Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.
Class B LP Units means the Class B limited partnership units in the Partnership issued from time to time in accordance with the Partnership Agreement and having the rights, privileges, restrictions and conditions set out in the Partnership Agreement;
Class B LP Units means the Class B limited partnership units in the capital of PROREIT LP, and “Class B LP Unit” means any one of the foregoing.
Examples of Class B LP Units in a sentence
Upon the allotment and issue of the resulting Class B LP Units, XXXX agrees to exercise its Exchange Right (as such term is defined in the Exchange Agreement) under the Exchange Agreement and to receive on the Trigger Date a corresponding number of Class A Trust Units.
The Trust shall provide by notice in writing (the “CAP II Notice”) to each Vendor not more than 10 business days following the Trigger Date (a) confirmation that the Condition Precedent has been met, (b) the date on which the Trigger Date occurred and (c) the number of Class B LP Units allotted and issued to the Vendor in question conditional upon delivery by the Vendor of its CAP I LP Unit certificate, duly endorsed in blank for transfer.
More Definitions of Class B LP Units
Class B LP Units means the class B limited partnership units of BTB LP, which are exchangeable for Units on a one for one basis.
Class B LP Units means the Class B LP1 Units and the Class B LP2 Units.
Class B LP Units means, collectively, the Class B LP limited partnership units of the Limited Partnerships, including the Office I LP Class B LP Units and the Office II LP Class B LP Units.
Class B LP Units means Class B limited partnership units of Skyline LP.
Class B LP Units means class B limited partnership units of CSL.
Class B LP Units means the Class B limited partnership units of the Partnership; “Class B Units” means the Class B limited partnership units of the Operating LP;
Class B LP Units means the Class B LP Units of CAP II LP, which are exchangeable for Class A Trust Units on a one-for-one basis.