Common use of Aggregation of Units Clause in Contracts

Aggregation of Units. All Company Group Equity Securities beneficially owned by (a) the SCP Investor and its Permitted Transferees shall be aggregated together and (b) the Sponsor Fund, any Co-Invest HoldCo and their Affiliates shall be aggregated together, in each case for purposes of determining the rights or obligations of the SCP Investor or the Sponsor Fund, respectively, or the application of any restrictions to the SCP Investor or the Sponsor Fund, respectively, under this Agreement in each instance in which such right, obligation or restriction is determined in respect of or with reference to any Percentage Interest or ownership of Company Group Equity Securities, including in connection with any right pursuant to Article IV. All rights held by the SCP Investor, its Affiliates or their respective Permitted Transferees under this Agreement shall be exercised solely by the SCP Investor.

Appears in 2 contracts

Sources: Investor Rights Agreement (Rackspace Technology, Inc.), Investor Rights Agreement (Rackspace Technology, Inc.)