Underlying Unit definition

Underlying Unit means, as applicable, (a) prior to, and except in connection with, following such time as Vantiv is no longer a public company owning the Company the first registered, public offering of Units of the Company for cash pursuant to an effective registration statement under the Securities Act, registered on Form S-1 (or any successor form) in which such Units are sold to one or more underwriters on a firm-commitment basis for reoffering to the public and in which the Class B Units (or their equivalent) are offered or the Class B Units are exchangeable for such Units being offered, a Class C Non-Voting Unit, or (b) upon and after the consummation of such an initial public offering in which the Class B Units (or their equivalent) are offered or the Class B Units are exchangeable for such Units being offered, (i) a Class C Non-Voting Unit or (ii) the common stock or other equity securities for which a Class C Non-Voting Unit has been converted or exchanged of a successor corporation or entity into which the Company is merged.

Underlying Unit means a unit consisting of one Common Share and one-half of one Warrant.

Underlying Unit means, as applicable, (a) prior to, and except in connection with, an IPO in which the Class B Units (or their equivalent as provided in the following clauses (i)-(v)) are offered, a Class C Non-Voting Unit, or (b) upon and after the consummation of an IPO or in connection with an IPO, in each case, in which the Class B Units (or their equivalent as provided in the following clauses (i)-(v)) are offered, (i) a Class B Unit, (ii) the common stock or other equity securities for which a Class B Unit has been converted or exchanged of a successor corporation or other entity into which the Company is converted or merged, (iii) the common stock or other equity securities of a corporation or other entity otherwise formed by the Company or the Members for the purpose of offering securities to the public that are issued or issuable for a Class B Unit, or the rights to receive, or the securities that are convertible into, or exchangeable or exercisable for, common stock or other equity securities of a corporation or other entity otherwise formed by the Company or the Members for the purpose of offering securities to the public that are issued or issuable for a Class B Unit, (iv) the common stock or other equity securities of a Person that has control of the Company, a Subsidiary or other entity to which assets of the Company and/or the Subsidiaries have been transferred, in each case, whose securities the Company has determined to offer to the public and that are issued or issuable for a Class B Unit, or (v) the Units for which a Class B Unit is exchangeable.

Examples of Underlying Unit in a sentence

• The consultation notes provided on the back of the consultation letter will be amended to highlight the need to contact either the parish council or ward councillor where a resident has major concerns regarding a submitted application and that this needs to be raised early in the 21 day period.

• In addition, in connection with the offering of any Certificates, the Issuer, the Guarantor and any of their respective subsidiaries and affiliates may enter into one or more hedging transactions with respect to the Underlying Unit.

• In addition, the Issuer, the Guarantor and any of their subsidiaries and affiliates, in connection with their other business activities, may possess or acquire material information about the Underlying Unit.

• Such activities and information may involve or otherwise affect issuers of the Underlying Unit in a manner that may cause consequences adverse to the Certificate Holders or otherwise create conflicts of interests in connection with the issue of Certificates by the Issuer.

• The Investor is the sole holder of the outstanding Series C Shares of the U.S. REIT and the sole holder the 19,608,755 Warrants to acquire up to 19,608,755 Underlying Units at an exercise price of US$3.20 per Underlying Unit by way of cashless exercise at any time prior to January 28, 2026.

More Definitions of Underlying Unit

Underlying Unit means a unit of the Company composed of one (1) Underlying Share and one half of one (1/2) Warrant, issuable by the Company upon conversion of the Subscription Receipts;

Underlying Unit has the meaning ascribed thereto in the first and fifth paragraphs of this Agreement;

Underlying Unit has the meaning ascribed to such term on the face page of this Agreement;

Underlying Unit or “Underlying Units” has the meaning set out in the recitals.

Underlying Unit means, as applicable, (a) a Class C Unit, (b) upon and after an initial public offering in which the Class B Units are converted into (i) common stock or other equity securities of a successor corporation or other entity into which the Company is converted or (ii) rights to receive, or securities that are convertible into or exchangeable or exercisable for, common stock or other equity securities of a corporation or other entity otherwise formed for the purpose of offering securities to the public, such number of shares of such common stock or other equity securities or such rights or securities into which one Class B Unit would be convertible, or (c) upon and after an initial public offering in which the Class B Units are offered, a Class B Unit.

Underlying Unit means one Post-Consolidation Aurcana Share and one post-Consolidation Aurcana Warrant.

Underlying Unit has the meaning ascribed in the second paragraph of this Agreement;