Transfer Units definition

Transfer Units has the meaning set forth in Section 9.2(a).

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Transfer Units means Common Units or vested Non-Voting Incentive Units, as applicable, owned by a Member, or issued to a Member after the date hereof (including, without limitation, in connection with any unit split, recapitalization, reorganization, or the like).

Transfer Units. As defined in Section 15.3.

Examples of Transfer Units in a sentence

In connection with any request to Transfer Units, the Partnership may require the Limited Partner requesting the Transfer to obtain, at the Limited Partner’s expense, an opinion of counsel selected by the General Partner as to such matters as the General Partner may reasonably request.
Such Member is aware that this Agreement provides restrictions on the ability of a Member to Transfer Units, and such Member will not seek to effect any Transfer other than in accordance with such restrictions.
For the avoidance of doubt, subject to Section 8.04(b), in order to effectuate a Transfer of Units by a Limited Partner to an equity holder of such Limited Partner, a Limited Partner may Transfer Units to a Subsidiary of such Limited Partner and transfer its ownership in such Subsidiary to the Limited Partner’s equity holder.
Any attempt to Transfer Units that does not comply with this Article VIII will be ineffective.
Notwithstanding anything contained in this Agreement to the contrary, Transferee's execution and delivery of the Section 83(b) Tax Election Form shall be a condition precedent to Transferor's obligation as may otherwise be provided hereunder to Transfer Units to Transferee, and the failure of Transferee to satisfy such requirement with respect to the Units shall cause such Units to be forfeited in accordance with Section 4 hereof.

More Definitions of Transfer Units

Transfer Units means Common Units (other than Common Units converted from Preferred Units) and Incentive Units owned by a ROFR Subject, or issued to a ROFR Subject after the date hereof (including, without limitation, in connection with any unit split, recapitalization, reorganization, or the like).

Transfer Units means Units subject to a Proposed Transfer.

Transfer Units has the meaning given in clause 8.3(d)(ii).

Transfer Units has the meaning set forth in Section 12.5.

Transfer Units means Units owned by a Member, or issued to a Member after the date hereof, subject to a Proposed Transfer.

Transfer Units means (i) in the case of a Voluntary Transfer subject to SECTION 7.3, the Units which are subject to the Voluntary Transfer and (ii) in the case of an Involuntary Transfer, the Units which are subject to the Involuntary Transfer.

Transfer Units means Units owned by a Limited Partner, or issued to a Limited Partner after the date hereof.