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

Examples of Class A Units in a sentence

  • At the time of Full Closing (as defined below), the General Partner shall review the allocation of voting, profit and loss between Class A Units and Class B Units and make the adjustment such that the voting, profit, and loss entitlement of Class B Units is limited to no more than 10% of the entire Limited Partnership.

  • Except as otherwise specifically provided by law or by any other provision of this Agreement, the provisions of this Agreement may be amended or modified only upon the approval of the Manager and the holders of majority of the Class A Units.

  • Commencing no earlier than 120 days after the initial issuance of Class A Units, a holder of Class H Units may convert Class H Units into Class A Units in any month on the second last Business Day of each month (the “Conversion Date”) by delivering a notice to the Trustee and surrendering such Class H Units by 5:00 p.m. (Toronto time) at least 10 Business Days prior to the Conversion Date.

  • No fractions of Class A Units will be issued upon any conversion of Class H Units.

  • For each Class H Unit so converted, a holder will receive that number of Class A Units that is equal to the NAV per Class H Unit as of the close of trading on the Conversion Date divided by the NAV per Class A Unit as of the close of trading on the Conversion Date.


More Definitions of Class A Units

Class A Units means the class of transferable, redeemable units of the Fund designated as the “Class A Units”.
Class A Units has the meaning set forth in Section 3.1.
Class A Units has the meaning ascribed to such term in the LLC Agreement.
Class A Units has the meaning set forth in the Partnership Agreement.
Class A Units. The term "Class A Units" means the Class A Units of Dairy Holdings.
Class A Units shall have the meaning set forth in the preface.
Class A Units means the Class A-1 Units and the Class A-2 Units.