Class A Unit definition

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 A Unit means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class A Unit as provided in this Agreement.

Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

Examples of Class A Unit in a sentence

• The Manager may be removed with or without cause only by a unanimous vote by, or unanimous written consent signed by, the Class A Unit holders.

• Each Class A Unit shall entitle the holder thereof to one (1) vote on all matters which are required to be approved by the holders of Class A Units voting together as a single class (see Article 8).

More Definitions of Class A Unit

Class A Unit means a Class A Unit of the Company.

Class A Unit means Class A Units of the Partnership.

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

Class A Unit means, collectively, the class of units of the Partnership designated as the “Class A Units”. “Class F Unit” means, collectively, the class of units of the Partnership designated as the “Class F Units”. “Class P Unit” means the class of units of the Partnership designated as the “Class P Units”.

Class A Unit means a unit of Class A Membership Interest representing a voting interest in the Company.

Class A Unit means a Partnership Security representing a fractional part of the Partnership Interests of all Limited Partners and Assignees (but does not include Common Units), and having the rights and obligations specified with respect to Class A Units in this Agreement, which shall be identical to the rights and obligations of the Common Units except the Class A Units (i) will not have the right to vote on, approve or disapprove, or otherwise consent or not consent with respect to any matter (including mergers, share exchanges and similar statutory authorizations) except as otherwise required by any non-waivable provision of law, and (ii) will not share in any IPCH/Inergy Partners Items or any IPCH/Inergy Partners Available Cash.

Class A Unit is defined in ‎Section 2.1(b)(i).