Class P Unit definition

Class P Unit means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class P Unit as provided in this Agreement.
Class P Unit means the class of units of the Partnership designated as the “Class P Units”.
Class P Unit means each unit of limited liability interest in OpCo designated as a “Class P Unit” pursuant to the OpCo LLC Agreement.

Examples of Class P Unit in a sentence

  • At any time, at the Manager’s election and sole discretion, the Manager or its designee shall be issued one (1) Class P Unit of the Series, and the distributions for the Promoted Interest shall paid as distributions to and on behalf of such Class P Unit.

  • Please sign this Award Agreement in the space provided below to confirm your Class P Unit Grants and return a copy at your earliest convenience.

  • The Class P Common Units constituting each of your Class P Unit Grants are subject to the terms and conditions of the LPAs, including, but not limited to, the vesting and forfeiture terms set forth therein.

  • The holder of the Class P Unit shall have no other rights as a member and shall not be entitled to any other distributions.

  • The Selling Stockholder Shares, other than any Warrant Shares, Paired Interest Shares and the Class P Unit Shares included in the Selling Stockholder Shares, are validly issued, fully paid and nonassessable.


More Definitions of Class P Unit

Class P Unit means a Class P Unit of the Company. ------------
Class P Unit means a Class P Unit in the Company representing a profits interest in the Company as more fully described in Section 3.10 of the LLC Agreement.
Class P Unit means a Partnership Unit representing a Limited Partnership Interest issued to Key Employees (or an Affiliate of a Key Employee) pursuant to the terms of each Key Employee’s (or such Affiliate’s, as the case may be) restricted unit award agreement and having the rights, privileges, limitations, and restrictions described on Exhibit D.
Class P Unit has the meaning set forth in the Company LLCA.
Class P Unit means the class of units of the Partnership designated as the “Class P Units”. “Closing” means the completion of the purchase and sale of any Units.
Class P Unit as defined in, and issued under, the A&R Blue Owl Holdings LP Agreement.
Class P Unit means, collectively, one Blue Owl Holdings Class P Unit and one Blue Owl Carry Class P Unit.