Unit Equivalents means any security or obligation that is by its terms, directly or indirectly, convertible into, exchangeable or exercisable for Units, and any option, warrant or other right to subscribe for, purchase or acquire Units.
Unit Equivalents means (a) any security or obligation that is by its terms, directly or indirectly, convertible into, exchangeable or exercisable for Units, (b) any option, warrant or other right to subscribe for, purchase or acquire Units, (c) any equity interest appreciation rights, phantom equity interests or phantom equity interest rights, contingent interest or other similar rights relating to the Company or (d) any equity or equity-linked securities of the Company or issuable with respect to the equity interests of the Company or any securities referred to in clauses (a)-(c) above in connection with a combination of equity interests, recapitalization, exchange, merger, consolidation or other reorganization.
Unit Equivalents means any Unit or other equity interest or security convertible into or exchangeable for Units or any right, warrant or option to acquire Units or such convertible or exchangeable Units, equity interests or securities.
Examples of Unit Equivalents in a sentence
At any time, and subject to the terms and conditions specified otherwise in this Agreement, if any Member (the “Selling Member”) proposes to Transfer any of its Units (or any Unit Equivalents of such Units) to any Person (a “Proposed Transferee”), each other Member (each, a “Tag-along Member”) shall be permitted to participate in such sale (a “Tag-along Sale”) on the terms and conditions set forth in this Section 6.04.
More Definitions of Unit Equivalents
Unit Equivalents means (without duplication with any Class A Units, Class B Units or other Unit Equivalents) rights, warrants, options, convertible Units, or exchangeable Units or indebtedness, or other rights, exercisable for or convertible or exchangeable into, directly or indirectly, Units or securities exercisable for or convertible or exchangeable into Units, as the case may be, whether at the time of issuance or upon the passage of time or the occurrence of some future event.
Unit Equivalents means (without duplication with any Class A Units, Management Units or other Unit Equivalents) rights, warrants, options, convertible Units, or exchangeable Units or indebtedness, or other rights, exercisable for or convertible or exchangeable into, directly or indirectly, Units or securities exercisable for or convertible or exchangeable into Units, as the case may be, whether at the time of issuance or upon the passage of time or the occurrence of some future event.
Unit Equivalents means securities (including, without limitation, warrants) exercisable, exchangeable or convertible into Units.
Unit Equivalents means, collectively, Options and Convertible Securities.
Unit Equivalents shall have the meaning set forth in Section 11(a)(iii).
Unit Equivalents. “Members”, “Sale of the Company”, “Public Offering”, “Agreement” and “Certificate” will be defined to have the corresponding meaning with respect to the Company.
Unit Equivalents has the meaning given to such term in the Amended and Restated Operating Agreement.