IBG LLC Shares definition

IBG LLC Shares has the meaning assigned to the term “Shares” in the IBG LLC Operating Agreement.
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Examples of IBG LLC Shares in a sentence

  • Upon consummation of such Public Offering, IBGI shall purchase from IBG Holdings and IBG Holdings shall sell to IBGI that number of IBG LLC Shares equal to the aggregate number of IBG Holdings Shares specified in such Redemption Requests at a purchase price per share equal to the offering price per share of Common Stock in such Public Offering minus any applicable underwriting discounts or placement agency fees (the “ Public Offering Redemption Price”).

  • On the IPO Effective Date, after giving effect to the Contribution, IBG Holdings shall sell 40,000,000 IBG LLC Shares to IBGI (the “Initial Purchase”) for an aggregate consideration consisting of: (a) the sum of $1,177,892,000, such amount to be paid out of the net proceeds of the IPO, and (b) an amount equal to the tax benefits to be realized by IBGI over time, in accordance with the Tax Receivable Agreement, in connection with the Initial Purchase.

  • IBG LLC agrees to effect transfers of its IBG LLC Shares and to take such actions as are otherwise necessary to facilitate the transactions contemplated by this Agreement.

  • This authorization is voluntarily made on the specific understanding that the signing of this authorization and the making of payments to the SEIU Local 721 COPE are not conditions of membership in the Union or of employment with Employer, and that the SEIU Local 721 COPE will use the money it receives to make political contributions and expenditures in connection with its political program.

Related to IBG LLC Shares

  • Membership Interests has the meaning set forth in the recitals.

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • Company Shares has the meaning set forth in the Recitals.

  • Company Units has the meaning set forth in the Recitals.

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Purchased Interests has the meaning set forth in the Recitals.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Newco Shares means the common shares in the capital of Newco;

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Amalco Shares means common shares in the capital of Amalco;

  • LLC Interests shall have the meaning given to such term in Section 5.1.3.

  • Class A Shareholder means a holder of Class A Shares;

  • Original Shares means ordinary shares with a par value of US$0.0001 each in the capital of the Company;

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Transferred Interests has the meaning set forth in the Recitals.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Common Shareholders means the holders of the Common Shares.

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Class A Shares means the Class A ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class A Shares, and having the rights provided for in these Articles.