MIU Holders definition

MIU Holders means the holders of Management Incentive Interests (as defined in the LLCA), collectively, and “MIU Holder” means each of them, individually.
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Examples of MIU Holders in a sentence

  • Without limiting the foregoing, the Company shall (i) use commercially reasonable efforts to deliver as promptly as practicable after the date hereof a written consent evidencing approval of this Agreement and the transactions contemplated hereby by all of the Unitholders entitled to vote with respect thereto and (ii) request the MIU Holders to deliver all of the items required to be delivered by such Persons as specified in Section 2.3(b).

  • Buyer desires to purchase and acquire the Seller Interests, the Management Interests and the MIU Interests (collectively, the “Purchased Interests”); Seller desires to sell, transfer and convey the Seller Interests to the Buyer; and Buyer and Seller desire to require the Management Owners and the MIU Holders to sell the Management Interests and the MIU Interests, respectively, to Buyer pursuant to Section 9.2 of the LLCA (the “Drag Sale”) in accordance with the terms and conditions hereof.