Class C Partnership Units definition

Class C Partnership Units means Class C Units of the Partnership as described in Item 2.1 – Structure of the Trust and General Partner and Partnership.
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Class C Partnership Units means the Partnership Units having the Redemption Rights and the other rights specified in Exhibit E.
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Class C Partnership Units means Class C Units of the Partnership as described in Item 2.1 – Structure – Partnership. “Class F Partnership Units” means Class F Units of the Partnership as described in Item 2.1 – Structure – Partnership. “CRA” means the Canada Revenue Agency.
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Examples of Class C Partnership Units in a sentence

  • The Trust’s Class A Trust Units invests in the Partnership’s Class C Partnership Units and the Trust’s Class F Trust Units invests in the Partnership’s Class F Partnership Units.

  • The Exchange Agreement provides that a holder of Class C Partnership Units may require the Pizza Pizza Holdings Trust (the “Trust”) to purchase the Units in consideration of the assumption by the Trust of an amount of the indebtedness under the Pizza Pizza loan equal to $10 per Class C Partnership Unit to be transferred.

  • The rights of the General Partner and Limited Partner under Sections 8.6 and 8.7 are applicable only to Class C Partnership Units.

  • Class C units of the Partnership ("Class C Partnership Units") and class F units of the Partnership ("Class F Partnership Units") were created for the purposes of facilitating an investment in the Partnership by the Trust and are not being offered to investors pursuant to this Offering Memorandum.

  • Upon consolidation, the reduction in value of the Class C Partnership Units is included in the non-controlling interest.

  • This financial asset is measured at fair value and because the Exchange Agreement provides a predetermined price for any exchange of Class C Partnership Units, PPL has determined that this price is equal to the fair value of the financial asset resulting in a fair value of $30,000.

  • As a result of feedback received at the training program, the guidelines underwent additional drafting.

  • The adjustment amount is defined within the Transaction agreement and represents any portion of the inducement payment that was unpaid by Loral, combined with the calculated negative net asset value of Loral.As at September 30, 2022, $21.2 million (US$15.3 million) was accrued against other current financial liabilities and a reduction in the value of the Class C Partnership Units in the Partnership.

  • The exercise price of the put and the call for the Class C Partnership Units is the Class C Consideration.

  • The Partnership will then purchase the Class C Units held by the Trust for an equal number of Class C Partnership Units.


More Definitions of Class C Partnership Units

Class C Partnership Units has the meaning set forth in the Recitals to this Agreement.
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Related to Class C Partnership Units

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • 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 A LP Units means the Class A limited partnership units of the Partnership.

  • Class B Units has the meaning set forth in Section 3.04(a)(ii).

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.

  • 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 Common Units means the Company's Class A Common Units.

  • Partnership Unit means, with respect to any class of Partnership Interest, a fractional, undivided share of such class of Partnership Interest issued pursuant to Sections 4.1 and 4.3 (including Performance Units). The ownership of Partnership Units may be evidenced by a certificate for units substantially in the form of Exhibit D-1 or D-2 hereto or as the General Partner may determine with respect to any class of Partnership Units issued from time to time under Sections 4.1 and 4.3.

  • Membership Units has the meaning set forth in the Recitals.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series C Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 8 5/8% Series C Cumulative Redeemable Preferred Units, with the designations, preferences and other rights set forth in Attachment C hereto.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • Common Units is defined in the Partnership Agreement.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Class C Shares means the shares of Class C common stock of the Company.

  • Class B Interests As set forth in the Trust Agreement.

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

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.