Class E Unit definition

Class E Unit means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class E Unit as provided in this Agreement.
Class E Unit means a Partnership Security representing a fractional part of the Partnership Interests of all Limited Partners and Assignees, and having the rights and obligations specified with respect to Class E Units in this Agreement.
Class E Unit means a Unit representing a fractional part of the Partnership Interests of all Limited Partners and Assignees and having the rights and obligations specified with respect to a “Class E Unit” in this Agreement. A Class E Unit that is convertible into a Class A Common Unit shall not constitute a Class A Common Unit until such conversion occurs.

Examples of Class E Unit in a sentence

  • If the Special Limited Partner elects to receive such distributions in Class N Units, Class I Units or Class E Units, the Special Limited Partner will receive the number of Class N Units, Class I Units or Class E Units that results from dividing the Performance Allocation or Class N Performance Allocation, as applicable, by the Net Asset Value per Class N Unit, Class I Unit or Class E Unit at the time of such distribution.


More Definitions of Class E Unit

Class E Unit means a Unit in the Limited Partnership designated as a Class E Unit, having the rights, privileges, restrictions and conditions set out in the LP Agreement, which are summarized in subsection 4.1.2 of this JKDA.
Class E Unit does not refer to a Common Unit.
Class E Unit. The Partnership Interest held by the Class E Limited Partner, each full Class E Unit representing a $2,500 Capital Contribution.
Class E Unit means a Class E limited partnership unit of the Partnership having the rights, privileges, restrictions and conditions set forth in this Agreement.
Class E Unit means a Class E Unit as defined in the LLC Agreement.
Class E Unit means a Unit representing a fractional part of the Partnership Interests of all Limited Partners and Assignees and of the General Partner (exclusive of its interest as holder of the general partner interest and the Incentive Distribution Rights) and having the rights and obligations specified with respect to Class E Units in this Agreement.
Class E Unit as such term is defined in the MLP Agreement.