Acquisition of Units. (a) The Company hereby grants to GE the right to purchase, for every one Common Unit issued to Newco under Section 3.03(d), such number of additional Common Units as would result in GE holding immediately following such purchase the same percentage of the total outstanding Common Units it held immediately prior to such issuance by Newco under Section 3.03(d). Newco hereby grants to GE the right to purchase, for every one Common Unit issued to Newco under Section 3.03(d), such number of additional shares of Class B Common Stock as would result in GE holding immediately following such purchase the same percentage of the total outstanding shares of Newco common stock it held immediately prior to such issuance by Newco under Section 3.03(d). The Company shall give written notice of any such proposed issuance of additional Common Units to Newco under Section 3.03(d) no less than ten (10) Business Days prior to the date of the proposed issuance (or, if later, as promptly as reasonably practicable and in any event prior to such proposed issuance), which notice shall include the number of additional Common Units proposed to be issued to Newco and the proposed date of issuance; provided that no such notice shall be required for any individual issuance of fewer than 100,000 additional Common Units so long as the sum of all such individual issuances below such amount do not exceed 1,000,000 Common Units in the aggregate in any ninety (90) day period referred to in the following proviso; provided, further, the Company shall provide at least one such notice every ninety (90) days, which notice shall include all previous issuances of Common Units to Newco under Section 3.03(d) during such ninety (90) day period for which a notice has not previously been provided pursuant to this sentence. GE shall have the right to purchase a number of Common Units and an equal number of shares of Class B Common Stock, in each case as would result in GE holding immediately following such purchase the same percentage of the total outstanding Common Units and shares of Newco Common Stock it held immediately prior to such issuance by Newco under Section 3.03(d), by delivering written notice to the Company and Newco within one hundred twenty (120) days following the end of the year in which such issuance occurs. The aggregate purchase price payable by GE for each such Common Unit and share of Class B Common Stock shall be equal to (i) in the case of a Common Unit issued by the Company in re...
Acquisition of Units. (a) The Company hereby grants to each Impala Holder the right (the “Purchase Right”) to purchase up to its Pro Rata Portion of any Units that are proposed to be issued to Gazelle Holdco pursuant to Section 3.04 (other than any Units issuable in respect of any Excluded Securities or shares of Common Stock or other Equity Securities of Parent issued pursuant to Section 3.03), provided that solely with respect to any issuance of Common Units with respect to the issuance by Parent of shares of Common Stock, such right shall terminate automatically if Impala (i) exchanges any Common Units pursuant to the Exchange Agreement or (ii) otherwise Transfers any Common Units to any Person other than to a Permitted Transferee.
Acquisition of Units. Subject to the terms and conditions hereof and the provisions of the Memorandum, the undersigned hereby irrevocably subscribes for and agrees to purchase the number of Units indicated in Item 8 on page 8 of this Agreement at a purchase price of $1,000 per Unit, or an aggregate purchase price equal to the amount indicated in Item 9 on page 8 of this Agreement.
Acquisition of Units. On the date hereof, each Partner has contributed cash to the Partnership in exchange for Units as shown below: Partner Cash Units Lyondell GP $ 11,400 114 Millennium GP $ 8,600 86 Lyondell LP $ 558,600 5,586 Millennium LP $ 421,400 4,214 TOTAL $1,000,000 10,000 The Units shall entitle the holder to the distributions set forth in Section 3 and to the allocation of Profits, Losses and other items as set forth in Section 4. Units shall not be represented by certificates.
Acquisition of Units. In exchange for the capital contributions made pursuant to Section 2.2, each Partner shall be entitled to the following Units:
Acquisition of Units. ASE is acquiring its portion of the Purchased Units for its own account and not to offer or sell the Purchased Units as part of a public distribution, and ASE is not participating, directly or indirectly, in an underwriting of any such public
Acquisition of Units. Drenttel is acquiring his portion of the Purchased Units for his own account and not to offer or sell the Purchased Units as part of a public distribution, and Drenttel is not participating, directly or indirectly, in an underwriting of any such public distribution. Drenttel is aware that state and federal securities laws impose restrictions on transferability of the Purchased Units and Drenttel agrees to comply with such restrictions.
Acquisition of Units. Gamst is acquiring his portion of the Purchased Units for his own account and not to offer or sell the Purchased Units as part of a public distribution, and Gamst is not participating, directly or indirectly, in an underwriting of any such public distribution. Gamst is aware that state and federal securities laws impose restrictions on transferability of the Purchased Units and Gamst agrees to comply with such restrictions.
Acquisition of Units. Xxxx is acquiring his portion of the Purchased Units for his own account and not to offer or sell the Purchased Units as part of a public distribution, and Xxxx is not participating, directly or indirectly, in an underwriting of any such public distribution. Xxxx is aware that state and federal securities laws impose restrictions on transferability of the Purchased Units and Xxxx agrees to comply with such restrictions.
Acquisition of Units. Subject to the terms and conditions hereof and the provisions of the Memorandum, the undersigned hereby irrevocably subscribes for and agrees to purchase Units at a purchase price of $3.20 per Unit, or an aggregate purchase price of $ .
