SXE Units means 2,116,400 Common Units of SXE and 12,213,713 Subordinated Units of SXE.
Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.
Common Units means common units representing limited partner interests in the Partnership.
Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.
Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.
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.
Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”
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.
Class B Units means the Class B Units of the Company.
Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.
Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.
Partnership Units or “Units” has the meaning provided in the Partnership Agreement.
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.
LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.
Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.
Company Units has the meaning set forth in the Recitals.
Membership Units means the units into which the ownership interests of the Members in the Company are divided, including such Member’s Economic Interest and the right of such Member to any and all benefits to which such Member may be entitled as provided in this Agreement or under the Act, together with the obligation of such Member to comply with all of the provisions of this Agreement and of the Act.
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.
Covered Units means, with respect to each Unitholder, such Unitholder’s Existing Units, together with any WMLP Common Units that such Unitholder becomes the Record Holder or beneficial owner of on or after the date hereof.
Class C Units means the Class C Units of the Company.
OP Units means units of limited partnership interest in the Operating Partnership.
Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.
Subordinated Units has the meaning assigned to such term in the Partnership Agreement.
Class D Units has the meaning ascribed to such term in the LLC Agreement.
Class A LP Units means the Class A limited partnership units of the Partnership.
Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.