members holding a specified percentage of the Units, and for which the Company delivers to each of the Members a written notice requesting such vote, consent or approval, such number of Units then outstanding shall only be deemed to include the then- outstanding Units held by Members who, within thirty (30) days after the date of such notice, either provide the requested vote, consent or approval or (by written notice to the Company) vote against the matter or expressly decline to provide such vote, consent or approval.
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Total Company Units means the total number of Company Units outstanding at the time of the applicable consent; provided, however, that if the Company delivers to each of the Company Members a written notice requesting Member consent with respect to any of the actions set forth in this “Company Member Consent Rights” section, Total Company Units shall only include the then-outstanding Company Units held by Company Members who, within thirty (30) days after the date of such notice, either provide the requested consent or (by written notice to the Company) expressly decline to provide such consent. In addition to the Member consents required by this “Company Member Consent Rights” section of the Equity Term Sheet, in the event Members vote (at a meeting, or by written consent in lieu of a meeting) to authorize the Company (or any of its subsidiaries, including without limitation, SH130) to take any action that would reasonably be expected to materially and adversely affect any Member’s direct or indirect interest (as a holder of New Units) in the Company or any of such subsidiaries in a manner that is disproportionate to the effect on each other Member’s direct or indirect interest (as a holder of New Units) in the Company or any of such subsidiaries, the consent of such Member shall be required. SH1 Member Consent RightsSH1 shall not take any of the following actions without the unanimous written consent of the SH1 Members:• Except as provided under “Dissolution” below, any dissolution, winding-up or liquidation of SH1;• Any change in the tax status of SH1;• Any material amendments to the SH1 LLC Agreement;• Approval of any affiliate transactions;• Any sale of its Company Units, other than in connection with a Sale of the Company, pursuant to an Optional Redemption, or as provided in the SH1 LLC Agreement in connection with any SH1 Member’s exercise of tag-along rights with respect to a Transfer of Company Units;• Any issuance of preferred interests or other securities, other than
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Related to Total Company Units

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

  • 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.

  • 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.

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

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

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

  • Common Units is defined in the Partnership Agreement.

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

  • 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.

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

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

  • 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 A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

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

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

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

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Fully Diluted Shares means, at any time of determination, the number of shares of common stock of the applicable entity outstanding at such time, plus the number of shares of issuable upon exercise or conversion or otherwise pursuant to any in-the-money common stock equivalents of such entity outstanding at such time.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

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

  • 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.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Company Shares means the common shares in the capital of the Company;