Contribution Consideration definition

Contribution Consideration has the meaning set forth in Section 3(a).

Contribution Consideration shall be the applicable amount specified in Section 2.5 of this Agreement.

Contribution Consideration means, with respect to a Pre-Formation Participant in Polar Cactus II LLC, the number of REIT Shares equal to the product determined by multiplying the Contributed Entity Contribution Consideration by a fraction the numerator of which is a Pre-Formation Participant’s Allocated Share of the Contributed Entity Contribution Consideration and the denominator of which is the product determined by multiplying the Contribution Entity Contribution Consideration by the IPO Price (or, if a Valid Election to receive OP Units or cash has been made, the amount of cash or OP Units received in lieu of REIT Shares as the Elected OP Unit Amount or the Elected Cash Amount, respectively, as the context requires).

Examples of Contribution Consideration in a sentence

• As soon as reasonably practicable after the Closing, the Operating Partnership shall deliver to each Contributor the Contribution Consideration payable to such Contributor in the amounts and form provided in Section 1.02(b) hereof.

• Notwithstanding Section 1.02 and any Nominee’s election as to the form of its Contribution Consideration, if any Nominee (other than a non-Accredited Investor), fails to execute a Sale Consent prior to the Closing, such Nominee’s Contribution Consideration shall consist solely of OP Units.

• As soon as practicable following the determination of the Offering Price and prior to the Closing, all calculations relating to the Contribution Consideration shall be performed in good faith by, or under the direction of, the REIT and the Operating Partnership, and the parties hereby agree that, absent manifest error, such calculations shall be final and binding upon the Contributor and each Nominee.

• Notwithstanding Sections 1.03 and 2.03(a), any cash paid as the Contribution Consideration shall be paid only after the receipt of a Sale Consent from such Nominee.

• Subject to the terms and conditions set forth herein and the Equity Commitment Letter and the satisfaction in full (or waiver, if permissible) of all of the conditions set forth in the Equity Commitment Letter, the closing of the subscription by, and issuance to, the Sponsor or its designated Person (as applicable) of Cash Contribution Consideration contemplated hereby (the “Cash Contribution Closing”) shall take place at or immediately prior to the Closing.

More Definitions of Contribution Consideration

Contribution Consideration means a number of Allego Ordinary Shares equal to the quotient determined by dividing (i) the Company Valuation by (ii)$10.00.

Contribution Consideration has the meaning assigned to it in Section 2.1.

Contribution Consideration has the meaning assigned to such term in the definition of “Xxxxxxx Shale Transaction”.

Contribution Consideration has the meaning set forth in Section ‎1.02.

Contribution Consideration means the maximum number of REIT Shares issuable to Two Harbors LLC in exchange for its interest in Two Harbors Property, which maximum number of REIT Shares shall be equal to the product determined by multiplying 24,275,000 by a fraction the numerator of which is the Valuation of the Properties (plus the Acquisition Cash Amount plus the Subsequent Acquisition Cash Amount, without duplicating any amounts for properties in the Valuation) and the denominator of which is the aggregate Valuation of the properties of the Participating Entities, which maximum number of REIT Shares actually issued to Two Harbors LLC shall be reduced as described in Section 1.02.

Contribution Consideration means the Contribution OP Units;

Contribution Consideration means the Membership Interest and Cash Payment.