Total Company Units means the aggregate number of Company Units that are issued and outstanding as of immediately prior to the Closing.
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.
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