Rhino LP Units definition

Rhino LP Units means the units representing common limited partnership interests in the Partnership and having the rights and obligations specified with respect to the Rhino LP Units in the Rhino LP Agreement.
Sample 1Sample 2Sample 3

Examples of Rhino LP Units in a sentence

  • At the Closing, (a) Holdings shall transfer the Exchange Shares to Rhino and (b) in consideration therefor, (i) Rhino shall issue to Holdings the New Rhino LP Units and (ii) Rhino GP shall issue to Holdings the Rhino GP LLC Interest (collectively, the “Exchange”).

  • Rhino shall have delivered to Holdings certificates representing the New Rhino LP Units and Rhino GP shall have delivered to Holdings evidence, to Holdings’ satisfaction, of the issuance of the Rhino GP LLC Interest, in each case, free and clear of all Encumbrances other than Permitted Encumbrances.

  • Except (i) as described in the SEC Filings and (ii) for the Rhino LP Units to be issued pursuant to this Agreement, there are no preemptive rights or other rights to subscribe for or to purchase, nor any restriction upon the voting or transfer of, any interests in Rhino pursuant to the Rhino LP Agreement or any other agreement or instrument to which Rhino is a party or by which either of them may be bound.

  • As of the Closing Date, all partnership and limited liability company action, as the case may be, required to be taken by Royal, Rhino and Rhino GP or any of their respective partners or members for the authorization, issuance, sale and delivery of the New Rhino LP Units and the Rhino GP LLC Interest shall have been validly taken, and no other authorization by any of such parties is required therefor.

Related to Rhino LP Units

  • 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.

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

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

  • Common Units is defined in the Partnership Agreement.

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

  • 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.

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

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

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • 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.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • MLP has the meaning given such term in the introduction to this Agreement.

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

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

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

  • Coop Shares Shares issued by a Cooperative Corporation.

  • IDRs means the rights to the incremental ability, resulting from the addition of Merchant Transmission Facilities, to inject energy and capacity at a point on the Transmission System, such that the injection satisfies the deliverability requirements of a Capacity Resource. Incremental Deliverability Rights may be obtained by a generator or a Generation Interconnection Customer, pursuant to an IDR Transfer Agreement, to satisfy, in part, the deliverability requirements necessary to obtain Capacity Interconnection Rights.

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

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

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

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Partnership Security means any class or series of equity interest in the Partnership (but excluding any options, rights, warrants and appreciation rights relating to an equity interest in the Partnership), including without limitation, Common Units, Subordinated Units and Incentive Distribution Rights.

  • Membership Interests has the meaning set forth in the recitals.