Restricted Common Units definition

Restricted Common Units has the meaning set forth in the Recitals.

Restricted Common Units has the meaning set forth in Section 4.6.2.

Restricted Common Units has the meaning set forth in the LLC Agreement.

Examples of Restricted Common Units in a sentence

• As set forth in the definition of “Outstanding,” Restricted Common Units shall not be considered to be Outstanding Common Units for purposes of this Section 6.1 and references herein to Unitholders holding Common Units shall be to such Unitholders solely with respect to their Common Units other than Restricted Common Units.

• PubCo hereby agrees to reserve for issuance at all times an adequate number of shares of Class V Common Stock to permit the issuance of all Class V Common Stock assuming all of the Continuing Members’ Restricted Common Units vest under this LLC Agreement.

• For the avoidance of doubt, in the event of a subdivision or combination referred to in Section 4.1(i)(i) or Section 4(i)(ii), the number of shares of Class V Common Stock to which a Continuing Member shall be entitled upon vesting of its Restricted Common Units shall equal the number of Restricted Common Units held by the Continuing Members as a result of such subdivision or combination that have converted into Common Units.

• The terms of such Restricted Common Units shall comply in all respects with the elective safe harbor provided in proposed Regulations Section 1.83-3(l) and the proposed revenue procedure issued as part of IRS Notice 2005-43, as each of the same may be revised and finalized; provided, however, that such Restricted Common Units are issued after the adoption of such Regulation and revenue procedure as final.

• On the date set forth in the Award Agreement, all unearned Restricted Common Units will be forfeited to the Company.

More Definitions of Restricted Common Units

Restricted Common Units means Common Units distributed to a Holder in accordance with the Master Transaction Agreement, and so designated under that Master Transaction Agreement or Restricted Common Units awarded by the Administrator under Section 6 of the Plan.

Restricted Common Units means the units of ProKidney designated as “Restricted Common Units” pursuant to the Second Amended and Restated ProKidney Limited Partnership Agreement;

Restricted Common Units means the Series 1 RCUs and Series 2 RCUs.

Restricted Common Units means Common Units awarded by the Administrator under Section 6 of the Plan.

Restricted Common Units means the Series 2 RCUs.

Restricted Common Units means the Common Units issued to certain Members and described as “Restricted Common Units” on Schedule A.

Restricted Common Units means Common Units that are unvested as of the time of determination.