HLPR definition
Examples of HLPR in a sentence
If Consultant obtains financing for the Corporation from the HLPR Chair which inures to the benefit of Corporation, Consultant shall be paid a fee equal to 1.0% of the net cash proceeds to the Corporation.
Such Common Units are issued to the Members pursuant to this Agreement and shall hereafter represent (i) in the case of HLH, the Common Units held by HLH prior to the consummation of the Recapitalization and the Common Units issued to HLH by the Company pursuant to the Recapitalization Agreement and (ii) in the case of HLPR, the Common Units purchased by HLPR from CSX-DS pursuant to the CSX Purchase Agreement and the Common Units issued to HLPR by the Company pursuant to the Recapitalization Agreement.
If Consultant obtains revenues or other income for the Corporation from the HLPR Chair which inures to the benefit of Corporation, Consultant shall be paid a fee equal to 7.5% of the net cash proceeds to the Corporation for the period ending the earlier of July 1, 2008, or the last date upon which the Corporation receives cash proceeds.
Subject to the terms of this Consulting Agreement, Consultant shall have the exclusive right to market the HLPR Chair for the benefit of the Corporation and its shareholders on terms acceptable to the Corporation.
CSX Domestic is the record and beneficial owner of a Membership Interest in the Company consisting of 6,000 Senior Preferred Units and 100 Common Units and desires to sell all such Senior Preferred Units and Common Units to HLPR in exchange for cash, and HLPR desires to purchase all such Senior Preferred Units and Common Units from CSX Domestic.
Consultant shall not at any time either during the six (6) month period of the Consulting Agreement or for eighteen months (18) months thereafter, market the HLPR Chair for the benefit of any other party, unless expressly approved in writing by the Corporation.
Identifiers (such as ELL, IEP, and 504) and standardized assessments are optional and customizable by the school.
CSX Domestic has full authority to transfer complete and unencumbered title to such Senior Preferred Units and Common Units to HLPR pursuant to the terms of this Agreement.
HLH and HLPR (the “Initial Members”) now desire to amend and restate the Amended and Restated LLC Agreement in accordance with the terms of this Second Amended and Restated LLC Agreement, whereupon the authorized membership interests of the Company shall consist of one class of units designated the Common Units.