Other Unitholders definition

Other Unitholders has the meaning set forth in the preamble.
Other Unitholders has the meaning set forth in Section 10.2(a).
Other Unitholders means, collectively, the Management Unitholders and the Operating Unitholders. “Participating Purchaser” shall have the meaning set forth in Section 3.5(b). “Partnership Minimum Gain” shall have the meaning set forth in Sections 1.704- 2(b)(2) and 1.704-2(d) of the Treasury Regulations. “Permitted Transferee” means (i) with respect to any Unitholder who is a natural person, a member of such Unitholder’s Family Group, (ii) with respect to any Unitholder which is an entity, any entity which is a Subsidiary of such Unitholder or any Person of which such Unitholder is a Subsidiary and (iii) with respect to any current or former Principal Investor, such current or former Principal Investor’s Affiliates (in each case, it being understood that any Transfer to such Persons shall be conditioned on the receipt of an undertaking by such Transferee to Transfer such Units back to the Transferor if such Transferee ceases to otherwise qualify as a Permitted Transferee); provided that portfolio companies of Xxxxxxx’x investment manager or any other financial sponsor whose funds become a Unitholder shall not be Permitted Transferees of such Unitholder. For the avoidance of doubt, none of the members of the Company Group shall be deemed a Permitted Transferee of Xxxxxxx or Providence. “Person” means an individual, a partnership, a corporation, a limited liability company, an association, a joint stock company, a trust, a joint venture, an unincorporated organization, any other business entity, or a Governmental Entity. “Plan” mean the Mercury Parent, LLC 2016 Value Unit Plan (as amended and in effect from time to time). “Preemptive Portion” shall have the meaning set forth in Section 3.5(a). “Preemptive Pro Rata Percentage” means, at any time, the percentage obtained by dividing the total number of Units then held by the applicable holder by the aggregate number of Units then held by all of the Unitholders who are Accredited Investors. “Preemptive Securities” shall have the meaning set forth in Section 3.5(a).

Examples of Other Unitholders in a sentence

  • Other Unitholders should tender their Units via email to the Company at nhpif@seic.com.

  • Such Selling Unitholder will not consummate any Transfer until 45 days after the Offer Notice has been given to the Other Unitholders, unless the parties to the Transfer have been finally determined pursuant to this Section 10.2 prior to the expiration of such 45-day period.

  • Signs advertising exclusively the prospective sale or lease of the land or building upon which such signs are displayed, provided that the area of any such signs shall not exceed 6 square feet and not more than one such sign shall be placed on a property, unless such property fronts on more than one street, in which case one such sign may be erected on each street frontage.

  • Because the Operating Partnership is a partnership (a pass-through entity) for U.S. federal income tax purposes, the U.S. federal income tax consequences of consummating the Plan generally will not be borne by the Operating Partnership, but by the REIT and the Other Unitholders.

  • The p-value in a one-sided Fishers exact test is 0.63.strategy choices are very transparent, often presented as easy to read payoff matrices, this experiment introduced a less transparent but more realistic information setting.

  • Other Unitholders who do not want immediate cash, however, may prefer to continue to retain their investment in the Partnership and potentially receive a greater amount for their Units.

  • With the below average rainfall this year, this has caused a high probability for wild fires throughout the region.

  • If the Other Unitholders have not elected to participate in the contemplated Transfer (through notice to such effect or expiration of the 20-day period after delivery of the Sale Notice), then the Transferring Unitholder may Transfer the Units specified in the Sale Notice at a price and on terms no more favorable to the Transferring Unitholder thereof than specified in the Sale Notice during the 90-day period immediately following the date of the delivery of the Sale Notice.

  • Other Unitholders Other Unitholders (i.e. those who are neither individuals nor foreign investors) are generally subject to Singapore income tax on the gross amount of the distributions paid out of Designated Income by the Fund.

  • Other Unitholders subscribing will be issued Class I or Class U Units, unless otherwise determined by the AIFM in its sole discretion.


More Definitions of Other Unitholders

Other Unitholders shall have the meaning set forth in Section 5.5(a).
Other Unitholders shall have the meaning set forth in Section 2.4(a) of this Agreement.
Other Unitholders means, collectively, the Management Unitholders and the Operating Unitholders.
Other Unitholders means each holder of Units other than a Founder Investor.
Other Unitholders means, with respect to a Unitholder, all Unitholders other than such Unitholder.

Related to Other Unitholders

  • Unitholders means the holders of Units.

  • Unit Holders means all Unit Holders.

  • Other Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their securities in certain registrations hereunder.

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

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

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Class B Members means all such Persons.

  • 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.

  • Limited Partners means all such Persons.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Company Stockholders means the holders of shares of Company Capital Stock.

  • Common Units is defined 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.

  • 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.

  • Independent Shareholders means holders of Voting Shares, other than:

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Class A Members means those Members who have purchased Class A Interests.

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

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

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Members’ Percentage Interests means the ownership percentage interests as mentioned in Section I of this Agreement. During each fiscal year, the net profits and net losses of the Company (other than from capital transactions), and each item of income, gain, loss, deduction, or credit entering into the computation thereof, shall be credited or charged, as the case may be, to the capital accounts of each Member(s) in proportion to the Members' Percentage Interests. The net profits of the Company from capital transactions shall be allocated in the following order of priority: (a) to offset any negative balance in the capital accounts of the Member(s) in proportion to the amounts of the negative balance in their respective capital accounts, until all negative balances in the capital accounts have been eliminated; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The net losses of the Company from capital transactions shall be allocated in the following order of priority: (a) to the extent that the balance in the capital accounts of any Member(s) are in excess of their original contributions, to such Member(s) in proportion to the excess balances until all such excess balances have been reduced to zero; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The cash receipts of the Company shall be applied in the following order of priority: (a) to the payment of interest or amortization on any mortgages on the assets of the Company, amounts due on debts and liabilities of the Company other than those due to any Member(s), costs of the construction of the improvements to the assets of the Company and operating expenses of the Company; (b) to the payment of interest and establishment of cash reserves determined by the Member(s) to be necessary or appropriate, including without limitation, reserves for the operation of the Company’s business, construction, repairs, replacements, taxes and contingencies; and (d) to the repayment of any loans made to the Company by any Member(s). Thereafter, the cash receipts of the Company shall be distributed among the Member(s) as hereafter provided. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts of the Company, other than from capital transactions, shall be allocated among the Member(s) in proportion to the Members’ Percentage Interests. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts from capital transactions shall be allocated in the following order of priority: (a) to the Member(s) in proportion to their respective capital accounts until each Member(s) has received cash distributions equal to any positive balance in their capital account; then (b) to the Member(s) in proportion to the Members' Percentage Interests. It is the intention of the Member(s) that the allocations under this Agreement shall be deemed to have “substantial economic effect” within the meaning of Section 704 of the Internal Revenue Code and Treas. Reg. Section 1.704-1. Should the provisions of this Agreement be inconsistent with or in conflict with Section 704 of the Code or the Regulations thereunder, then Section 704 of the Code and the Regulations shall be deemed to override the contrary provisions thereof. If Section 704 of the Regulations at any time require that limited liability company operating agreements contain provisions which are not expressly set forth herein, such provisions shall be incorporated into this Agreement by reference and shall be deemed a part of this Agreement to the same extent as though they had been expressly set forth herein.

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

  • Partnership Securities has the meaning assigned to such term in Section 4.4(a).