Special Common Units definition

Special Common Units shall have the meaning ascribed thereto in the Amended and Restated Operating Agreement.
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Special Common Units means Common Units subject to forfeiture as described in Section 5.2.
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Special Common Units means Units issued to the Investor Members.
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Examples of Special Common Units in a sentence

  • Notwithstanding the provisions of Section 1 hereof, to the extent the restrictions on the Exchange of Special Common Units have not previously been removed, all such restrictions shall expire after the first anniversary of the date hereof.

  • CBL Holdings I, Inc., solely in its capacity as the general partner of the Operating Partnership, has caused this Terms of Series J Special Common Units to be duly executed by its Chief Financial Officer this 31st day of January, 2001.

  • CBL Holdings I, Inc., solely in its capacity as the general partner of the Operating Partnership, has caused this Terms of Series L Special Common Units to be duly executed to be effective this 1st day of June, 2005.

  • The units of such series shall be designated "Series L Special Common Units" (the "L-SCUs") and the number of units constituting such series shall initially be 285,850 (and shall be 571,700 after the 6/15/05 Stock Split).

  • CBL Holdings I, Inc., solely in its capacity as the general partner of the Operating Partnership, has caused this Terms of Series S Special Common Units to be duly executed by its Vice Chairman of the Board this 28 day of July, 2004.

  • The Members acknowledge and agree that 208,943 of the Class A Initial Common Units shall be deemed to be Class A Special Common Units.

  • CBL Holdings I, Inc., solely in its capacity as the general partner of the Operating Partnership, has caused this Terms of Series K Special Common Units to be duly executed by its duly authorized officer this 16th day of November, 2005.

  • In the event the Class A Member Representative has not designated which Class A Special Common Units are to be eliminated within such 15-day period, the Class B Member Representative will determine which Class A Special Common Units are to be eliminated.

  • Notwithstanding the above, the Class A Member Representative, in its sole discretion, may from time to time redesignate which of the Class A Initial Common Units shall comprise the Class A Special Common Units.

  • Special Common Units issued by CCC entitling the holders thereof to a Preferred Return (as defined in CCC’s Amended and Restated Operating Agreement dated November 17, 2003, as amended).


More Definitions of Special Common Units

Special Common Units shall have the meaning set forth in the Preamble.
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Related to Special Common Units

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

  • Common Units is defined in the Partnership Agreement.

  • Class A Common Units means the Company's Class A Common Units.

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

  • Class B Units means the Units having the privileges, preference, duties, liabilities, obligations and rights specified with respect to “Class B Units” in this Agreement.