Series B Common Unit definition

Series B Common Unit means a Unit representing a fractional part of the ownership of the Company and having the rights and obligations specified with respect to Series B Common Units in this Agreement.
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Series B Common Unit means a Unit issued to a Class B -------------------- Member. The Series B Common Units of each initial Class B Member are as set forth on Exhibit B.
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Series B Common Unit has the meaning set forth in the LLC Agreement.
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Examples of Series B Common Unit in a sentence

  • Subject only to the following sentence, the price per Series B Common Unit paid by Parent or such wholly-owned Subsidiary of Parent shall be the same as that paid by Holdings for its Series B Common Units.

  • Upon execution of this Agreement, each 2006 Employee Investor shall purchase, and the Company shall sell, the number of Series B Common Units set forth on such 2006 Employee Investor’s signature page attached hereto, at a price of $2.00 per Series B Common Unit (the “Series B Common Unit Purchase Price”).

  • As promptly as practicable after the date hereof, the Company shall at, its own cost and expense, engage an independent third-party appraiser to determine the enterprise valuation of Boise Holdings and, based on such valuation, shall calculate the fair market value of a Series B Common Unit.

  • The aggregate purchase price payable by the Company for the Repurchased Units shall be the Original Purchase Price and the purchase price per Series B Common Unit payable by the Company for the Repurchased Units shall be $2.06 per Series B Common Unit.

  • Within five business days after making such determination, the Company shall deliver a copy of such appraisal to Executive and shall provide written notice (the “Determination Notice”) to the 2008 Employee Investor of its determination of the fair market value of a Series B Common Unit as of the date of such notice (the “FMV Price”), and the Threshold Equity Value applicable to a new Series C Common Unit to be issued as of such date (the “TEV Price”).

  • In the event that Executive determines to purchase Series B Common Units at the FMV Price for each such unit and otherwise in accordance with this Section 1, then on or prior to the fifth (5th) business day after receipt of the Determination Notice, Executive shall provide irrevocable written notice (the “Election Notice”) to the Company of such election and the number of Series B Common Units (not to exceed the Maximum Units) that Executive is electing to acquire at the FMV Price per Series B Common Unit.

  • Each Voting Member shall have the right to one vote per full Senior Preferred Unit, Junior Preferred Unit, Series A Common Unit or Series B Common Unit held by it.

  • The parties to this Agreement agree that the Series B Common Unit Purchase Price constitutes the fair market value of the Series B Common Units as of the date hereof and will be treated as such by the Company for tax reporting purposes.

  • Each Voting Member shall have the right to one vote per full Series 1 Senior Preferred Unit, Junior Preferred Unit, Series A Common Unit or Series B Common Unit held by it.


More Definitions of Series B Common Unit

Series B Common Unit shall have the meaning given to such term in the Prior Agreement.
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Series B Common Unit has the meaning set forth in the Operating Agreement. “Series C Common Unit ” has the meaning set forth in the Operating Agreement.
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Series B Common Unit has the meaning set forth in Section 3.4(a).
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Related to Series B Common Unit

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Class B Common Shares means shares of Class B Common Stock.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • Class A Common Units means the Company's Class A Common Units.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

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

  • Class A Common Shares means the Class A common shares of the Company, par value US$0.00001 per share, at the date of this Indenture, subject to Section 14.07.

  • Series C Preferred Units shall have the meaning provided in Section 1.

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

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Preferred Unit means a fractional share of the Partnership Interests that the General Partner has authorized pursuant to Sections 4.01, 4.03 or 4.04 hereof that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the OP Units.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.001 per share.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Class A Common Stock means the Company's Class A Common Stock, par value $.01 per share.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • 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.

  • Common Units is defined in the Partnership Agreement.

  • Class A Common means the Company's Class A Common Stock, par value $.01 per share.