Purchase of Class A Units Sample Clauses

Purchase of Class A Units. Buyer shall have concurrently closed the purchase by Buyer of all of the Class A Units held by MetLife upon terms and conditions reasonably satisfactory to Buyer.
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Purchase of Class A Units. (a) Subject to the terms and conditions set forth in this Agreement, M&N Holdings shall sell to the Company, and the Company shall purchase from M&N Holdings, the Holdings Class A Units for an aggregate cash purchase price equal to $105,662,806 (the “Purchase Price”). The price per Class A Unit shall be equal to the price per share of the Company’s Class A common stock in the Initial Public Offering. (b) The closing of such purchase and sale (the “Closing”) shall take place one business day following the date of this Agreement. At the Closing, (i) M&N Holdings shall deliver to the Company all instruments necessary to effect the sale and transfer of the Holdings Class A Units and (ii) the Company shall deliver the Purchase Price to M&N Holdings by wire transfer of immediately available funds to an account designed by M&N Holdings in writing.
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Purchase of Class A Units. (a) Subject to the terms and conditions set forth in this Agreement, ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group shall issue to the Company, and the Company shall purchase from ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group, Class A units of ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group (the “Class A Units”) for an aggregate cash purchase price equal to $ (the “Purchase Price”). The price per Class A Unit shall be equal to the price per share of the Company’s Class A common stock in the Initial Public Offering. (b) The closing of such issuance and purchase shall take place on the date hereof and shall be effected by (i) ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group delivering to the Company all instruments necessary to effect the issuance and transfer of the Class A Units and (ii) the Company delivering the Purchase Price to ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group by wire transfer of immediately available funds to an account designed by ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group in writing.
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Purchase of Class A Units. For the consideration specified below in Section 2.2, on and subject to the terms and conditions of this Agreement, ▇▇▇ agrees to purchase from CFC, and CFC agrees to sell to ▇▇▇ free and clear of any Liens, 48,949 Class A Units (the “Purchased Units”), such Purchased Units constituting a 48.9% voting membership interest in ▇▇▇▇▇ on a fully diluted basis after the issuance of the Issued Units (as defined below).
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Purchase of Class A Units. Subject to the terms and conditions of this Agreement, at the Closing, each Contributor agrees severally and not jointly to purchase from the Company, and the Company agrees to sell and issue to each such Contributor, the number of Class A Units set forth opposite such Contributor’s name on Schedule 1.0 for a consideration of $1.00 per Class A Unit.
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Purchase of Class A Units. Subject to the terms and conditions set forth in this Agreement, the Seller hereby issues, sells and delivers to the Buyer, and the Buyer hereby purchases and acquires from the Seller, 425,532 Class A Units (the “Purchased Class A Units” and together with the Purchased OP Units, the “Purchased Units”) to purchase, in the aggregate, up to 425,532 additional OP Units (the “Additional OP Units”). Each Purchased Class A Unit shall give the holder the right to purchase one (1) Additional OP Unit at an exercise price equal to $11.75 per Additional OP Unit (subject to adjustment as provided by the terms of such Class A Units and the Class A Unit Agreement).
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Purchase of Class A Units. MTLM represents to BBV that attached hereto as SCHEDULE 5.8 is a list of the only agreements relating to the purchase by MTLM of the equity interests in the General Partner (the "Class A Purchase Agreements") and the only employment arrangements to be entered into between the Company and each of the Shareholders or any Affiliate of the Shareholders (the "Employment Agreements"). MTLM has delivered accurate copies of the Class A Purchase Agreements and Employment Agreements to BBV. MTLM agrees that, without the prior written consent of BBV, it will not agree, whether prior to or following the Closing, to any amendment to the terms of the Class A Purchase Agreements which would have the effect of increasing in any material respect the amounts payable thereunder. Anything in this SECTION 5.8 to the contrary notwithstanding, neither the Company, the General Partner, nor MTLM shall be precluded from (i) changing any of the terms of any of the Employment Agreements subsequent to Closing or (ii) negotiating to acquire and /or acquiring any other businesses or interests therein currently or hereafter owned by the Shareholders.
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Purchase of Class A Units. (a) Subject to the terms and conditions set forth in this Agreement, ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group shall issue to the Company, and the Company shall purchase from ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group, 2,413,516 Class A units of ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group (the “Class A Units”) for an aggregate cash purchase price equal to $28,962,194 (the “Purchase Price”). The price per Class A Unit shall be equal to the price per share of the Company’s Class A common stock in the Initial Public Offering. (b) The closing of such issuance and purchase shall take place on the date hereof and shall be effected by (i) ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group delivering to the Company all instruments necessary to effect the issuance and transfer of the Class A Units and (ii) the Company delivering the Purchase Price to ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group by wire transfer of immediately available funds to an account designed by ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group in writing.
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Related to Purchase of Class A Units

