LP Exchange definition

LP Exchange means the exchange of all limited partnership interests in the respective Matrix LPs for shares of common stock of Parent concurrently with the consummation of the Matrix Merger.
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LP Exchange has the meaning set forth in Section 3.03(a).
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LP Exchange is defined in Section 3.3(b) of this Agreement
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Examples of LP Exchange in a sentence

  • Exhibit A to the form of LP Exchange Agreement with the Holders of all Limited Partnership Interests of Matrix Las Cienegas Limited Partnership attached to the Merger Agreement as Exhibit D thereto is hereby amended and restated in its entirety and replaced with the new Exhibit A attached hereto as Appendix C.

  • Exhibit A to the form of LP Exchange Agreement with the Holders of all Limited Partnership Interests of Matrix Investments, L.P. attached to the Merger Agreement as Exhibit C thereto is hereby amended and restated in its entirety and replaced with the new Exhibit A attached hereto as Appendix B.

  • In the LP Exchange, the Matrix LP Holders will receive, in the aggregate, a number of shares of Parent Common Stock equal to the product of the Aggregate Royale Number multiplied by the percentage (expressed as a decimal fraction) of Matrix Group Capital represented by the Matrix LPs as indicated on Annex I attached hereto (the “Matrix LP Exchange Consideration”).

  • If only one LP causes PESC Company to initiate such LP Exchange, such LP Payment will be calculated as if the LP that caused PESC Company to initiate such LP Exchange directly owned the Units that were the subject of the Exchange.

  • Within 30 days from the date hereof, Newco and Vista agree to cause Newco to enter into Vista Exchange Agreements in connection with the Vista GP Exchange and the Vista LP Exchange, respectively, with all of the holders of the GP Common Stock and all of the Partnership Interests.

  • If more than one LP collectively causes PESC Company to initiate such LP Exchange, each individual LP Payment will be calculated as if each LP that caused PESC Company to initiate such LP Exchange directly owned its proportionate share of the Units that were the subject of the Exchange.

  • Each of the Stock Exchange and the LP Exchange shall ------------- be consummated.

  • Exhibit A to the form of LP Exchange Agreement with the Holders of all Limited Partnership Interests of Matrix Permian Investments, LP attached to the Merger Agreement as Exhibit E thereto is hereby amended and restated in its entirety and replaced with the new Exhibit A attached hereto as Appendix D.