Class A Units definition

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.
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Class A Units has the meaning set forth in Section 3.1.
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Class A Units has the meaning set forth in the LLC Agreement.
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Examples of Class A Units in a sentence

  • For U.S. federal income tax purposes, the receipt of Class A Common Stock or Class B Common Stock in exchange for Class A Units or Class B Units, respectively, in the Company Merger is intended to be treated as a taxable disposition of partnership interests, and the receipt of Common Units in exchange for Class A Units in the Company Merger is intended to be treated as a partnership recapitalization in accordance with Rev.

  • From and after the Effective Time, the Membership Interests represented by Class A Units and Class B Units shall have the respective rights, powers, and preferences (including with respect to allocations and distributions), and the respective duties, obligations and restrictions, as are set forth in this Agreement.

  • Any action requiring the Class A Members to act as a class will require the approval of holders of a majority of the outstanding Class A Units, and, if at any time there is more than one Class B Member, then any action requiring the Class B Members to act as a class will require Class B Member Approval.

  • Pre-BCA Merger Profit/Loss shall be allocated among the Members pro rata in accordance with their Class A Units.

  • As of the Effective Time and pursuant to this Agreement, the Membership Interests in the Company consist of Class A Units (the “Class A Units”) and Class B Units (the “Class B Units”).


More Definitions of Class A Units

Class A Units means the Class A Units of the Company.
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Class A Units means the Units having the privileges, preferences, and rights specified with respect to “Class A Units” in this Agreement, including those described in Section 7.1(c)(2).
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Class A Units means the class of transferable, redeemable units of the Fund designated as the “Class A Units”.
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Class A Units means each Class A unit consisting of (a) one Share, and (b) one Series A Warrant to purchase one (1) Series A Warrant Share(s).
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Class A Units has the meaning set forth in the Partnership Agreement.
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Class A Units. The term "Class A Units" means the Class A Units of Dairy Holdings.
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Class A Units means Investors' Class A Units.
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