Special Voting Unit definition

Special Voting Unit means a special voting unit of the REIT;

Special Voting Unit means a Partnership Interest having the rights and obligations specified with respect to Special Voting Units in this Agreement. For the avoidance of doubt, holders of Special Voting Units, in their capacity as such, shall not have any rights to ownership or profits or losses or any rights to receive distributions from operations or upon the liquidation or winding-up of the Partnership.

Special Voting Unit means a special voting unit of the Fund to be issued to the holders of securities exchangeable into Units, and which shall entitle the holder to vote at any meeting of Voting Unitholders.

Examples of Special Voting Unit in a sentence

• Subject to Section 13.13, each holder of Common Units, and each holder of Special Voting Units, shall be entitled to cast, in person or by proxy, one vote for each Common Unit or Special Voting Unit, as applicable, on all matters upon which Limited Partners have the right to vote as set forth in this Agreement and provided under the Delaware Act.

• Each Special Voting Unit entitles the holder of record thereof to a number of votes at all meeting of the Unitholders equal to the number of Trust Units that may be obtained upon exchange of the exchangeable security, including an Exchangeable Unit, to which the Special Voting Unit is attached.

• Each Trust Unit and Special Voting Unit shall vest indefeasibly in the holder thereof and the interest of each Unitholder shall be determined by the number of Trust Units and Special Voting Units registered in the name of the Unitholder.

More Definitions of Special Voting Unit

Special Voting Unit means a special voting unit of the Trust;

Special Voting Unit means a unit of Centurion Apartment REIT issued only in connection with the Rollover Agreement. “Standard Apartment Building” means an apartment building not primarily targeted towards students.

Special Voting Unit means a unit representing an interest in the REIT (other than Units) authorized and issued under the Declaration of Trust to a holder of Exchangeable Securities which have no economic interest but which provide the Exchangeable Securities holder with the same voting rights in the REIT as a Unit;

Special Voting Unit means a unit of interest in Boardwalk REIT to be issued to the holders of LP Class B Units providing rights to vote as a Unitholder;

Special Voting Unit means a special voting unit of the REIT attached to a Class B LP Unit;

Special Voting Unit means a special voting unit in the capital of the REIT, as described under “Description of the Trust and Description of the Securities - Units, Special Voting Units and Other Securities - Special Voting Units”.

Special Voting Unit means a special voting unit in the capital of the REIT.