Series C Units definition

Series C Units means in respect of a Fund, the Series C Units of that Fund. (bb) “Series D Units” means in respect of a Fund, the Series D Units of that Fund. (cc) “Series F Units” means in respect of a Fund, the Series F Units of that Fund. (dd) “Series H Units” means in respect of a Fund, the Series H Units of that Fund. (ee) “Series I Units” means in respect of a Fund, the Series I Units of that Fund. (ff) “Series N Units” means in respect of a Fund, the Series N Units of that Fund. (gg) “Series O Units” means in respect of a Fund, the Series O Units of that Fund. (hh) “Series Z Units” means in respect of a Fund, the Series Z Units of that Fund.
Series C Units means the preferred units, Series C, of Artis, having the attributes set forth in the certificate of preferred unit terms in respect of the Series C Units which was approved by the Trustees as of September 18, 2012;
Series C Units means the units of beneficial interest in the Trust, designated as “Series C Units”;

Examples of Series C Units in a sentence

  • The Series A Units, collectively, hold an interest in the Company equal to 100% minus the Series B and Series C Units times 0.00333%.

  • The Series C Units may be sold or distributed from time to time by the officers or directly to one or more purchasers utilizing general solicitation.

  • The Series B Units, collectively, hold total ownership interest equivalent to the following formula: (Outstanding Series B Units)(0.00333%).The Series C Units are the units of ownership interest in the Company into which the investors in this Offering may acquire.

  • There is no guarantee Mr. Jackson and Mr. Abrinica will be able to sell any of the Series C Units.

  • The Series C Units, collectively, hold total ownership interest equivalent to the following formula: (Outstanding Series C Units)(0.00333%).Voting RightsThe holders of Series A Units hold all the Voting Interest of the Company.


More Definitions of Series C Units

Series C Units means Units of the Company issued as described in Section 6.1(c).
Series C Units is defined in Section 3.2(a).
Series C Units means Series C Units representing limited partner interests in the Buyer, which have the terms set forth in Exhibit H.
Series C Units shall have the meaning given that term in the LLC Agreement.
Series C Units means the series C trust units of the Trust, of which 3,246,586 are currently outstanding;
Series C Units means in respect of a Fund, the Series C Units of that Fund.
Series C Units means units of Limited Partner Interest which have been re-designated as Series C Units at month end when the General Partner determines that the Fee Limit has been reached as of the end of any month, or it anticipates that the Fee Limit will be reached during the following month, on the Series A, B, and I Units pursuant to NASD Rule 2810 in connection with a Series A Units Re-Designated Event, Series B Units Re-Designation Event or Series I Units Re-Designation Event (as applicable). Series C Units shall be identical to other series of Units except that Series C Units shall be subject to the following fees, expenses and charges: Management Fees, Incentive Fees, Brokerage Expenses, General Partner Fee and Administrative Expenses. Upon a Series A Units Re-Designation Event the subject Series A Units shall at month end be re-designated as Series C Units based on an exchange of Units calculated upon the month end Net Asset Value of Series A Units and the month end Net Asset Value of Series C Units (including fractional units as applicable) without any further action by the holder. Upon a Series B Units Re-Designation Event the subject Series B Units shall at month end be re-designated as Series C Units based on an exchange of Units calculated upon the month end Net Asset Value of Series B Units and the month end Net Asset Value of Series C (including fractional units as applicable) without any further action by the holder. Upon a Series I Units Re-Designation Event the subject Series I Units shall at month end be re-designated as Series C Units based on an exchange of Units calculated upon the month end Net Asset Value of Series I Units and the month end Net Asset Value of Series C Units (including fractional units as applicable) without any further action by the holder.