Class R Unit definition

Class R Unit means a Class R Unit of the Trust and includes a fraction of a Class R Unit of the Trust.
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Class R Unit means a unit of beneficial interest in the Trust designated as Class R units.
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Class R Unit means a Unit having the rights and obligations specified with respect to Class R Units in this Agreement.
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Examples of Class R Unit in a sentence

  • If no Investor Units and/or Class M Units are outstanding, each Class R Unit represents an equal undivided beneficial interest in and to all distributions of the Trust, whether of Net Income, Net Realized Capital Gains or other amounts, and in the event of the termination or winding-up of the Trust, in and to all of the net assets of the Trust remaining after satisfaction of all liabilities.

  • Each Unit shall be classified as a Class A or a Class R Unit, but a Unit may only be classified in one of the foregoing classes.

  • On December 31st 2021, the FUND had 9,176, in Unit Class A Unit-holder and 1, in Unit Class R Unit- holder.

  • On December 31st 2021, the FUND had 4,318 Unit Class A Unit holders and 1 Unit Class R Unit holders; Unit class I did not exist then.

  • On December 31st 2021, the FUND had 1,283 Unit class A Unit-holder and 1 Unit Class R Unit holder.

  • In case of any distribution, Class R Unit Holders shall be entitled to receive bonus units only.

  • Recommendation 8 We recommend that the legislation should specify the factors that the courts should take into account when determining whether the publicity would be seriously offensive or objectionable to a reasonable person.

  • Upon the actual liquidation of the Partnership, the cash payment of the Class R Unit Liquidation Amount shall be treated as (1) a liquidation distribution from the Partnership to the extent of the section 704(b) capital account attributable to the converted Class R Units and (2) a guaranteed payment for U.S. federal income tax purposes for the excess of the Class R Unit Liquidation Amount in cash over the Section 704(b) capital account balance for each Partner holding such converted Class R Unit.

  • Wade Endangers Women’s Autonomy Kisha Patel April 2017 Submitted to the Faculty of Ursinus College in fulfillment of the requirements for Honors in Politics and Gender & Women’s Studies.My Body, Not My Say: How Roe v.

  • On December 31st 2022, the FUND had 1,050 Unit class A Unit-holder and 2 Unit Class R Unit holder.

Related to Class R Unit

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • Class R-II Interest The uncertificated Residual Interest in REMIC II.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • Class R-III Interest The uncertificated Residual Interest in REMIC III.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • Class R-1 Interest The uncertificated Residual Interest in REMIC 1.

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Class R-III Certificate Any one of the Class R-III Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC III for purposes of the REMIC Provisions.

  • Class R-5 Interest The uncertificated Residual Interest in REMIC 5.

  • Class R-X Certificate Any one of the Class R-X Certificates executed by the Trustee and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-R-X and evidencing the ownership of the Class R-IV Interest, the Class R-V Interest and the Class R-VI Interest.

  • Class R-II Certificate Any one of the Class R-II Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC II for purposes of the REMIC Provisions.

  • Class R-I Certificate Any one of the Class R-I Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC I for purposes of the REMIC Provisions.

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class P Fraction Any Class I-P, Class II-P or Class III-P Fraction, as applicable.

  • Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Class R Certificates All Certificates bearing the class designation of "Class R".

  • Class R Certificate The Class R Certificate executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A and evidencing the ownership of the Class LT-R Interest and the residual interest in the Upper Tier REMIC.

  • 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 R-2 Residual Interest The uncertificated undivided beneficial interest in REMIC II which has been designated as the single class of “residual interest” in REMIC II pursuant to Section 2.11. The Class R-2 Residual Interest, together with the REMIC II Regular Interests, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

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

  • Class R-2 Interest The uncertificated Residual Interest in REMIC 2.

  • Class R-1 Residual Interest The uncertificated undivided beneficial interest in REMIC I which has been designated as the single class of “residual interest” in REMIC I pursuant to Section 2.06.

  • Percentage Interest As to any Certificate, the percentage interest evidenced thereby in distributions required to be made on the related Class, such percentage interest being set forth on the face thereof or equal to the percentage obtained by dividing the Denomination of such Certificate by the aggregate of the Denominations of all Certificates of the same Class.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.