Executive Units means collectively the Class B Units and the Class M Units. Such Units shall continue to be Executive Units in the hands of any holder other than Executive (except for the Company, the Investors and transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Executive Units shall succeed to all rights and obligations attributable to Executive as a holder of Executive Units hereunder. Executive Units shall include both vested and unvested Executive Units and shall include interests in the Company issued with respect to Executive Units by way of any recapitalization.
Executive Units means the Class B Common Units issued to Executive hereunder and units of the Company’s equity or other capital interests issued with respect to such Class B Common Units by way of a split, combination, distribution or other recapitalization.
Executive Units means collectively the Class A Units, Class L --------------- Units, the Class B Units, the Class C Units and the Membership Interest acquired by the Executive pursuant to Section 1. Such Units shall continue to be Executive Units in the hands of any holder other than Executive (except for Holdings, Bain/ACR and transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Executive Units shall succeed to all rights and obligations attributable to Executive as a holder of Executive Units hereunder. Executive Units shall include both vested and unvested Executive Units and shall include interests in Holdings or ACR Management issued with respect to Executive Units by way of any split, dividend or recapitalization.
Examples of Executive Units in a sentence
The closing of the purchase of such Executive Units pursuant to Sections 6(c) above shall take place on the date designated by the Company in the Repurchase Notice.
In connection with the purchase of Executive Units hereunder, the Company shall be entitled to receive customary representations and warranties from the sellers regarding such sale of units (including representations and warranties regarding good title to such units, free and clear of any liens or encumbrances).
When issued pursuant to this Agreement, all of the Executive Units will be duly authorized, validly issued and will have been issued by the Company in compliance with applicable federal and state securities laws.
The right of the Company to repurchase Executive Units pursuant to this Section 6 shall terminate upon the first to occur of a Sale of the Company or a Qualified Public Offering.
As of any date, the term “Vested Units” means the Executive Units that have vested as of such date pursuant to this Section 5 and the term “Unvested Units” means the Executive Units that are not Vested Units as of such date.
More Definitions of Executive Units
Executive Units means collectively the Class A Units, Class L --------------- Units, the Class B Units and the Class C Units. Such Units shall continue to be Executive Units in the hands of any holder other than Executive and the Trustee for the benefit of the XXX (except for the Company, the Investors and transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Executive Units shall succeed to all rights and obligations attributable to Executive as a holder of Executive Units hereunder. Executive Units shall include both vested and unvested Executive Units and shall include interests in the Company issued with respect to Executive Units by way of any recapitalization.
Executive Units means, at any time, (i) all Common Units and Preferred Units then held by Executive or a Family Member, and (ii) all equity securities of the Company issued or issuable directly or indirectly with respect to such Units in connection with a combination of Units, dividend, recapitalization, merger, consolidation, reorganization or otherwise. In addition, Executive Units shall continue to be Executive Units in the hands of any holder (except to the extent such holder is the Company, any Investor or a transferee in a Public Sale consummated in accordance with this Agreement or the Securityholders Agreement), and except as otherwise provided herein, each such holder of Executive Units shall succeed to all rights and obligations attributable to Executive as a holder of Executive Units hereunder.
Executive Units means, at any time, (i) all Common Units and Preferred Units then held by MCS, Executive or a Family Member, and (ii) all equity securities of CSC issued or issuable directly or indirectly with respect to such Units in connection with a combination of Units, dividend, recapitalization, merger, consolidation, reorganization or otherwise. In addition, Executive Units shall continue to be Executive Units in the hands of any holder (except to the extent such holder is CSC, any Investor or a transferee in a Public Sale consummated in accordance with this Agreement or the Securityholders Agreement), and except as otherwise provided herein, each such holder of Executive Units shall succeed to all rights and obligations attributable to Executive or MCS, as the case may be, as a holder of Executive Units hereunder.
Executive Units means collectively the Class A Common Units, Class --------------- L Common Units and Percentage Interest acquired by the Executive pursuant to Section 1. Such Units shall continue to be Executive Units in the hands of any holder other than Executive (except for the Company, the Investor and transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Executive Units shall succeed to all rights and obligations attributable to Executive as a holder of Executive Units hereunder. Executive Units shall be interests in the Company issued with respect to Executive Units by way of any split, dividend or recapitalization.
Executive Units means all Common Units and Management Units acquired by Executive hereunder and under the Contribution Agreement. “Executive Units” will continue to be Executive Units in the hands of any holder other than Executive (except for the Partnership and transferees in a Public Sale), and except as otherwise provided herein or in the Partnership Agreement, each such other holder of Executive Units will succeed to all rights and obligations attributable to Executive as a holder of Executive Units hereunder. Executive Units will also include units of the Partnership issued with respect to Executive Units by way of a unit split, dividend, exchange or other recapitalization. Notwithstanding the foregoing, all Unvested Units shall remain Unvested Units after any Transfer thereof, to the extent any Transfer is permitted hereunder.
Executive Units means any Units held by an Executive Member and shall continue to be Executive Units in the hands of any holder other than such Executive Member (except for the Company and the Foundation Members).
Executive Units means those certain limited partnership interests in NDEx Holdings defined as “Executive Units” in the NDEx Holdings Partnership Agreement.