Class A LP Unit definition

Class A LP Unit means a unit of interest in the LP designated as a Class A LP Unit and having the rights and attributes described in the LP Agreement with respect thereto;

Class A LP Unit means the Class A limited partnership units of the Partnership.

Class A LP Unit means a voting Class A limited partnership unit of the Partnership.

Examples of Class A LP Unit in a sentence

• Class A LP partners have 20 votes for each Class A LP Unit held, Class B LP and Class D LP partners have one vote for each Class B LP Unit or Class D LP Unit held, respectively, and Class C LP, Class E LP and Class F LP partners have no votes at meetings of the LP.

• The Trust will acquire Class A LP Units for the subscription price of one dollar ($1) per Class A LP Unit.

• The purpose of the Catch-up Payment is to ensure that distributions on the Class B LP Units are equal to Class A LP Unit distributions, on a per unit basis, which reflect, in part, payments received by the Trust on the Galaxy Notes.

• The distributions paid on each REIT Unit have been equivalent to what has been paid in respect of each Class A LP Unit and Class B LP Unit.

• On August 29, 2005, Trust purchased a further 280,162 Class A LP Units of Pollard LP (a further 1.2 percent ownership interest).The resulting 26.7 percent interest in Pollard LP entitles Trust to 26.7 percent of the cash distributions of Pollard LP provided that those distributions are at least equal to $0.0792 per Class A LP Unit, per month.

More Definitions of Class A LP Unit

Class A LP Unit means a voting Class A limited partnership unit of the Partnership. “Class A Trust Unit” means a voting Class A trust unit of the Issuer.

Class A LP Unit means a unit of interest in PRO REIT LP designated as a Class A LP Unit and having the rights and attributes described in the PRO REIT LP Agreement;

Class A LP Unit has the meaning set forth in the recitals to this Agreements.

Class A LP Unit has the meaning set out in Section 9.1.

Class A LP Unit means a Class A limited partnership unit of the Partnership; “Closing” means the closing of the Element Acquisition and related transactions;

Class A LP Unit means a limited partnership unit in the form attached as Schedule A with the rights, privileges, restrictions and conditions contained in this Agreement.

Class A LP Unit means a voting class A limited partnership unit of Skyline Clean Energy LP.