Class B Units definition

Class B Units means the Class B Units of the Company.

Class B Units means a Partnership Security representing a fractional part of the Partnership Interests of all Limited Partners, and having the rights and obligations specified with respect to Class B Units in this Agreement.

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

Examples of Class B Units in a sentence

• Regional hereby distributes to PECM in full redemption of the XxXxxxxx Interests the XxXxxxxx Class B Units.

• The Company shall only be authorized to issue Common Units designated as Class A Units and Class B Units.

• The Class B Units have the same rights and preferences, and are subject to the same duties and obligations as the Common Units, except as otherwise set forth in this Agreement.

• The General Partner hereby designates and creates a class of senior subordinated Units to be designated as “Class B Units”, consisting of (i) the CEI Class B Units, (ii) the Purchaser Class B Units, (iii) the CTPL Class B Units and (iv) any other Class B Units contemplated to be issued by the Basic Documents, and fixes the designations, preferences, participation, optional or other special rights, powers and duties of holders of the Class B Units as set forth in this Section 5.12.

• The CTPL Class B Units shall be issued to the CEI Holder in accordance with the CEI Subscription Agreement.

More Definitions of Class B Units

Class B Units has the meaning set forth in the recitals.

Class B Units. The term "Class B Units" shall have the meaning set forth in the preface.

Class B Units shall have the meaning set forth in the preface.

Class B Units. The term "Class B Units" means the Class B Units of Dairy Holdings.

Class B Units has the meaning ascribed to such term in the LLC Agreement.

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

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