Per Unit Amount definition
Examples of Per Unit Amount in a sentence
Per Unit Amount of HOME Funds may include, but not be limited to the following: down payment subsidy, property acquisition, construction loan interest, project delivery costs, administration costs, etc.
If, after the Effective Time, any such holder fails to perfect or shall have effectively withdrawn or lost such right, each of such holder’s Units or Series C Convertible Shares shall thereupon be treated as if it had been converted into the right to receive, and become exchangeable for, at the Effective Time, the Merger Per Unit Amount, without interest thereon, as provided in Section 2.1 hereof.
If the Exclusive License has not previously become perpetual, D-R may acquire the D-R Perpetual Manufacturing License by making a payment to E-C in cash equal to (a) the difference between the number of Total Units Credited and *, multiplied by (b) the Per Unit Amount.
If no Actual Units Commissioned occurred from which the Parties may derive an Average SVM during the Exclusive License Term or Perpetuity Window, the default value for determining the Per Unit Amount will be equal to *.
Optionholder hereby acknowledges and agrees that the Per Unit Amount and the Option Payment Amount may be subject to adjustment at Closing pursuant to Section 2.2 of the Purchase Agreement.
None of Buyer, Acquisition Sub, the Company or the Paying Agent shall be liable to any person in respect of any Merger Per Unit Amount delivered to a public official pursuant to any applicable abandoned property, escheat or similar law.
At the Effective Time, each Membership Unit issued and outstanding immediately prior to the Effective Time shall be automatically converted into the right to receive, subject to and in accordance with Section 1.10(a), an amount of cash (without interest) equal to the product of (a) the Fully Diluted Interests Number set forth on the Consideration Spreadsheet opposite such Company Holder’s name and (b) the Initial Per Unit Amount, and the holder of such Membership Unit shall no longer be a Company Member.
Any Convertible Preferred Units so surrendered by A/N shall be converted into Class B Common Units immediately prior to the redemption at the applicable Per Unit Amount.
Each holder of an UAR acknowledges and agrees that the Fair Value of a Phantom Unit shall equal the Per Unit Amount.
Each Class D Unit issued on or after the First Distribution Date but prior to the Second Distribution Date shall have a Conversion Price equal to the Fair Market Value of a Class A Unit (after giving effect to the First Distribution ) at the time of issuance of such Class D Unit minus the Second Distribution Per Unit Amount.