Class A Trust Units definition

Class A Trust Units means Class A Units of the Trust as described in Item 2.1 – Structure of the Trust and General Partner and Partnership.
Class A Trust Units means the units in the Trust designated as Class A Trust Units, each Class A Trust Unit and Trust Unit representing an equal undivided beneficial interest in the Trust and having the rights and restrictions prescribed by the Trust Indenture;
Class A Trust Units means Class A Units of the Trust as described in Item 2.1 – Structure.

Examples of Class A Trust Units in a sentence

  • Class A Trust Units are participating, with one vote per unit, no par value.

  • The interest of each Special Voting Unitholder shall be determined by the number of Special Voting Units registered in the name of the Special Voting Unitholder.For the purpose of facilitating the distribution of the Class A Trust Units via different distribution channels, the Trust may accept subscriptions by Trust Unitholders for Class A Trust Units pursuant to each of the Purchase Plans.

  • The Subscriber acknowledges that the Trust will pay an annual servicing fee equal to 1.00% per annum of the net asset value of the Units to registered dealers in respect of the Class A Trust Units, payable quarterly in arrears.

  • The Class M Trust Unitholders entitled to receive the Class A Trust Units issuable upon any such re-designation shall be treated for all purposes as the record holder or holders of such Class A Trust Units.3.3 Authorized Number of Trust Units The aggregate number of Trust Units and Special Voting Units which is authorized and may be issued hereunder is unlimited.3.4 Trust Units Non-Assessable No Trust Units shall be issued other than as fully paid and non-assessable.

  • The 112,350 Class A Trust Units are held directly or indirectly by Dr. Jivraj as follows: (i) 525 Class A Trust Units are held directly by Dr. Jivraj; (ii) 110,775 Class A Trust Units are held, directly and indirectly, by Munira Jivraj, the wife of Dr. Jivraj and (iii) 1,050 are held by Dr. Jivraj’s minor children.

  • The Class A Trust Units, Class A1 Trust Units, Class B Trust Units, Class B1 Trust Units, Class U Trust Units and Class U1 Trust Units carry identical rights and are subject to the same limitations, restrictions and conditions set out in the Deed of Trust, and the interest of each Unitholder shall be determined by the number of Units registered in the name of such Unitholder.

  • The Liquidating Trust Agreement shall provide that the Bank Group Claims represented by the Class A Trust Units will be paid in full, with interest, before any Distributions are made to the holders of any other Claims or Class of Claims or Liquidating Trust Units, except for Allowed Administrative Claims, Allowed Priority Tax Claims, and Allowed Priority Claims, if any.

  • The Trust shall, as soon as practicable after such delivery of an original copy of the instrument of conversion, issue and deliver or cause to be issued and delivered to the Class M Trust Unitholders, a certificate or certificates for the number of Class A Trust Units to which the Class M Trust Unitholder shall be entitled and shall surrender for cancellation a certificate or certificates for the number of Class M Trust Units so converted.

  • For the purpose of facilitating the distribution of the Class A Trust Units via different distribution channels, the Trust may accept subscriptions by Trust Unitholders for Class A Trust Units pursuant to each of the Purchase Plans.

  • On the Effective Date, the holders of Bank Group Claims shall each be issued Class A Trust Units in accordance with the provisions of the Liquidating Trust Agreement in the amount of their Allowed Claims.


More Definitions of Class A Trust Units

Class A Trust Units means the class A trust units in the capital of the Trust in existence prior to the Reclassification.
Class A Trust Units has the meaning ascribed thereto in the Trust Indenture;
Class A Trust Units means those Trust Units designated as Class A Trust Units;

Related to Class A Trust Units

  • Class A Trust Has the meaning specified in the Intercreditor Agreement.

  • Class A Trustee means the trustee for the Class A Pass Through Trust.

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

  • Class A Trust Agreement means the Basic Agreement, as supplemented by the Trust Supplement No. 2016-2A-S thereto, governing the creation and administration of the United Airlines Pass Through Trust 2016-2A-S and the issuance of the Class A Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Class B Trustee Class C Certificate", "Class C Certificateholder", "Class C Trust", "Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Class B Trust Class B Trustee", "Class C Certificate", "Class C Certificateholder", "Class C Trust", "Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Class B Trust Agreement “Class B Trustee”, “Closing Date”, “Continental”, “Continental Bankruptcy Event”, “Controlling Party”, “Corporate Trust Office”, “Delivery Period Expiry Date”, “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal Distribution Date”, “Financing Agreement”, “Investment Earnings”, “Liquidity Facility”, “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • Class C Trustee Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Class C Trust Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • 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 Warrants means, collectively, 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 five (5) years, in the form of Exhibit A attached hereto.

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

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • 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.

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

  • Class B Pass Through Trust means the American Airlines Pass Through Trust 2013-1B created pursuant to the Basic Pass Through Trust Agreement, as supplemented by Trust Supplement No. 2013-1B, dated as of the Issuance Date, between the Company and WTC, as Class B Trustee.

  • Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.

  • Class A Pass Through Trust means the Delta Air Lines Pass Through Trust 2019-1A created pursuant to the Basic Pass Through Trust Agreement, as supplemented by Trust Supplement No. 2019-1A, dated as of the Issuance Date, between Company and U.S. Bank, as Class A Trustee.

  • Distribution Date" for a Trust shall mean the "Distribution dates" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.

  • Class A-2, Class X-1," "Class X-2," "Class B," "Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • 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).

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.

  • 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.