GP Unit definition

GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.
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GP Unit means a unit representing a general partner interest in the Partnership and designated in the Register as a GP Unit, as subdivided, reclassified or otherwise modified from time to time in accordance with this Agreement.
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GP Unit means a Partnership Interest issued pursuant to Section 4.1 and representing a general partner's interest in the Partnership.
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Examples of GP Unit in a sentence

  • A Partnership Interest of any class or series other than a Common Unit or a GP Unit shall not entitle the holder thereof to vote on, or consent to, any matter.

  • The parties acknowledge that each general partnership interest in the Company is represented by a unit (a “GP Unit”) which represents the same economic interest in the Company as a Unit; accordingly, for purposes of paying the Merger Consideration, each GP Unit shall be considered to be a Unit.

  • General Partner GP Unit 36,666 Preferred Apartment Communities, Inc.

  • The rate at which LP Units shall be delivered upon conversion of GP Units shall initially be one LP Unit for each GP Unit, and shall be adjusted to reflect any Recapitalization occurring after the Effective Time.

  • There shall be no Disposition of the GP Unit or the Units except in accordance with the Ottawa 67’s Shareholder’s Agreement and the Project Agreement.


More Definitions of GP Unit

GP Unit has the meaning given to such term in Section 3.1(b);
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GP Unit means a unit representing the general partner interest in the Partnership.
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GP Unit has the meaning assigned to it in the Partnership Agreement.
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GP Unit means a “General Partner Unit” as such term is defined in the Partnership Agreement.
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GP Unit means a unit representing the ownership interest of a general partner in and to a limited partnership.
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GP Unit means the general partnership units of Energy owned by the GP.
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GP Unit has the meaning set forth in the recitals hereof.
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