BBU Unit definition
BBU Unit means a limited partnership interest in BBU representing a fractional part of all the limited partnership interests in BBU, and which limited partnership interest is designated by BBU as a “Unit” (as defined in the Amended and Restated Limited Partnership Agreement of BBU dated as of May 31, 2016), and includes any limited partnership interest or other equity interest of BBU into which such BBU Unit is converted or for which such BBU Unit is exchanged;
BBU Unit means a limited partnership interest in BBU representing a fractional part of all the limited partner interests in BBU as outstanding on the date hereof (or any other class of equity security of BBU into which the limited partnership interests in BBU may be converted after the date hereof), which is designated as a “Unit”, and shall include any limited partnership interest or other equity interest of BBU or any successor to BBU into which such BBU Unit is converted or for which such Unit is exchanged.
BBU Unit means any one of them.
Examples of BBU Unit in a sentence
Each BBU Unit, REU and BBUC Share transferred to the Corporation pursuant to Sections 3.1(c), 3.1(d) and 3.1(e) shall be deemed to be transferred in consideration for a portion of a Corporation Share and a portion of a Corporation Note as specified in the applicable Note Agreement.
More Definitions of BBU Unit
BBU Unit means a limited partnership unit of BBU.
BBU Unit means a limited partnership interest in BBU representing a fractional part of all the limited partner interests in BBU;
BBU Unit means a limited partnership interest in BBU representing a fractional part of all the limited partner interests in BBU as outstanding on the date hereof (or any other class of equity security of BBU into which the limited partnership interests in BBU may be converted after