Put Unit definition

Put Unit has the meaning set forth in Section 9.6.1.
Put Unit has the meaning assigned to such term in Section 8.8 hereof.
Put Unit means, initially, one unit of Charter LLC delivered to the initial Holder at the closing of the transactions contemplated by the Purchase Agreement and, after the closing under the Purchase Agreement, any additional or other interests, securities or other property received or receivable in respect of that which immediately prior to the relevant event comprised a Put Unit, whether as a result of a reorganization, merger, consolidation, recapitalization, reclassification, subdivision, combination, stock split, stock dividend, or other similar transaction, including without limitation shares of common stock of PublicCo received in respect of a Put Unit in accordance with the Exchange Agreement. Notwithstanding the foregoing, in the event additional units of Charter LLC are issued to the Holder (or the Holder surrenders Units to Charter LLC) following the closing under the Purchase Agreement in accordance with Exhibit I to the Purchase Agreement (LLC Unit Formula Term Sheet), such issuance (or surrender) will result in additional (or fewer) Put Units being outstanding (rather than adjusting that which is deemed to comprise a single Put Unit). By way of example, if after the Holder received 10,000 units of Charter LLC at the closing of the Purchase Agreement, Charter LLC terminated a pending acquisition and was obligated under the Purchase Agreement to issue to the Holder an additional 2,000 units, -33- 122 then the Holder would own 12,000 Put Units, each consisting of one Charter LLC unit. If each unit of Charter LLC were subsequently exchanged for 10 shares of PublicCo common stock, then the Holder would own 12,000 Put Units, each consisting of 10 shares of common stock. If the Holder then transferred 30,000 shares of PublicCo common stock to a Permitted Transferee, the Holder would then own 9,000 Put Units, each consisting of 10 shares of common stock.

Examples of Put Unit in a sentence

  • The purchase price per Put Unit shall be equal to the Fair Value of the Liquidating Floor Units on the applicable Exercise Date.

  • For each Put Unit purchased by the Partnership pursuant to Section 8.8(b), the exercise price for the Put Option (the "Put Option Exercise Price") shall be the sum of (i) $25.00 and (ii) the balance, if any, on the Unpaid Distribution Account attributable to such Put Units as of the date the Put Option Exercise Notice is given to the Partnership.

  • For all Put Unit Warrants include the following legends: (INSERT INTO PUT UNIT WARRANTS) THESE WARRANTS AND THE SECURITIES DELIVERABLE UPON THE EXERCISE THEREOF HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”).

  • A maximum of 5,625,000 IPO Unit Warrants, 1,350,000 Put Unit Warrants, and 393,750 Compensation Unit Warrants (subject to adjustment as herein provided) are hereby created and authorized to be issued in accordance with the terms and conditions hereof.

  • Each Put Unit Warrant will be evidenced in certificated form only and bear the applicable legends as set forth in Schedule “A” hereto.

  • The provisions set forth in this Section 9.05(i) shall apply for purposes of determining any of the following amounts pursuant to this Section 9.05: the Cuattro 12-Month Call Unit Price, the Cuattro 18-Month Call Unit Price, the Heska 12-Month Put Unit Price, the Heska 18-Month Put Unit Price, the Cuattro Performance Put Price, the Heska Performance Call Price, and the Cuattro Control Put Price (collectively, the “Disputable Amounts”).

  • At the closing of the purchase and sale of ------- the Put Units (the "Put Closing"), (i) Katy shall deliver to each Put Selling Holder for each Put Unit sold by such Put Selling Holder the purchase price in cash as set forth in Section 1.3(a), and (ii) each Put Selling Holder shall execute and deliver to Katy an Assignment of Preferred Units in the form attached hereto as Exhibit B with respect to the Put --------- Units to be sold by such Put Selling Holder.

  • The purchase price per Put Unit (the “Price Per Unit”) shall be equal to the Holdings LLC Unit Value per Put Unit (as adjusted for any unit splits, unit dividends or distributions, unit combinations, unit subdivisions, recapitalizations or the like with respect to such Put Units).

  • The purchase price per Put Unit (the “Price Per Unit”) shall be equal to [***] per Put Unit.


More Definitions of Put Unit

Put Unit means (i) one Second Tranche Share and (ii) one-half of the number of Series B Warrants that the Holder received for the purchase of one Second Tranche Share;
Put Unit means, initially, one unit of Charter LLC delivered to the initial Holders at the closing of the transactions contemplated by the Purchase Agreement and, after the closing under the Purchase Agreement, any additional or other interests, securities or other property received or receivable in respect of that which immediately prior to the relevant event comprised a Put Unit, whether as a result of a reorganization, merger, consolidation, recapitalization, reclassification, subdivision, combination, stock split, stock dividend, or other similar transaction, including without limitation shares of common stock of PublicCo received in respect of a Put Unit in accordance with the Exchange Agreement. Notwithstanding the foregoing, in the event additional units of Charter LLC are issued to the Holder (or the Holder surrenders Units to Charter LLC) following the closing under the Purchase Agreement in accordance with Exhibit I to the Purchase Agreement (LLC Unit Formula Term Sheet), such issuance (or surrender) will result in additional (or fewer) Put Units being outstanding (rather than adjusting that which is deemed to comprise a single Put
Put Unit has the meaning set forth in Section 1.3(b).

Related to Put Unit

  • Heat unit means a unit of energy equal to the product of the peak kilovoltage, milliamperes, and seconds, i.e., kVp x mA x second.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Management Unit means an area established by the Commission for management purposes.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • LLC Unit means a common limited liability interest in the Company.

  • Capital Share means a share of any class or series of stock of the General Partner now or hereafter authorized other than a REIT Share.

  • Common Share Price means the volume weighted average closing price of the Common Stock (as reported by the Primary Exchange on which the Common Stock is then traded) for the ten (10) trading days immediately preceding the date on which the determination is made (or, if such price is not available, as determined in good faith by the Board of Directors).

  • apartment unit means any residential dwelling unit within a building containing three or more dwelling units where access to each residential unit is obtained through a common entrance or entrances from the street level and the residential units are connected by an interior corridor;

  • Common Unit Price has the meaning specified in Section 2.1(b).

  • Partnership Unit means, with respect to any class of Partnership Interest, a fractional, undivided share of such class of Partnership Interest issued pursuant to Sections 4.1 and 4.3 (including Performance Units). The ownership of Partnership Units may be evidenced by a certificate for units substantially in the form of Exhibit D-1 or D-2 hereto or as the General Partner may determine with respect to any class of Partnership Units issued from time to time under Sections 4.1 and 4.3.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Class A Unit means a Unit representing a fractional part of the equity interest in the Company having the rights and obligations specified with respect to the Class A Units in this Agreement.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Common Share means one share of the common stock of the Company.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • New unit means a unit that commences commercial operation on or after November 15, 1990, including any such unit that serves a generator with a nameplate capacity of 25 MWe or less or that is a simple combustion turbine.

  • Per Unit Purchase Price equals $2.125, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • target unit means a facility or group of facilities to which an underlying agreement applies; “tCO2 equivalent” means tonnes of carbon dioxide equivalent;

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.