Closing Units definition

Closing Units shall have the meaning ascribed to such term in Section 2.1(a)(i).
Closing Units means Units that were originally purchased on the date of this Agreement (as adjusted for any Unit combinations, Unit splits, or equity dividends, recapitalizations, reclassifications and the like with respect to the Units (including any Corporate Conversion) and the Earnout Transactions, if applicable).
Closing Units has the meaning set forth in Section 2.1.

Examples of Closing Units in a sentence

  • The Company shall apply the net proceeds from the sale of the Closing Units and the Option Securities in the manner described under the caption “Use of Proceeds” in the Registration Statement, the Pricing Disclosure Package and the Final Prospectus.

  • The Company will promptly notify the Underwriter if the Company ceases to be an Emerging Growth Company at any time prior to the later of (i) completion of the distribution of the Closing Units within the meaning of the Securities Act and (ii) completion of the Lock-Up Period (as defined below).

  • The Company understands that the Underwriter intends to make a public offering of the Closing Units as soon after the effectiveness of this Agreement as in the judgment of the Underwriter is advisable, and initially to offer the Closing Units on the terms set forth in the Final Prospectus.

  • The Company acknowledges and agrees that the Underwriter may offer and sell Closing Units to or through any Affiliate of an Underwriter.

  • On the Closing Date, the Company shall pay to the Underwriter, by deduction from the net proceeds of the Offering a non-accountable expense allowance equal to one percent (1.0%) of the gross proceeds received by the Company from the sale of the Closing Units), provided, however, that in the event that the Offering is terminated, the Company agrees to reimburse the Underwriter pursuant to Section 6(c) hereof.

  • The Company acknowledges and agrees that the Underwriter may offer and sell Closing Units to or through any Affiliate of the Underwriter.

  • If the Third Closing does not happen while the First and Second Closings have happened and the 7.5% ATA Online Consideration and the Second Closing Consideration have been distributed to ATA BVI as dividend, we would incur up to approximately US$27.35 million taxes and approximately US$ 3 million of other expenses.

  • The Company shall not invest, or otherwise use the proceeds received by the Company from the sale of the Closing Units or the Option Securities in such a manner as would require the Company or any of its subsidiaries to register as an “investment company” (as defined in the Investment Company Act) under the Investment Company Act.

  • The Client shall sign a project completion and acceptance form prior to project go-live which acceptance shall be subject to project go-live delivering a fully functional website pursuant to the terms of this agreement.

  • For the avoidance of doubt, upon the release of the Escrow Amount to the Purchaser, the Sellers shall be under no obligation to sell the Second Closing Units hereunder.


More Definitions of Closing Units

Closing Units is defined in Section 2.2(a)(i).

Related to Closing Units

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Second Closing has the meaning set forth in Section 2.2.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units set forth opposite such Purchaser’s name under the column titled “Purchased Units” set forth on Schedule A hereto.

  • Closing Merger Consideration has the meaning set forth in Section 2.02

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Pre-Closing Taxes means Taxes of the Company for any Pre-Closing Tax Period.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • RI Closing Value means, in respect of a Reference Item and a ST Valuation Date, the Settlement Level (as defined in the Equity Linked Conditions) on such ST Valuation Date.

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date.

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Offered Units has the meaning set forth in Section 9.03(a)(i).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Purchaser Stock Price means, with respect to any Common Stock Fundamental Change, the average of the daily Closing Price for one share of the common stock received by holders of the Common Stock in such Common Stock Fundamental Change during the 10 Trading Days immediately prior to the date fixed for the determination of the holders of the Common Stock entitled to receive such common stock or, if there is no such date, prior to the date upon which the holders of the Common Stock shall have the right to receive such common stock.

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • Final Merger Consideration has the meaning set forth in Section 2.10(b)(ii)(D).

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Closing Securities shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Put Closing shall have the meaning set forth in Section 2.3.8.