PURCHASE OF COMMON UNITS Sample Clauses

The 'Purchase of Common Units' clause defines the terms under which an individual or entity acquires ownership interests, known as common units, in a partnership or limited liability company. This clause typically outlines the process for purchasing these units, including eligibility requirements, pricing, payment methods, and any conditions precedent to the sale. By clearly specifying how and when common units can be bought, the clause ensures transparency in ownership transfers and helps prevent disputes regarding membership or equity stakes.
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PURCHASE OF COMMON UNITS. 2.1 Upon the terms set forth herein, on the Closing Date, (i) NEE Equity will sell, assign, transfer and deliver to NEE Partners all rights, title and interests of NEE Equity in and to the Purchased Common Units, and (ii) NEE Partners will (x) accept all such rights, title and interests in and to the Purchased Common Units from NEE Equity and (y) pay to NEE Equity an amount per Purchased Common Unit equal to the initial public offering price, net of underwriting discounts and related expenses and fees, per NEE Partners Common Unit sold by NEE Partners to the IPO Underwriters on such Initial Closing Date (the “Per Unit Purchase Price” and, in the aggregate, the “Aggregate Purchase Price”).
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PURCHASE OF COMMON UNITS. 2.1 On the Closing Date, (i) NEE Partners will make a capital contribution to NEE Operating LP of $150,000,008.92 and (ii) NEE Operating LP will issue to NEE Partners 6,395,907 Common Units.
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PURCHASE OF COMMON UNITS. Subject to the terms and conditions set forth herein, the Holder is entitled, upon surrender of this Warrant at the principal office of the Company (or at such other place as the Company shall notify the Holder in writing), to purchase from the Company Common Units issued by the Company totaling 0.5% of the fully-diluted membership interests in the Company on the date of exercise of this Warrant (the “Warrant Units”). The exercise price for the Warrant Units shall be $0.01 (the “Exercise Price”).
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PURCHASE OF COMMON UNITS. 2.1 Upon the terms set forth herein: (a) On the Closing Date, (i) NEE Equity will sell, assign, transfer and deliver to NEE Partners all rights, title and interests of NEE Equity in and to the Initial Common Units, and (ii) NEE Partners will (x) accept all such rights, title and interests in and to the Initial Common Units from NEE Equity and (y) pay to NEE Equity an amount per Initial Common Unit equal to the initial public offering price, before underwriting discount and related expenses, of a NEE Partners Common Unit sold by NEE Partners to the IPO Underwriters on such Initial Closing Date (in the aggregate, the “Initial Purchase Price”); and (b) On each Option Closing Date, (i) NEE Equity will sell, assign, transfer and deliver to NEE Partners all rights, title and interests of NEE Equity in and to the Option Common Units, and (ii) NEE Partners will (x) accept all such rights, title and interests in and to the Option Common Units from NEE Equity and (y) pay to NEE Equity an amount per Option Common Unit at the same price per unit as the Initial Common Units were sold pursuant to Section 2.1(a) (in the aggregate, the “Option Purchase Price”).
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PURCHASE OF COMMON UNITS. Subject to the terms and conditions in this Agreement, Purchaser hereby agrees to purchase from Seller, and Seller hereby agrees to sell to Purchaser an aggregate of 3,000,000 Common Units in such amounts and for the consideration set forth in Section 2(b) below.
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PURCHASE OF COMMON UNITS. Subject to the terms and conditions set forth herein, the Holder is entitled, upon surrender of this Warrant at the principal office of the Company (or at such other place as the Company shall notify the Holder in writing), to purchase from the Company Common Units issued by the Company as corresponding to the incremental amount drawn down and borrowed by the Company in totaling the applicable percentage as listed in Appendix A of the fully-diluted membership interests in the Company on the date of exercise of this Warrant (the “Warrant Units”). The exercise price for the Warrant Units shall be $0.01 (the “Exercise Price”).
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Related to PURCHASE OF COMMON UNITS

  • PURCHASE OF COMMON STOCK Subject to the terms and conditions set forth in this Agreement, the Company has the right to sell to the Investor, and the Investor has the obligation to purchase from the Company, Purchase Shares as follows:

  • Purchase of Shares of Common Stock (a) Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9, or a Merger Early Settlement has occurred in accordance with Section 5.10, obligate the Holder of the related Unit to purchase, and the Company to sell, on the Stock Purchase Date at a price equal to $50 (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate unless, on or prior to the Stock Purchase Date, there shall have occurred a Termination Event with respect to the Unit of which such Purchase Contract is a part. The "Settlement Rate" is equal to, (i) if the Applicable Market Value (as defined below) is greater than or equal to $21.08 (the "Threshold Appreciation Price"), 2.3719 shares of Common Stock per Purchase Contract, (ii) if the Applicable Market Value is less than the Threshold Appreciation Price, but is greater than $17.28, the number of shares of Common Stock per Purchase Contract equal to the Stated Amount of the related Unit divided by the Applicable Market Value, and (iii) if the Applicable Market Value is equal to or less than $17.28, 2.8935 shares of Common Stock per Purchase Contract, in each case subject to adjustment as provided in Section 5.6 (and in each case rounded upward or downward to the nearest 1/10,000th of a share). As provided in Section 5.12, no fractional shares of Common Stock will be issued upon settlement of Purchase Contracts. (b) No fractional shares of Common Stock will be issued by the Company with respect to the payment of Contract Adjustment Payments on the Stock Purchase Date. In lieu of fractional shares otherwise issuable with respect to such payment of Contract Adjustment Payments, the Holder will be entitled to receive an amount in cash as provided in Section 5.12.

  • 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

  • Sale of Common Stock Subject to the terms and conditions of this Agreement, Company hereby agrees to sell to Purchaser and Purchaser hereby agrees to purchase from Company an aggregate of 110,000 shares of Company's Common Stock (the "Shares"), at the purchase price of $2.06 per share for an aggregate purchase price of $226,600.

  • Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the shares (the “Original Certificate”), or effect such delivery in book-entry form.