Class W Units definition

Class W Units is defined in Section 7.1.
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Class W Units means the Class W Common Units of the Company.
Sample 1
Class W Units means that certain class of units granted to the Investor pursuant to the Contribution Agreement, which units represent a membership interest in the Distributor.
Sample 1

Examples of Class W Units in a sentence

  • Immediately before liquidation of the Partnership, Class T Units will automatically convert to Class I Units at the Class T Conversion Rate and Class W Units will automatically convert to Class I Units at the Class W Conversion Rate.

  • Investments made under this PDS are for units in Class W of the Scheme, and the rights and entitlements disclosed in this PDS are specific to the Class W Units.

  • Distributions are generally calculated based on the Scheme’s net income at the end of the distribution period referable to the Class W Units divided by the number of Class W Units on issue.You can choose to have your distributions automatically reinvested into additional Class W Units in the Scheme or paid directly into your nominated Bank Account.

  • In addition, MediGain issued Class W Units to the Subordinated Noteholders in exchange for $4 million, along with a Put Agreement in which MediGain agreed to repurchase the Class W Units upon the exercise of a put option provided to the Subordinated Noteholders.

  • The General Partner is hereby authorized to cause the Partnership to issue Partnership Units designated as Class T Units (which may be designated by the General Partner upon issuance as Series 1 Class T Units, Series 2 Class T Units or Series 3 Class T Units; provided, that all Class T Units issued to the General Partner shall be Series 1 Class T Units), Class W Units and Class I Units.

  • A 'unit price' for Class W is generally calculated for each Business Day based on Class W Unit's share of the Scheme's net asset value.

  • All accounts shall be paid by cheque or electronic transfer, signed by the Treasurer and any other officer as per Rule 5.1.

  • The General Partner is hereby authorized to cause the Partnership to issue Partnership Units designated as Class A Units, Class I Units and Class W Units.

  • Class A Units, Class I Units and Class W Units shall be issued only to the General Partner and only in exchange for contributions by the General Partner to the capital of the Partnership of the proceeds received by the General Partner from the issuance of REIT Shares having the same Class designation as the Class of Partnership Units being issued.

  • CIT, NationsBanc and Fleet and each of their respective Affiliates may accept deposits from, lend money to, act as trustee or paying agent under indentures of, and generally engage in any kind of business with, any Borrower or any Guarantor, any of their Affiliates, or any Person who may do business with or own securities of any Borrower or Guarantor, or any of their Affiliates, all as if CIT, NationsBanc and Fleet were not Agents and without any duty to account therefor to any Lenders.


More Definitions of Class W Units

Class W Units means Class W units of membership interests in the Distributor.
Sample 1
Class W Units means that certain class of Units owned by WCO and W-G Holding on and as of the Effective Date, and from time to time, including pursuant to Sections 4.1.2(d) and (e) of this Agreement upon the Company’s or a WCO Party’s, respectively, satisfaction of any liability to which they may be entitled to indemnification from Genius under Section 8.3 of the Master Contribution Agreement.
Sample 1
Class W Units means Class W Units (or any security issued in exchange or substitution, in whole or in part, by merger or otherwise) in the Operating Company, issued under the LLC Agreement.
Sample 1

Related to Class W Units

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

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

  • Class C Units shall have the meaning set forth in the preface.

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

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

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

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

  • Common Units is defined in the Partnership Agreement.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

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

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

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

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • 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.

  • 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 A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

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

  • Class C Percentage Interest As of any date of determination, with respect to the Class C Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class C Certificates on such date, and the denominator of which is the Class Principal Balance of the Class C Regular Interest on such date.

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.