BOE Allocation definition

BOE Allocation means 47.118531% of the distribution amount, such percentage to be decreased in the event of the issuance of additional Series A-2 Preferred Units under Section 5.2 to a percentage determined in accordance with the formula set forth on Annex A hereto after increasing the amount in 7.13(b) by the aggregate amount contributed in exchange for any such additional Series A-2 Preferred Units.
View Source

Examples of BOE Allocation in a sentence

  • The Parties agree that the BOE Allocation will be a percentage equal to (a) the Equity Consideration amount as adjusted and determined pursuant to Section 9.02 on or before the Closing divided by (b)(A) the quotient obtained by dividing (i) the Equity Consideration minus the Outstanding Amount by (ii) 50%, minus (B) the net amount of all adjustments to the Equity Consideration under Section 9.02 other than the Outstanding Amount.

  • Further, the Parties shall determine the final number of New Laredo Preferred Units to be authorized, issued and outstanding and set forth in the Amended LLC Agreement as an amount equal to (i) (A) the aggregate amount of Series A-1 Units and Series A-2 Units outstanding as of the Closing divided by (B) the LP Allocation (as such term is defined in the Amended LLC Agreement) times (ii) the BOE Allocation.

  • Never provide cash, firearms, ammunition, explosives, controlled substances, alcohol, or tobacco products in exchange for WIC benefits and/or eWIC card.

  • The Offer Price per Offered Unit may differ in order to reflect differences in the LP Allocation, BOE Allocation, Preferred Unit Preference Amounts, BOE Preferred Unit Preference Amount and Designated Values with respect to the Preferred Units that are Offered Units and differences in rights to distributions pursuant to Section 6.1(c), Designated Values, Withheld Amounts and Retained Amounts, if any, with respect to the Vested Profits Units that are Offered Units.