Examples of Preferred Unitholders in a sentence

If fewer than all of the outstanding Series A Preferred Units are to be redeemed, any such redemption shall be allocated among the Series A Preferred Unitholders on a Pro Rata basis (as nearly as practicable without creating fractional Units) or on such other basis as may be agreed upon by the Series A Preferred Unitholders.
The Series A Preferred Unitholders and the Partnership agree to use commercially reasonable efforts to coordinate with the Transfer Agent to accomplish this objective.
The rights of Series A Preferred Unitholders to vote together with the Common Units are set forth in Section 5.8(b)(iii).
The Series A Preferred Units and the Series A Preferred Unitholders shall not have any designations, preferences, rights, powers or duties, other than as set forth in this Agreement or as provided by applicable law.
Notwithstanding anything to the contrary in this Agreement or any duty existing at law, in equity or otherwise, to the fullest extent permitted by applicable law, neither the General Partner nor any other Indemnitee shall owe any duties, including fiduciary duties, or have any liabilities to Series A Preferred Unitholders, other than the implied contractual covenant of good faith and fair dealing.

More Definitions of Preferred Unitholders

Preferred Unitholders has the meaning set forth in the recitals.

Preferred Unitholders. Any Person who has entered into this Agreement and a Subscription Agreement pursuant to which such Person has agreed to purchase Preferred Units of the Company. Preferred Units Preferred units of limited liability company interests in the Company. RIC A regulated investment company as defined in the Code. SEC As set forth in Section 3.4(b)(ii). Securities Act The U.S. Securities Act of 1933, as amended. Subscription Agreement The subscription agreement by which any Member agreed to purchase such Member’s Units. Subsequent Closing Date As set forth in Section 3.3(b). Transfer As set forth in Section 10.1(a). Unitholders The Preferred Unitholders and the Common Unitholders Units Collectively, the Common Units and the Preferred Units. SCHEDULE A Schedule of Directors Name Xxxxx Xxxxxx, Chair Xxxx Xxxxxxxx Xxxxx Xxxxx Xxxxx Xxxxxxx Xxxxxxx X. Xxxxx Xxxx Xxxx SCHEDULE B Schedule of Officers Name Position Xxxxxxx X. Xxxxx Chief Executive Officer and President Xxxx Xxxxxxxx Chief Operating Officer and Secretary Xxxxxxxxx Xxxxx Chief Financial Officer and Treasurer Grove Xxxxxxxx Chief Compliance Officer

Preferred Unitholders means each Person in whose name a Preferred Unit is registered on the books of the Company or, if such books are maintained by the Transfer Agent, on the books of the Transfer Agent. Each Preferred Unitholder shall be a member of the Company.

Preferred Unitholders. Any Person who has entered into this Agreement and a Subscription Agreement pursuant to which such Person has agreed to purchase Preferred Units of the Fund. Preferred Units Preferred units of limited liability company interests in the Fund. President As set forth in Section 3.4(a)(i). RIC A regulated investment company as defined in the Code. SEC As set forth in Section 11.5. Securities Act The U.S. Securities Act of 1933, as amended. Subscription Agreement The subscription agreement by which any Member agreed to make a Capital Commitment to the Fund and purchase such Member’s Units (including, as applicable, any Subscription Agreement entered into with the Limited Partnership prior to the Conversion). Subsequent Closing As set forth in Section 3.3(b).

Preferred Unitholders means the holder(s) of Preferred Units, or an applicable series of Preferred Units, as the context requires;

Preferred Unitholders has the meaning set forth in the preamble hereto.