B Units definition

B Units issued by VISA in exchange for the trusted SHARES, as well as those issued free of charge for any operation or that are issued in right of first refusal for capital stock increase and that correspond to the referred SHARES, in any event with all property and corporate rights.
Sample 1Sample 2
B Units has the meaning set forth in Section 3.1(b).
Sample 1Sample 2
B Units means the “Class B Common Partnership Units,” as defined and having the rights, privileges, qualifications, limitations and other characteristics set forth in the Operating Partnership Agreement, to be issued by Operating Partnership pursuant to this Agreement to Messrs. X. Xxxxxxx and X. Xxxxxxx in the amounts set forth on Exhibit D, as such amounts shall be decreased for Messrs. X. Xxxxxxx and X. Xxxxxxx by the same amount as the amount by which their respective Common Units will be increased to ensure each such individual is issued the Maximum Number of Common Units (and no more), which calculation shall be made as of the Closing Date.
Sample 1

Examples of B Units in a sentence

  • For the avoidance of doubt, without limiting any of the provisions set forth in this Article X, the Class B Units shall only be transferable if such Transfer is in compliance with the terms of the Incentive Plan.

  • A Member shall not cease to be a Member as a result of the Bankruptcy of such Member or as a result of any other events specified in § 18-304 of the Delaware Act, provided that the Class B Units may be redeemable or forfeitable pursuant to the terms of the Incentive Plan.

  • However, an Account Owner who is changing the investment option(s) for an Account may transfer existing Class B Units to Class B Units of another Portfolio, if available.

  • The A Units and the B Units together comprise the Units in the Fund (“Units”).

  • Notwithstanding anything to the contrary contained in this Agreement and except as set forth in Section 7.4(a) and Article XIII, the Class B Units shall not have any voting rights and shall not be entitled to vote on or approve any matters.


More Definitions of B Units

B Units are those units which were launched on 28 January 2005. The B Units will be invoiced separately by the Manager in respect of any management fee due. The B Units will only be offered to investors who are clients of the Manager or its affiliates and have a discretionary management agreement covering the charging structure relevant to the Holders' investments in such units. B Units will bear their pro-rata share of the fees payable to the Administrator, Trustee and any other additional costs.
Sample 1
B Units means the B Units being offered for sale under this Prospectus at a price of $500 per B Unit, each of which consists of 1,000 Common Shares and 1,000 Warrants.
Sample 1
B Units. As specified by the Depositor
Sample 1
B Units means the Units issued to NetREIT as General Partner pursuant to Section 4.02 and as a Limited Partner pursuant to Section 4.03(b). The B Units shall have the same rights, preferences and privileges as the A Units except as expressly stated in this Agreement.
Sample 1
B Units preamble "Blackout Period" Section 2.1(c)(i) "CH&L" preamble "Class A Warrants" preamble "Class A Warrant Shares" preamble "Class B Warrants" preamble "Class B Warrant Shares" preamble "Class C Warrants" preamble "Class C Warrant Shares" preamble "Class D Warrants" preamble "Class D Warrant Shares" preamble "Common Stock" preamble "Company" preamble "Conversion Shares" preamble "Effectiveness Period" Section 2.1(c) "HT" preamble "Jansxxx/Xxxexx" preamble "Offering" preamble "Registration Statement" Section 2.1(a) "Series A Preferred" preamble "Shares" preamble "TBCGI" preamble
Sample 1
B Units shall have the meaning set forth in Section 2.02. "Broker" shall have the meaning set forth in Section 13.01. (3)
Sample 1
B Units means “Class B Common Partnership Units,” as defined and described in the Partnership Agreement.
Sample 1