Common use of Holdback Units Clause in Contracts

Holdback Units. On the first anniversary of the Closing Date, BNP shall issue 37,037 Units, which is calculated by dividing the Holdback Amount by the Unit value of $13.50 per Unit. Of these total 37,037 Units, ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ shall receive 18,518 Units and Family Homes, LLC shall receive 18,519 Units.

Holdback Units. On the first anniversary of the Closing Date, BNP shall issue 37,037 UnitsUnits to ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇., which is calculated by dividing the Holdback Amount by the Unit value of $13.50 per Unit. Of these total 37,037 Units, ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ shall receive 18,518 Units and Family Homes, LLC shall receive 18,519 Units.