Private Units means the Units certain of the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.
Offered Units shall have the meaning set forth in Section 11.1 hereof.
Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.
Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.
Acquired Shares has the meaning set forth in the Recitals.
Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.
Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;
Purchaser Shares means the common shares in the capital of the Purchaser.
Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).
Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.
Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.
Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.
Time-share estate means a right to occupy a condominium unit or any of several condominium units during 5 or more separated time periods over a period of at least 5 years, including renewal options, coupled with a freehold estate or an estate for years.
Purchased Securities has the meaning assigned in the Terms;
LLC Units has the meaning set forth in the LLC Agreement.
Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.
Purchaser Securities means the Purchaser Shares, Purchaser Rights, Purchaser Units, Purchaser Warrants, collectively.
Company Units has the meaning set forth in the Recitals.
Substitute Purchaser is defined in Section 21.
Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.
Offered Interests has the meaning set forth in Section 8.5(a).
Private Placement Units shall have the meaning given in the Recitals hereto.
Initial Common Units means the Common Units sold in the Initial Offering.
Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.
Other Selling Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their Other Shares in certain registrations hereunder.
Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).