  • Class A Units If a Warrantholder exercises Warrants in connection with a tender offer for settlement prior to the First Regular Call Date, each Class A Unit called in connection with such exercise shall receive, in addition to principal and accrued interest, $1.50 per Class A Unit from the proceeds of the Warrant exercise. Class B Payments: If a Warrantholder exercises Warrants, then the Class B Units designated to be called in connection with such exercise shall receive the corresponding portion of the Class B Present Value Amount, adjusted for accrued Class B Payments on the Class B Units otherwise paid. If the Underlying Security Issuer redeems Underlying Securities and the previous paragraph does not apply, then the Class B Units designated for a redemption in connection with such redemption of Underlying Securities shall receive the amount with respect to the Class B Present Value Amount allocated for distribution in accordance with the applicable provisions of the Distribution Priorities below, paid as of the date of such redemption as an additional distribution.

  • Class B Units Class B Unitholders shall not be entitled to vote in any matters relating to the Company, unless otherwise reserved to the Members by the Act. In addition to the other rights and obligations of Class B Unitholders hereunder, Class B Units shall entitle the holder of such Class B Units to (i) Tax Distributions pursuant to Section 4.01(b), and (ii) a preferred return equal to the Class B Preferred Return Amount. The Class B Preferred Return Amount shall not be required to be paid annually but shall accrue and become payable at the earlier of (x) the fifth (5th) anniversary of the Effective Time, or (y) a liquidation of, or a taxable sale of substantially all of the assets of, the Company. Upon the occurrence of an event referenced in clause (y) above, each Class B Unitholder shall also be paid such Class B Unitholder’s Class B Preferred Return Base Amount, in addition to all of the outstanding, accrued and unpaid Class B Preferred Return Amount. On the seventh (7th) anniversary of the Effective Time, each Class B Unitholder may, at its option and in accordance with the notice and other procedural provisions set forth in Section 11.01(a) (the “7 Year Put Option”), sell all (but not less than all) of its Class B Units to the Company for an amount equal to such Class B Unitholder’s Class B Preferred Return Base Amount plus any outstanding and accrued Class B Preferred Return Amount of such Class B Unitholder (the “Class B Option Consideration”) and, upon the exercise of the 7 Year Put Option by any Class B Unitholder, the Company shall purchase all of such holder’s Class B Units for the Class B Option Consideration. Notwithstanding anything herein to the contrary, no Class B Preferred Return Amount shall be due and payable with respect to such Class B Units pursuant this Section 3.02(b) at such time or times specified in this Section 3.02(b) unless such Class B Units remain issued and outstanding at such time or times and no Redemption or Direct Exchange of such Class B Units described in Article XI hereof has occurred.

  • Purchase of Units On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, severally and not jointly, an aggregate of 20,000,000 units of the Company (the “Firm Units”) at a purchase price (net of discounts and commissions) of $9.80

  • Reservation of Class A Ordinary Shares The Company shall at all times reserve and keep available a number of its authorized but unissued Class A ordinary shares that shall be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement.

  • Membership Units The Company is initially organized with One (1) class of Membership Interests, designated in Units, which Units are initially the only class of equity in the Company. The Units shall have no par value and shall be of a single class with identical rights. The Company shall have a first lien on the Units of any Member for any debt or liability owed by such Member to the Company. Additional and different classes of Membership Interests represented by different Units may be created and issued to new or existing Members on such terms and conditions as the Governors may determine. Such additional and different classes may have different rights, powers and preferences (including, without limitation, voting rights and distribution preferences), which may be superior to those of existing Members. Members shall have no preemptive rights to acquire additional or newly created Units.