DMRC Units definition

DMRC Units means limited liability company interests of DMRC.
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Examples of DMRC Units in a sentence

  • DMRC shall direct the Distribution Agent to distribute on the Distribution Date, or as soon as reasonably practicable thereafter, the appropriate number of DMRC Units (or shares of DMRC Sub Common Stock, if the DMRC Merger has already occurred) to each such holder or the designated transferee of such holder.

  • Prior to the Distribution Date, Digimarc shall enter into an agreement with the Distribution Agent (the “Distribution Agent Agreement”), which shall be on terms that are reasonably satisfactory to L-1, providing for the Distribution of DMRC Units in accordance with the terms of this Agreement.

  • Notwithstanding anything herein to the contrary, if the Distribution is effected without effecting the Trust Transfer, no certificate or scrip representing fractional DMRC Units shall be delivered to the Distribution Agent for the benefit of holders of record of Digimarc Common Stock on the Record Date (the “Digimarc Stockholders”).

  • As a result of the DMRC Merger, each holder of DMRC Units will receive one (1) share of DMRC Sub Common Stock for each DMRC Unit allocated to the holder in the Distribution.

  • DMRC shall hold such DMRC Units for the account of such Digimarc Stockholders and any such Digimarc Stockholder shall look only to DMRC for such DMRC Units, subject to applicable escheat or other abandoned property Laws.

  • DMRC agrees to provide all book entry registration authorizations for DMRC Units or DMRC Sub Common Stock, as applicable, that Digimarc shall require (after giving affect to Section 2.04) in order to effect the Distribution.

  • Any DMRC Units made available to the Distribution Agent that remains undistributed one hundred eighty (180) days after the Distribution Date shall be delivered to DMRC.

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  • DMRC shall hold such DMRC Units or shares of DMRC Sub Common Stock, as applicable, for the account of such Digimarc Stockholders and any such Digimarc Stockholder shall look only to DMRC for such DMRC Units or shares of DMRC Sub Common Stock, as applicable, subject to applicable escheat or other abandoned property Laws.

  • If the Trust Transfer is effected, fractional DMRC Units and fractional shares of DMRC Sub Common Stock may be issued or recorded, prior to the completion of the Distribution by the trust as contemplated in Section 3.04(b) and subject to Section 3.07(c), for the benefit of Digimarc Stockholders.

Related to DMRC Units

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Company Units has the meaning set forth in the Recitals.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Common Units is defined in the Partnership Agreement.

  • Class C Units shall have the meaning set forth in the preface.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • Membership Units has the meaning set forth in the Recitals.

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • Class B Units has the meaning set forth in Section 3.04(a)(ii).

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units set forth opposite such Purchaser’s name under the column titled “Purchased Units” set forth on Schedule A hereto.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • LLC Unit means a common limited liability interest in the Company.

  • Offered Units has the meaning set forth in Section 9.03(a)(i).

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.