Newco Units definition

Newco Units means the Units (as defined in the LLC Agreement) of Newco.
View Source
Newco Units means the limited liability company membership units of Newco.
View Source
Newco Units means all capital stock of Newco, which shall be comprised as of the Closing of (x) all equity units of Newco owned by Solutia as of the date hereof and (y) the Newco Formation Contribution Units.
View Source

Examples of Newco Units in a sentence

  • For the avoidance of doubt, if Hulu transfers Newco Units in accordance with the terms of the Operating Agreement but does not assign to the transferee of such Units its rights under this Agreement with respect to such transferred Units, Hulu shall continue to be entitled to receive the Tax Benefit Payments arising in respect of a subsequent Exchange of such Units.

  • A Holdback Agreement shall not apply to (i) the redemption of any Newco Units and Class B Common Stock in exchange for Class A Common Stock (provided that such restrictions shall apply with respect to the Class A Common Stock issuable upon such redemption and exchange) and (ii) any shares of Class A Common Stock included in the underwritten offering giving rise to the application of this Section 5.


More Definitions of Newco Units

Newco Units has the meaning set forth in the second recital hereto.
View Source