HR Conversion Units definition

HR Conversion Units means Common Units issued to Pre-IPO Members upon the conversion of Original HR Units held by such Pre-IPO Members in connection with the Recapitalization, in each case as set forth on Schedule 3 hereto.
View Source

Examples of HR Conversion Units in a sentence

  • Upon receipt of the Purchase Notice, (x) the Manager shall, and shall cause the Company to, take all actions and do all things as shall be reasonably required to effectuate the purchase of the Purchased Units, and (y) each holder of HR Conversion Units shall take all actions and do all things as shall be reasonably requested by the Manager to effectuate the purchase of the Purchased Units, including surrendering all certificates in respect of Common Units (if any) and Class B Common Stock.

  • The ACON Related Parties shall exercise such right by giving written notice (a “Purchase Notice”) to the Company, the Manager and each holder of HR Conversion Units.

  • SCHEDULE 3* HR CONVERSION UNITS Member HR Conversion Units Contact Information for Notice 1.