Series P Units definition

Series P Units means Series P currency hedged mutual fund units of Purpose Strategic Yield Fund and/or Purpose Multi-Asset Income Fund, as applicable.
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Series P Units means series P units of the Fund.
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Examples of Series P Units in a sentence

  • The Manager is entitled to receive a performance fee (Performance Fee) to be calculated and accrued on each Valuation Date and Additional Pricing Date for Series A, Series F and Series P Units and paid monthly.

  • Growth and Evolution of the Trust – Other Series of Units The Manager may create one or more new Series without Unitholder approval (provided same are within the investment objectives set out in the Declaration of Trust and provided that the number of Units issued with a priority or preference, together with the number of Series P Units issued, may not exceed 60% of the number of all Units issued at any one time).

  • Other than with respect to payment of fees and the priority afforded to Series P Units on distribution and liquidation, each Unit entitles the holder to the same rights and obligations as a holder of any other Unit and no Unitholder is entitled to any privilege, priority or preference in relation to any other Unitholders.

  • Upon the consummation of the Business Combination, all vested Series P Units were exchanged for common stock of the Company determined pursuant to the distribution provision of the limited liability agreement of SVE and the Merger Agreement.

  • The stock-based compensation expense for SVE’s Series P Units was pushed down to the operating entity and thus recorded in the Company’s condensed consolidated financial statements with a corresponding credit to equity as a capital contribution.

  • Series M and Series P Units are available to investors who meet eligibility requirements and who invest a minimum of $500,000 in respect of the Trust and $1,000,000 in respect of the Partnership.

  • Series M and Series P Units are available to investors who meet eligibility requirements and who invest a minimum of $500,000 in respect of the Trust.

  • Concurrent with or subsequent to this Offering, the Fund and the Partnership may also offer additional securities, which may not have the same terms as the Series A Units, Series B Units, Series E Units, Series F Units, and Series P Units of the Fund, or the Series A LP Units, Series B LP Units, Series E LP Units, Series F LP Units, and Series P LP Units of the Partnership.

  • All holders of Series A Units, Series B Units, Series E Units, Series F Units, Series P Units, Series M Units, and Series X Units resident in Canada are eligible to participate in the DRIP.

  • Each holder of Series A Units, Series B Units, Series E Units, Series F Units, Series P Units, Series M Units, and Series X Units shall be entitled to receive the amount received from the Partnership with respect to the Corresponding LP Unit of such Trust Units in the same manner as a distribution by the Fund after paying, retiring or discharging or making provision for the payment, retirement or discharge of all known liabilities and obligations of the Fund.

Related to Series P Units

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

  • 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.

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

  • 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.

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

  • 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.

  • 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.

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

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

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • 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.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series H Preferred Stock means shares of the Company’s Series H Preferred Stock, par value $0.0001 per share.

  • 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.

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

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

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

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series A Shares means the series A redeemable convertible preferred shares, par value US$0.0001 per share, of the Company.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Class A Preferred Stock means the Company's Class A Convertible Preferred Stock, par value $.01 per share.

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