Determined Number definition
Examples of Determined Number in a sentence
The Partnership shall issue and deliver within ten (10) Business Days after the Notice Date, to the holder of the Series W Preferred Unit at the address of the holder on the books of the Partnership, the Determined Number of Class B Units (which Class B Units shall automatically be converted into Class A Units following the expiration of the applicable Distribution Period within which the conversion occurs).
At the Closing, NDA shall deliver to UniHolding a duly executed certificate or certificates representing the Determined Number of shares of Class A Stock.
The repurchase price in respect of the Series W Preferred Unit upon such repurchase shall be paid by the Partnership in cash and shall be a cash amount in dollars equal to the Determined Number (as calculated in accordance with the terms set forth in Exhibit C hereto) multiplied by the Value of one Share of the Company on the date the holder delivers the associated Repurchase Demand Notice (as defined below) (the “Cash Repurchase Consideration”).
Upon giving of the Exercise Notice, UniHolding shall be entitled to receive at the Closing upon delivery of the funds referred to in paragraph (c) of this Section the number of shares of NDA Class A Stock equal to the Determined Number.
At Closing, UniHolding will make payment to NDA for the Determined Number of shares of Class A Stock in immediately available funds to a designated account of NDA, in an amount equal to the product of the Established Price Per Share, multiplied by the Determined Number of shares of Class A Stock issuable upon exercise of the Option.
The closing of the exercise of the Option and purchase of the Determined Number of shares of Class A Stock (the "CLOSING") shall be held at 10:00 A.M., New York time on the Closing Date at the offices of Meltzer, Lippe, Goldstein, Wolf, Schl▇▇▇▇▇ & Sazer, P.C., 190 Will▇▇ ▇▇▇nue, Mineola, New York, or during such other time or at such other place as may be agreed upon in writing by NDA and UniHolding.