Exchangeable Ashford LLC Common Units means Ashford LLC Common Units that may be redeemable for cash or, at the sole and absolute discretion of Ashford Inc., exchangeable for shares of Common Stock pursuant to Section 7.3 of the Operating Agreement.
Class A Common Units means the Company's Class A Common Units.
Initial Common Units means the Common Units sold in the Initial Offering.
Class B Common Units has the meaning set forth in Section 1(a) hereof.
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.
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 B Units has the meaning set forth in Section 3.04(a)(ii).
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”.
Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.
Class A LP Units means the Class A limited partnership units of the Partnership.
Partnership Units or “Units” has the meaning provided in the Partnership Agreement.
General Partner Units has the meaning assigned to such term in 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.
Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.
Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;
REIT Shares means shares of common stock, $0.01 par value per share, of the Company.
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.
Exchangeable Stock means any Capital Stock of a corporation that is exchangeable or convertible into another security (other than Capital Stock of such corporation that is neither Exchangeable Stock or Redeemable Stock).
Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.
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.
Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.
Class B Common Shares means shares of the Class B Common Stock, par value $.01 per share, of the Company.
Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.
Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).
Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.
Series B Preferred Units shall have the meaning provided in Section 1.