Consideration Units definition

Consideration Units means the Buyer Common Units issued to Seller pursuant to Section 2.1(b).

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Consideration Units has the meaning set forth in Section 3.2 of this Agreement.

Consideration Units means common units representing limited liability company interests in Purchaser Holdco;

Examples of Consideration Units in a sentence

If Buyer has a reasonable doubt about whether Seller may sell the Consideration Units without registration pursuant to the Securities Act, Buyer shall have the right to require Seller to deliver to Buyer a legal opinion from Seller’s legal counsel in a form reasonably acceptable to Buyer.
Seller is aware that, when issued at Closing, the Consideration Units (i) will not be registered under the Securities Act or under any state or foreign securities Laws and (ii) will constitute “restricted securities” under federal securities laws and that under such laws and applicable regulations, none of such Consideration Units can be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.
All of the issued and outstanding Buyer Common Units have been and, upon issuance pursuant to this Agreement, the Consideration Units will be, (a) duly authorized, validly issued, and fully paid and non-assessable (except as such non-assessability may be affected by Sections 17-303, 17-607 or 17-804 of the Delaware Revised Uniform Limited Partnership Act, as amended from time to time) and (b) issued in compliance with all applicable state and federal securities Laws.
Seller may satisfy any obligations arising pursuant to this Article 7 in any combination of cash or the surrender of Consideration Units for redemption (valued at $21.00 per Consideration Unit); provided that, Seller must provide written notice to Buyer of the intent to make a payment (in whole or in part) by surrendering Consideration Units for redemption at least five business days prior to the due date of any such payment.
No later than five business days prior to Closing, Seller shall deliver to Buyer (i) wire instructions for the payment of the Purchased Assets Consideration and (ii) the name, address and tax identification number of Seller, and such other information reasonably requested by Buyer in connection with the issuance of the Consideration Units to Seller.

More Definitions of Consideration Units

Consideration Units has the meaning set forth in Section 7.11(a).

Consideration Units has the meaning ascribed to such term in Section 2.2.

Consideration Units has the meaning given such term in the Unit Purchase Agreement.

Consideration Units has the meaning set forth in Section 1.1(b).

Consideration Units means 9,999 partnership units of the Purchaser;

Consideration Units has the meaning ascribed thereto in schedule 1 (Definitions and interpretation) of the BPA;

Consideration Units has the meaning specified in the First Reserve Unit Purchase Agreement.