Examples of Company Membership Units in a sentence
Without limiting any other provisions thereof referenced in this Agreement, the Organizational Documents of the Surviving Pubco shall provide for formula voting such that each holder of a Surviving Pubco Class V Share shall be entitled to a number of votes equal to the number of Surviving Company Membership Units held by such holder.
Parent shall use its reasonable best efforts to cause the Surviving Pubco Class A Shares (including the Surviving Pubco Class A Shares to be issued in connection with the Domestication and the Surviving Pubco Class A Shares issuable upon exchange of Surviving Company Membership Units in accordance with the Exchange Agreement) to be approved for listing on Nasdaq as of the Closing.
In a similar spirit, the Society advocates that this Bill should take the opportunity to include a provision in legislation to ensure that Local Authorities have access, and give due regard to, appropriate information and professional advice on the local historic environment in exercising their duties.
From and after the Effective Time, the holders of Company Membership Units outstanding immediately prior to the Effective Time shall cease to have any rights with respect to such Company Membership Units, except as otherwise provided in this Agreement or by Law.
No holder of Company Membership Units has appraisal rights for any such units in connection with the Merger or the other transaction contemplated by this Agreement.
The limited liability company interests of the Company shall consist of Company Membership Units “Membership Interests.” Initially, the Membership Interest of each Member shall be equal to a percentage equal to the Capital Contribution of such Member divided by the aggregate Capital Contributions of all of the Members.
The Company shall have delivered to DFB Healthcare a certificate, dated the Closing Date, signed by the Secretary of the Company certifying as to the resolutions of the Company Board and the members of the Company holding all the outstanding Company Membership Units entitled to vote authorizing and approving this Agreement, the Merger and the other transactions contemplated by this Agreement.
All of the issued and outstanding Company Membership Units have been duly authorized and validly issued, and are fully paid and nonassessable.
Except as set forth on Schedule 4.2, there are no agreements to which the Company is a party with respect to the voting of and Company Membership Units or which restrict the transfer of any such Company Membership Units.
There are no declared or accrued but unpaid distributions with respect to the Company Membership Units.