Vested Common Units definition

Vested Common Units has the meaning set forth in Section 1.1 hereto.
Sample 1Sample 2Sample 3
Vested Common Units means the Common Units that are vested pursuant to the terms of any Award Agreement relating thereto.
Sample 1Sample 2Sample 3
Vested Common Units means all Common Units other than Unvested Common Units.
Sample 1Sample 2Sample 3

Examples of Vested Common Units in a sentence

  • The Repurchase Notice will set forth the number of Executive Units, including the number of Unvested Common Units and Vested Common Units, to be acquired from the recipient holder, the aggregate consideration to be paid for such Units and the time and place for the closing of the transaction.

  • The number of Unvested Carried Common Units and Vested Common Units to be repurchased hereunder shall be allocated among the Company and the Investors pro rata according to the number of Class A Common Units to be purchased by each of them.

  • The Partnership will also maintain a current list of the number of each Management Limited Partner’s Unvested Common Units and Vested Common Units.

  • The integration of this economic appraisal approach evaluates the direct and the indirect impacts about the smart meters projects [3], [4].

  • The Exchanging Member owns beneficially and of record and has full power and authority to convey, free and clear of any Liens, the Vested Common Units to be redeemed by the Company pursuant to Section 2.1 subject to any transfer restrictions of general applicability as may be provided under the Securities Act and the “blue sky” laws of the various states of the United States.

  • These new recommendations are much needed, but without urgent injections of funds, this new work will compete with existing advocacy needs and dilute an already stretched advocacy pool.

  • Upon the termination of the Employee’s employment, (x) Vested Common Units are subject to repurchase in accordance with the terms of Section 11 of the Unitholders Agreement (it being understood and agreed that the calculation of “fair market value” thereunder shall be determined in the sole discretion of the Board of Advisors) and (y) Unvested Common Units shall be immediately and automatically forfeited without any action on the part of any Person.

  • Notwithstanding anything to the contrary, the number of Vested Common Units shall not increase once the Employee ceases to be employed by the Company and/or any of its Subsidiaries.

  • The Separation Repurchase Option with respect to Vested Common Units under SECTIONS 3(a)(i)(B)(I) and 3(a)(i)(B)(II) shall be valid only if Executive fails to exercise his put rights, if any, under SECTION 4 below within the Put Election Period provided in such SECTION 4(a).

  • The closing of the purchase of the Vested Common Units pursuant to the Separation Put Election shall take place on a date to be designated by the Company in the Company Separation Purchase Price Notice, which date shall not be more than 30 days nor less than five days after the Separation Put Exercise Notice is received by the Company.


More Definitions of Vested Common Units

Vested Common Units has the meaning set forth in Section 3(a) hereof.
Sample 1Sample 2Sample 3
Vested Common Units has the meaning set forth in SECTION 1.3 hereto.
Sample 1Sample 2
Vested Common Units means collectively the Vested Class M Units, the Vested Class B Units and the Vested Class C Units.
Sample 1
Vested Common Units is defined in the LLC Agreement. -------------------
Sample 1

Related to Vested Common Units

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

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

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

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

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

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

  • 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.

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

  • Restricted Common Stock means shares of Common Stock which are, or which upon their issuance on the exercise of this Warrant would be, evidenced by a certificate bearing the restrictive legend set forth in Section 9.1(a).

  • Common Units is defined in the Partnership Agreement.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock of the Company plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion or exchange of all then outstanding Common Stock Equivalents.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • 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.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.