Class A Common Units definition

Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.
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Class A Common Units has the meaning set forth in Section 3.1.
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Class A Common Units means the Company's Class A Common Units.
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Examples of Class A Common Units in a sentence

  • In the event there are no Class A Common Units outstanding, the Class B Common Units shall represent 100% of the voting, consent, approval or similar rights of the Common Units, with the rights per unit determined without multiplication by 50%.

  • If a Partner exercises its Redemption Right with respect to Class C Common Units pursuant to this Section 8.6 and the Company elects to purchase directly and acquire the same, the Class C Common Units will, in the discretion of the General Partner following direction and approval of the Board of Directors, convert to Class A Common Units upon purchase and acquisition by the Company or at such time as the General Partner determines, following direction and approval of the Board of Directors.

  • In the event there are no Class B Common Units outstanding, the Class A Common Units shall represent 100% of the voting, consent, approval or similar rights of the Common Units, with the rights per unit determined without multiplication by 50%.

  • The Partnership shall issue Class A Common Units in such case, if the Series B Preferred Units are held by the Company.

  • Such rights for each of the Class A Common Units will be determined on the applicable date by dividing one such Partnership Unit by the number of Class A Common Units outstanding on the applicable date, multiplied by 50%; provided, however, that where applicable law requires otherwise, such determination shall by as required by applicable law.


More Definitions of Class A Common Units

Class A Common Units means the limited partner Class A Common Units as defined in the Partnership Agreement and any securities into which they shall have been converted or for which they shall have been exchanged including, following the creation of PublicCo (as defined in the Partnership Agreement), shares of common stock of PublicCo.
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Class A Common Units means the common limited liability company interests described in Section 3.1(a)(i) and having the rights and preferences specified herein.
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Class A Common Units means the Class A Common Units of the Company having the rights and obligations set forth in the LLC Agreement.
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Class A Common Units has the meaning given such term in the LLC Agreement.
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Class A Common Units means the Company's Class A Common Units (as such term is defined in the LLC Agreement).
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Class A Common Units means a Partnership Unit which is designated as a Class A Common Unit of the Partnership.
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Class A Common Units. “Class C Common Units,” “Class C-1 Common Units,” “Class C-2 Common Units” and “Class C-3 Common Units” each have the meaning set forth in the LLC Agreement.
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