Class B LP Unit definition

Class B LP Unit means a unit of interest in the LP designated as a Class B LP Unit and having the rights and attributes described in the LP Agreement with respect thereto, including the right of a holder thereof to exchange such unit for a Trust Unit;

Class B LP Unit means the Class B limited partnership units of the Partnership.

Class B LP Unit or “Exchangeable Unit” means a Class B limited partnership unit of NWI Healthcare Properties LP (“NWI LP”), exchangeable for Trust Units;

Examples of Class B LP Unit in a sentence

• A Special Voting Unit will be issued in tandem with each Class B LP Unit issued.

• Each Class B LP Unit and Class D LP Unit is entitled to one special voting unit, which will entitle the holder to receive notice of, attend and vote at all meetings of the Trust.

• Each Class B LP Unit is accompanied by a Special Voting Unit, which entitles the holder to receive notice of, attend and vote at all meetings of Unitholders.

• Class A LP partners have 20 votes for each Class A LP Unit held, Class B LP and Class D LP partners have one vote for each Class B LP Unit or Class D LP Unit held, respectively, and Class C LP, Class E LP and Class F LP partners have no votes at meetings of the LP.

• Each Class B LP Unit is exchangeable for one Unit and has attached one Special Voting Unit of the REIT.

More Definitions of Class B LP Unit

Class B LP Unit means a unit of interest in Brookfield Office Properties Canada LP designated as a Class B LP Unit and having the rights and attributes described in the limited partnership agreement of Brookfield Office Properties Canada LP with respect thereto, including the right of a holder thereof to exchange such unit for a Trust Unit;

Class B LP Unit means a voting Class B limited partnership unit of the Partnership. “Class B Trust Unit” means a voting Class B trust unit of the Trust.

Class B LP Unit means a unit of interest in PRO REIT LP designated as a Class B LP Unit and having the rights and attributes described in the PRO REIT LP Agreement;

Class B LP Unit means a class B limited partnership unit of the Limited Partnership;

Class B LP Unit means the Class B limited partnership units of the Partnership. “Class B LP Unit Issue Price” means $8.82 per Class B LP Unit.

Class B LP Unit has the meaning set forth in the recitals to this Agreements.

Class B LP Unit means a unit of interest in the Limited Partnership designated as a Class B LP Unit and having the rights and attributes described in the Limited Partnership Agreement with respect thereto;