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.

Class A Units has the meaning set forth in the LLC Agreement.

Examples of Class A Units in a sentence

For the avoidance of doubt, the Tax Distribution made pursuant to the previous sentence shall be made on a pro rata basis among all Members holding Class A Units.
With respect to any Class B Units held by a Transferring Unitholder, to the extent that such Units are Vested Units and are to be sold in a Drag Along Sale, such Transferring Unitholder may be required by the Dragging Party to complete a Class B Unit Exchange (which Class B Unit Exchange may be conditioned upon the closing of the Drag Along Sale) and Transfer Class A Units (rather than such Class B Units) in such Drag Along Sale.
Tax Distributions shall be made on a pro rata basis among all Members holding Class A Units determined based on the largest Tax Distribution on a per Unit basis.

More Definitions of Class A Units

Class A Units means the Class A Units of the Company.

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).

Class A Units means the class of transferable, redeemable units of the Fund designated as the “Class A Units”.

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).

Class A Units has the meaning set forth in the Partnership Agreement.

Class A Units means the Class A Units of Dairy Holdings.

Class A Units. The term "Class A Units" means Investors' Class A Units.