Redeemed Units definition

Redeemed Units has the meaning set forth in Section 11.01(a).

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Redeemed Units is defined in Section 3.6(a)(ii)(A).

Redeemed Units has the meaning set forth in Section 9.1(a) of this Agreement.

Examples of Redeemed Units in a sentence

• The right to consummate a Call in all events shall be exercisable for all of the Redeemed Units that would have otherwise been subject to a Redemption.

• Upon such Call pursuant to this Section 11.03, the Corporation shall acquire the Redeemed Units and shall be treated for all purposes of this Agreement as the owner of such Units.

• Notwithstanding any other provisions of this Agreement to the contrary, but subject to Section 11.03, in the event that the Corporation elects a Cash Settlement, the Corporation shall only be obligated to contribute to the Company an amount in respect of such Cash Settlement equal to the Redeemed Units Equivalent with respect to such Cash Settlement, which in no event shall exceed the amount actually paid by the Company to the Redeeming Member as the Cash Settlement.

More Definitions of Redeemed Units

Redeemed Units shall have the meaning set forth in Section 6.2(a).

Redeemed Units has the meaning set forth in Section 4.01(a).

Redeemed Units has the meaning set forth in Section 11.01(a). “Redemption” has the meaning set forth in Section 11.01(a). “Redemption Date” has the meaning set forth in Section 11.01(a). “Redemption Notice” has the meaning set forth in Section 11.01(a). “Redemption Notice Date” has the meaning set forth in Section 11.01(a). “Redemption Right” has the meaning set forth in Section 11.01(a). “Regulatory Allocations” has the meaning set forth in Section 5.03(f). “Reimbursable Expenses” has the meaning set forth Section 16.16(a). “Related Person” has the meaning set forth in Section 7.01(c). “Relative” means, with respect to any natural person: (a) such natural person’s spouse; (b) any lineal descendant, parent, grandparent, great grandparent or sibling or any lineal descendant of such sibling (in each case whether by blood or legal adoption); and (c) the spouse of a natural person described in clause (b) of this definition. “Reporting Partner” has the meaning set forth in Section 9.03.

Redeemed Units is defined in Section 2.1.

Redeemed Units has the meaning set forth in Section 11.01(a)(i). “Redeeming Member” has the meaning set forth in Section 11.01(a)(i). “Redemption” has the meaning set forth in Section 11.01(a)(i). “Redemption Date” has the meaning set forth in Section 11.01(a)(i).

Redeemed Units means a number of outstanding New Parent OP Units held by the Mercury Parties immediately prior to the Redemption equal to (rounded down to the nearest whole unit) (i) (A) the Redemption Consideration divided by (B) the Company Common Unit Value, times (ii) the Exchange Ratio.

Redeemed Units has the meaning set forth in the Preamble.