Additional Units definition

Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Additional Units shall have the meaning set forth in Section 8.3 hereof.

Additional Units has the meaning set forth in Section 4.03(a) hereof.

Examples of Additional Units in a sentence

The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised.
The purchase and issuance of the Additional Units shall occur only in the event that the underwriters’ 45-day over-allotment option (“Over-Allotment Option”) in the IPO is exercised in full or part.
Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.
In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 43,875 Additional Units at $10.00 per Additional Unit for an aggregate purchase price of $438,750 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”).
Where there are sufficient Remaining Units to satisfy all additional subscriptions by holders exercising their rights under the Additional Subscription Privilege, each holder shall be allotted the number of Additional Units subscribed for.

More Definitions of Additional Units

Additional Units has the meaning given to that term in the second paragraph of this Agreement;

Additional Units has the meaning given to it above;

Additional Units has the meaning ascribed thereto in the second paragraph of this Agreement;

Additional Units has the meaning ascribed thereto in Section 5.1 hereof;

Additional Units means any additional units of limited liability company interest that the Manager is authorized to offer and sell beyond those contemplated in Sections 3.2 and 3.3, authorized in accordance with the terms of Section 3.4.

Additional Units has the meaning given such term in Section 3.3(c).

Additional Units has the meaning specified in Section 2.02.