Examples of Class A Unit in a sentence
We estimated the value of the beneficial conversion feature based on the dollar value of the 20% discount to the offering price of $10.00 per Class A Unit.
For purposes hereof, a Class A Unit issued upon conversion of a Class B Unit shall be deemed to have been issued when the Class B Unit was issued.
For purposes of computing the Partners’ Percentage Interests, holders of LTIP Units shall be treated as Class A Unit holders and LTIP Units shall be treated as Class A Units.
If an LTIP Unitholder fails to make such an election, such holder (and any of its transferees) shall receive upon conversion of each LTIP Unit held him or her (or by any of his or her transferees) the same kind and amount of consideration that a holder of a Class A Unit would receive if such Class A Unit holder failed to make such an election.
We estimated the value of beneficial conversion feature based on the dollar value of the 20% discount to the offering price of $10.00 per Class A Unit.