Exchangeable Unit definition

Exchangeable Unit has the meaning set forth in the Exchange Agreement.

Exchangeable Unit means each Class B Unit and any other Unit designated as an Exchangeable Unit by the Company.

Exchangeable Unit means each Class B Common Unit.

Examples of Exchangeable Unit in a sentence

• Holders of Exchangeable Units will each receive one (1) Purchaser Share in exchange for one (1) Exchangeable Unit.

• The purchase price payable by the Company for each LP Unit to be purchased by the Company under the Company Exchange Right shall be an amount per LP Unit equal to the Exchangeable Unit Price on the last Business Day prior to the day of closing of the purchase and sale of such LP Unit under the Company Exchange Right.

• In connection with each exercise of the Company Exchange Right, the Company shall provide the Fund an Officer's Certificate setting forth the calculation of the Exchangeable Unit Price for each LP Unit.

• In connection with each exercise of the Fund Exchange Right, the Company shall provide the Fund an Officer's Certificate setting forth the calculation of the Exchangeable Unit Price for each Exchangeable Unit.

• The purchase price payable by the Fund for each Exchangeable Unit to be purchased by the Fund under the Fund Exchange Right shall be an amount per Exchangeable Unit equal to the Exchangeable Unit Price on the last Business Day prior to the day of closing of the purchase and sale of such Exchangeable Unit under the Fund Exchange Right.

More Definitions of Exchangeable Unit

Exchangeable Unit means each Class C Unit and any other Unit designated as an Exchangeable Unit by the Company.

Exchangeable Unit means a Class A Common Unit or an Exchangeable Class B Common Unit. For the avoidance of doubt, the Class A Common Units held by the Corporation are not Exchangeable Units.

Exchangeable Unit means a Common Unit held by any member of the Titanium Family Group or any Family Transferee.

Exchangeable Unit means (a) any OCGH Unit issued and outstanding on the Merger Closing Date immediately after giving effect to the Transactions and (b) any Permitted Post-Closing OCGH Units.

Exchangeable Unit means each OP Class A Common Unit, other than an OP Class A Common Unit held by the Corporation or its subsidiaries.

Exchangeable Unit means each Class B Unit and any other Unit designated as an Exchangeable Unit by the Company. “Exchangeable Unit Member” means (i) each Member, other than the Manager and any of its wholly owned Subsidiaries, that

Exchangeable Unit means a Class B Unit held by a Holder