Partnership Unit Designation definition

Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

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Partnership Unit Designation shall have the meaning set forth in the Operating Partnership's LPA.

Partnership Unit Designation means this Partnership Unit Designation, as the same may be amended or modified from time to time with the consent of the Holders of the Class A Preferred Units.

Examples of Partnership Unit Designation in a sentence

Amendments to this Agreement may be proposed by the General Partner or by Limited Partners holding twenty-five percent (25%) or more of the Partnership Interests held by Limited Partners and shall be approved by the Consent of the General Partner and, except as set forth in Section 7.3C and subject to Sections 7.3D and 15.13 and the rights of any Holder of any Partnership Interest set forth in a Partnership Unit Designation, shall be approved by the Consent of the Limited Partners.
Except as otherwise expressly provided in this Agreement, including any Partnership Unit Designation, all management powers over the business and affairs of the Partnership are and shall be exclusively vested in the General Partner, and no Limited Partner shall have any right to participate in or exercise control or management power over the business and affairs of the Partnership.
Except pursuant to the rights of Redemption set forth in Section 15.1 hereof or in any Partnership Unit Designation, no Limited Partner shall be entitled to the withdrawal or return of its Capital Contribution, except to the extent of distributions made pursuant to this Agreement or upon termination of the Partnership as provided herein.
Subject to the rights of any Holder of any Partnership Interest set forth in a Partnership Unit Designation, the General Partner may not Transfer all or any portion of its Partnership Interest (whether by sale, disposition, statutory merger or consolidation, liquidation or otherwise) without the Consent of the Limited Partners (but may do so with the Consent of the Limited Partners).
Except to the extent provided in Article 5 and Article 6 hereof or otherwise expressly provided in this Agreement or in any Partnership Unit Designation, no Limited Partner or Assignee shall have priority over any other Limited Partner or Assignee either as to the return of Capital Contributions or as to profits, losses or distributions.

More Definitions of Partnership Unit Designation

Partnership Unit Designation has the meaning set forth in Section 4.2(a) hereof.

Partnership Unit Designation means (i) with respect to the Partnership Preferred Units issued to the Special Limited Partner pursuant to Section 4.1, the description of the terms of such Partnership Preferred Units as set forth in Exhibit D and (ii) with respect to Partnership Preferred Units issued after the date of this Agreement, a description of the terms of such Partnership Preferred Units as described in and referred to as a “Preferred Unit Designation” in Section 4.2.A. The terms set forth in a Preferred Unit Designation with respect to a particular Partnership Preferred Unit shall determine the special rights, privileges and obligations of such Partnership Preferred Unit.

Partnership Unit Designation has the meaning set forth in Section 3.2(c).

Partnership Unit Designation means the Partnership Unit Designation of Series F Partnership Preferred Units of the Operating Partnership.

Partnership Unit Designation means a written document attached to and made an exhibit to the OP Agreement setting forth the designations, preferences, redemption rights, and other special rights, powers and duties of the Series A Preferred Units.

Partnership Unit Designation means that certain Partnership Unit Designation of Series [ ] Class B OP Units of NSA OP, LP.]

Partnership Unit Designation shall have the meaning set forth in ----------------------------