Deemed Transfer of Units. If Investors shall deliver, at the time and place and in the amount and form provided in this Agreement, the consideration for the Units to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the Person from whom such units are to be repurchased shall no longer have any rights as a holder of such units (other than the right to receive payment of such consideration in accordance with this Agreement), and such Units shall be deemed purchased in accordance with the applicable provisions hereof and Investors shall be deemed the owner and holder of such Units, whether or not certificates therefor have been delivered as required by this Agreement.
Appears in 25 contracts
Samples: Senior Management (Michael Foods Inc/New), Class G Unit Subscription Agreement (Michael Foods Inc/New), Class F Unit Subscription Agreement (Michael Foods Inc/New)
Deemed Transfer of Units. If Investors the Company shall deliver, at the time and place and in the amount and form provided in this Agreement, the consideration for the Units to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the Person from whom such units Units are to be repurchased shall no longer have any rights as a holder of such units Units (other than the right to receive payment of such consideration in accordance with this Agreement), and such Units shall be deemed purchased in accordance with the applicable provisions hereof and Investors the Company shall be deemed the owner and holder of such Units, whether or not certificates therefor have been delivered as required by this Agreement.
Appears in 7 contracts
Samples: Management Unit Subscription Agreement (Radiation Therapy Services Holdings, Inc.), Management Stock Contribution (Radiation Therapy Services Holdings, Inc.), Management Stock Contribution (Radiation Therapy Services Holdings, Inc.)
Deemed Transfer of Units. If Investors shall deliver, at the time and place and in the amount and form provided in this Agreement, the consideration for the Units to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the Person from whom such units Units are to be repurchased shall no longer have any rights as a holder of such units Units (other than the right to receive payment of such consideration in accordance with this Agreement), and such Units shall be deemed purchased in accordance with the applicable provisions hereof and Investors shall be deemed the owner and holder of such Units, whether or not certificates therefor have been delivered as required by this Agreement.
Appears in 2 contracts
Samples: Management Unit Subscription Agreement (Transport Corporation of America Inc), Management Unit Subscription Agreement (Transport Corporation of America Inc)
Deemed Transfer of Units. If Investors shall deliver, at the time and ---- ------------------------ place and in the amount and form provided in this Agreement, the consideration for the Units to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the Person from whom such units are to be repurchased shall no longer have any rights as a holder of such units (other than the right to receive payment of such consideration in accordance with this Agreement), and such Units shall be deemed purchased in accordance with the applicable provisions hereof and Investors shall be deemed the owner and holder of such Units, whether or not certificates therefor have been delivered as required by this Agreement.
Appears in 1 contract
Samples: Management Stock Purchase And (M Foods Investors LLC)
Deemed Transfer of Units. If Investors Holdings shall deliver, at the time and place and in the amount and form provided in this Agreement, the consideration for the Units to be repurchased in accordance with the provisions of this Agreement, then from and after such time, the Person from whom such units Units are to be repurchased shall no longer have any rights as a holder of such units Units (other than the right to receive payment of such consideration in accordance with this Agreement), and such Units shall be deemed purchased in accordance with the applicable provisions hereof and Investors Holdings shall be deemed the owner and holder of such Units, whether or not certificates therefor have been delivered as required by this Agreement.
Appears in 1 contract
Samples: Management Unit Subscription Agreement (Pro Fac Cooperative Inc)
