Combined Unit definition
Examples of Combined Unit in a sentence
For the avoidance of doubt, in no event shall the Class A Unitholders be entitled to receive in such Offer aggregate consideration for each Combined Unit that is greater than the consideration payable in respect of each share of Class A Common Stock in connection with an Offer (it being understood that payments under or in respect of the Tax Receivable Agreement shall not be considered part of any such consideration).
Except as otherwise expressly provided herein, it shall be a condition precedent to any Transfer of any Class A Common Unit that constitutes a portion of a Combined Unit that, concurrently with such Transfer, such transferring Member shall also Transfer to the transferee a corresponding share of Noneconomic Stock.
Aggregate Subscription Amount: $15,000,000 Price Per Combined Unit: $10.00 You must pay the Subscription Amount by wire transfer of United States dollars in immediately available funds to the account specified by SPAC or OpCo in the applicable Closing Notice.
For the avoidance of doubt, in no event shall the Class A Unitholders be entitled to receive in such Corporation Offer aggregate consideration for each Combined Unit that is greater than the consideration payable in respect of each share of Class A Common Stock in connection with a Corporation Offer.
For purpose of example only, a Combined Unit System could be two or more boilers or other power plant equipment that is analyzed and/or controlled in a single optimization or other application.
Notwithstanding anything to the contrary, Field of Use does not include Enterprise Optimization or applications on Combined Unit Systems.
Modeling and optimization technology as applied to Combined Unit Systems or multi-site or enterprise-wide optimization strategies involving, for example, the generation, transmission, distribution or trading of electricity within the energy market.