Class A-1 Unit definition

Class A-1 Unit means a Class A Unit issued to Holders pursuant to the Class A-1 Unit Purchase Agreements. Class A-1 Units have those rights, preferences and obligations specified with respect to the Class A Units in this Agreement, and those additional rights, preferences and obligations expressly conferred on the Class A-1 Units in this Agreement.

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Class A-1 Unit has the meaning set forth in Section 3.4(a) and means those Units designated as Class A-1 Units on issuance by the Company and set forth on the Member Schedule.

Class A-1 Unit means any Class A Unit that is not a Class A-2 Unit.

Examples of Class A-1 Unit in a sentence

For purposes of this Agreement and determining a Class A-1 Member’s Preferred Return Per Class A-1 Unit only, such date shall be considered a record date established by the CORR Board of Directors and such declaration shall be considered a cash dividend per share of CORR for holders of CORR Series C Preferred Stock.
On all matters on which Nonvoting Class A-1 Units are entitled to vote, each Nonvoting Class A-1 Unit shall have one (1) vote per Nonvoting Class A Unit.
Class A-1 Unit issued and outstanding as of immediately prior to the Effective Time (other than any Class A-1 Units held by eCBOT or CBOT) shall be exchanged for and converted into the right to receive a cash distribution in the amount of $[_____].
Each outstanding Class A-1 Unit shall be entitled to one (1) vote on each matter submitted to a vote or for approval unless otherwise provided by law.
Each Member shall be liable only to make such Member’s Capital Contribution to Holdings LLC (as specified in the Investment Agreement, Contribution Agreement, Class A-1 Unit Purchase Agreements, in any Incentive Agreement or in any other agreement between Holdings LLC and such Member approved by the Board) and the other payments provided expressly herein.

More Definitions of Class A-1 Unit

Class A-1 Unit means a Class A-1 Unit of the Company.

Class A-1 Unit means a Partnership Unit representing a Limited Partnership Interest issued to SmartStop OP Holdings, LLC pursuant to the Contribution Agreement and having the rights, privileges, limitations, and restrictions described on Exhibit C.

Class A-1 Unit has the meaning set forth in Section 3.1(a). The Company shall have 5.45 authorized Class A-1 Units or such greater number as is determined by the Board. Any or all of the rights and preferences of the Holders of the Class A-1 Units may be waived or amended from time to time, in whole or in part, by the consent of the Holders representing a majority of the then outstanding Class A-1 Units.

Class A-1 Unit has the meaning set forth in the recitals above.

Class A-1 Unit means a unit of membership (ownership) in the Company held by a Class A-1 Member as set forth on Exhibit A.

Class A-1 Unit means a Partnership Interest in TopCo Parent designated as a Class A-1 Unit.

Class A-1 Unit shall have the meaning given to such term in Section 2.02 hereof.