Class C Common Units means a Common Unit which is designated as a “Class C Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.
Class C Common Units means the Company's Class C Common Units (as such term is defined in the LLC Agreement).
Class C Common Units has the meaning given such term in the LLC Agreement.
Examples of Class C Common Units in a sentence
As of [●], 2024 each Series A Member owns the number of Series A Units and Class C Common Units as appears next to his, her or its name on Schedule I hereto.
An election may be made prior to the Effective Date by or on behalf of a DIP Lender or a 1L Convertible Noteholder to receive Series A-1 Units and Class C-1 Common Units in lieu of Series A Units and Class C Common Units, which Series A-1 Units and Class C-1 Common Units will provide the same economic benefit to such Holder as such Holder’s Pro Rata share of Series A Units and Class C Common Units distributable under this Plan.
As of [●], 2024, each Series B Member owns the number of Series B Units and Class C Common Units as appears next to his, her or its name on Schedule I.
More Definitions of Class C Common Units
Class C Common Units means any Unit denominated "Class C Common."
Class C Common Units means Units designated as “Class C Common” Units pursuant to this Agreement.
Class C Common Units means the units of limited partnership interest issued on August 7, 2003, in connection with the consummation of the transactions set forth in the Contribution and Conveyance Agreement, dated August 7, 2003, between the Partnership and 1055 Stamford Associates Limited Partnership.
Class C Common Units and "Class D Common Units". Except as expressly provided in this Agreement to the contrary, (a) any reference to "Units" shall include the Class A Units, Class B Units, Class C Units and Class D Units and any other Classes of Units that may be established pursuant to Section 3.6 and (b) any reference to "Members" shall include the Class A Members, Class B Members, Class C Members and Class D Members and any other Member holding any other Class of Units. At the Closing, Class A Units will be issued to one or more OP Unitholders to the extent any such OP Unitholder elects to receive Class A Units (in lieu of Class B Units or Common Cash Consideration), as further provided in Section 3.3. At the Closing, Class B Units will be issued to (i) the Westxxxxx Xxxbers, Alter Member and Biederman Member in exchange for their Initial Capital Contributions made pursuant to Section 6.1(a) as set forth in Article II of the Contribution Agreement, as further provided in Section 3.4(a) and (ii) one or more OP Unitholders to the extent any such OP Unitholder elects to receive Class B Units (in lieu of Class A Units or Common Cash Consideration), as further provided in Section 3.4(b). Class B Units will also be issued to the Funding Members as provided in Section 3.4(c) to the extent such Funding Members make any Additional Capital Contributions to the Company as provided in Section 6.1(b). At the Closing, Class C Units and Class D Units, which represent limited rights as provided in Section 3.5(a), will be issued to the Initial Members as further provided in Section 3.5(b), subject to the transfer of such Units pursuant to Section 3.5(b) or the assignment of such Units pursuant to Section 6.4(g).
Class C Common Units has the meaning assigned to that term in the Limited Liability Company Agreement.
Class C Common Units has the meaning ascribed to it in the Elk Hills Power Agreements.