Nonvoting Common Units definition

Nonvoting Common Units means the Nonvoting Common Units of the Company, having the rights, privileges and preferences set forth herein.
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Nonvoting Common Units has the meaning set forth in Section 3.2(f)(iii).
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Nonvoting Common Units means the Nonvoting Common Units of the Company, having the rights, privileges and preferences set forthherein.
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Examples of Nonvoting Common Units in a sentence

  • In the event of any conversion to Common Units of any Class C Units, Class C-1 Units shall be converted into Voting Common Units, and Class C-2 Units shall be converted into Nonvoting Common Units.

  • As proposed, the Common Units are divided into the Voting Common Units and the Nonvoting Common Units.

  • In no event shall any stock dividend, stock split, reverse stock split, combination of stock, reclassification or recapitalization be declared or made on the Class A Common Stock (each, a “ Stock Adjustment”) unless the Stock Adjustment has been reflected in the same economically equivalent manner on all Nonvoting Common Units.

  • Holdings shall have the right to assign to any Transferee of Nonvoting Common Units, pursuant to a Transfer made in compliance with this Agreement, the right to receive any portion of the amounts distributable or otherwise payable to Holdings pursuant to Section 5.03(b).

  • Notwithstanding the provisions of Section 5.03(b), the Board, in its sole discretion, may authorize that cash be paid to Pubco (which payment shall be made without pro rata distributions to the other Members) in exchange for the redemption, repurchase or other acquisition of Nonvoting Common Units held by Pubco to the extent that such cash payment is used to redeem, repurchase or otherwise acquire an equal number of shares of Class A Common Stock in accordance with Section 4.02(b).

  • As proposed, the Class C Units and the Common Units are each divided into a “voting” series (i.e., the Class C-1 Units and the Voting Common Units, respectively) with certain voting rights as prescribed in amended Section 4.7 and a “non-voting” series (i.e., the Class C-2 Units and the Nonvoting Common Units, respectively) with more limited voting rights as prescribed in amended Section 4.7, as further described below.

  • Shares of Class B common stock of the Issuer ("Class B Common Stock") have one vote per share but represent no economic interests and are issued in an equal amount to the number of Nonvoting Common Units of vTv Therapeutics LLC ("vTv Units") held.

  • As reflected in proposed new paragraphs (a) through (g) of Section 4.7, each of the Voting Class A Units, the Class C-1 Units, and the Voting Common Units series has broader voting rights than the Nonvoting Class A Units, the Class C-2 Units, and the Nonvoting Common Units series, respectively, in that the former series are entitled to vote in some capacity on a wider array of actions than the latter series.

  • The undersigned desires to transfer to Pubco the number of (i) shares of Class B Common Stock plus Nonvoting Common Units set forth below (the “Paired Interests”) in exchange for, at the election of Pubco (i) shares of Class A Common Stock (the “Deliverable Common Stock”) to be issued in its name as set forth below, or (ii) cash, in accordance with the terms of the Exchange Agreement.

  • The undersigned, having acquired shares of Class B Common Stock and Nonvoting Common Units, hereby joins and enters into the Agreement.


More Definitions of Nonvoting Common Units

Nonvoting Common Units has the meaning set forth in Section 3.2(f)(iii). “OFAC” means the Office of Foreign Assets Control of the United States Treasury Department or any successor thereto.
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Related to Nonvoting Common Units

  • Voting Common Stock means the voting common stock, par value $0.01 per share, of the Company.

  • Common Units is defined in the Partnership Agreement.

  • Non-Voting Common Stock means the non-voting common stock, par value $0.01 per share, of the Company.

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

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

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • 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.

  • Voting Units means collectively, the Units and Special Voting Units;

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

  • 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.

  • Initial Common Units means the Common Units sold in the Initial Offering.

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

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

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

  • 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.

  • 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 B Common Shares means shares of the Class B Common Stock, par value $.01 per share, of the Company.

  • Special Voting Units means, collectively, special voting units of the REIT, and “Special Voting Unit” means any one of them.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

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