Class A Subordinated Units definition

Class A Subordinated Units has the meaning assigned to such term in the Partnership Agreement.
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Class A Subordinated Units means a Unit representing a fractional part of the Partnership Interests of all Limited Partners and Assignees, and having rights and obligations specified with respect to the Class A Subordinated Units.
Sample 1

Examples of Class A Subordinated Units in a sentence

  • When the initial homeowner sells its unit seven to 20 years after acquisition, there are no retained proceeds calculated.

  • The Liquidator (if other than the General Partner) shall agree not to resign at any time without 15 days’ prior notice and may be removed at any time, with or without cause, by notice of removal approved by holders of at least a majority of the Outstanding Common Units, Class A Subordinated Units and Class B Subordinated Units voting as a single class.

  • Employees were told, “you have the same job, it’s just in Atlanta,” and that they should make a trip to Atlanta to evaluate schools, housing opportunities and other conditions.

  • Upon the Partnership’s issuance of Common Units, Class A Subordinated Units or Class B Subordinated Units to any Person, the Partnership shall issue, upon the request of such Person, one or more Certificates in the name of such Person evidencing the number of such Units being so issued.

  • The Escrow Agent shall invest the Withheld Amount as directed by Seller and Purchaser, such directions to be substantially in the form of Schedule A.

  • The PCRM-dominated parliament elected the party secretary Vladimir Voronin as President of the Republic, who exerted strong influence on the formation of a “communist-controlled technocratic government”, acting as a de facto chief executive in a formally parliamentary system (Roper 2008).

  • All Common Units, Class A Subordinated Units, Class B Subordinated Units and Incentive Distribution Rights and the partnership interests represented thereby which are outstanding on the date hereof, have been duly authorized and issued in accordance with the Partnership Agreement and are fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Section 17-607 and Section 17-804 of the Delaware LP Act).

  • Upon dissolution, removal or resignation of the Liquidator, a successor and substitute Liquidator (who shall have and succeed to all rights, powers and duties of the original Liquidator) shall within 30 days thereafter be approved by holders of at least a majority of the Outstanding Common Units, Class A Subordinated Units and Class B Subordinated Units voting as a single class.

  • The first term of office of President Abdelaziz Bouteflika (1999-2004) was guided by the goal of achieving internal pacification, which included the establishment of domestic security and the fight against terrorism, and social reintegration of members of armed underground groups.

  • Immediately after the Closing, QRC will own 35,134 Class A Subordinated Units representing a 0.25% limited partner interest in Issuer and 4,900,000 Class B Subordinated Units representing a 35.44% limited partner interest in Issuer.

Related to Class A Subordinated Units

  • Final Subordinated Units has the meaning assigned to such term in Section 6.1(d)(x).

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Subordinated Unit means a Limited Partner Interest having the rights and obligations specified with respect to Subordinated Units in this Agreement. The term “Subordinated Unit” does not include a Common Unit. A Subordinated Unit that is convertible into a Common Unit shall not constitute a Common Unit until such conversion occurs.

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class A Common Units means the Company's Class A Common Units.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Class B Units has the meaning set forth in Section 3.04(a)(ii).

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Class B Interests As set forth in the Trust Agreement.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Class A Unit means a Unit representing a fractional part of the equity interest in the Company having the rights and obligations specified with respect to the Class A Units in this Agreement.

  • Class B Investor Interest means, on any date of determination, an amount equal to (a) the Class B Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Transfer Dates pursuant to subsection 4.10(b), minus (d) the amount of the Reallocated Class B Principal Collections allocated pursuant to subsection 4.12(a) on all prior Transfer Dates for which the Collateral Interest Amount has not been reduced, minus (e) an amount equal to the amount by which the Class B Investor Interest has been reduced on all prior Transfer Dates pursuant to subsection 4.10(a) and plus (f) the aggregate amount of Excess Spread allocated and available on all prior Transfer Dates pursuant to subsection 4.11(d) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Investor Interest may not be reduced below zero.

  • Junior Subordinated Notes means the $__________ aggregate principal amount of the Depositor's Series __ ____% Junior Subordinated Notes due ____ __, ____, issued pursuant to the Subordinated Indenture.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • Senior Subordinated Notes means $200,000,000 in aggregate principal amount of the Borrower’s 10.75% senior subordinated notes due 2016.

  • Junior Subordinated Debentures means the aggregate principal amount of the Depositor's ____% Junior Subordinated Deferrable Interest Debentures, due ________ __, 2027, issued pursuant to the Indenture.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Series C Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 8 5/8% Series C Cumulative Redeemable Preferred Units, with the designations, preferences and other rights set forth in Attachment C hereto.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.