Class B LP2 Units definition

Class B LP2 Units means Class B limited partnership units of Limited Partnership 2, which are economically equivalent to Class U Units (subject to certain adjustments) and redeemable for cash or Class U Units, as determined by the General Partner in its sole discretion.
Class B LP2 Units means class B limited partnership units of Limited Partnership 2; “Class C LP2 Units” means class C limited partnership units of Limited Partnership 2;
Class B LP2 Units means class B limited partnership units of Limited Partnership 2; “Class C LP2 Units” means class C limited partnership units of Limited Partnership 2; “Closing” has the meaning ascribed thereto on the cover page of this Prospectus Supplement;

Examples of Class B LP2 Units in a sentence

  • Calculated on a fully-diluted basis assuming the conversion of all SUSO 1 class A units and SUSO 1 class I units into Class U Units at their respective conversion ratios and the redemption of all outstanding Class B LP2 Units and GAR B Exchangeable Units for Class U Units.

  • GAR C Units Holders of GAR C Units will receive, at their election, either Class U Units or Class B LP2 Units Amendments to the SUSO 1 Declaration of Trust In order to give effect to the Combination Transaction, certain amendments (the “Proposed Amendments”) will be made to the SUSO 1 declaration of trust (following the approval of the Proposed Amendments by the SUSO 1 Unitholders, the “REIT Declaration of Trust”).

  • DISTRIBUTION POLICY AND HISTORY General The REIT has adopted a distribution policy, as permitted under the Declaration of Trust, pursuant to which it makes pro rata monthly cash distributions to Unitholders and causes cash partnership distributions to be made to holders of Class B LP1 Units, Class B LP2 Units and GAR B Exchangeable Units (subject to an election by a Unitholder to utilize the Plan as described below).

  • The Firearms and Toolmark subcommittee is drafting standards on firearm and toolmarks source conclusions and considering options (i.e. five-point scale vs.

  • In addition, Blair Welch and Brady Welch, principals of Slate and trustees of the REIT, and Samuel Altman, a trustee of the REIT, directly or indirectly held interests in the general partner interests in SlateU.S. Opportunity (No. 3) Holding L.P., and such general partner interests were exchanged for Class B LP1 Units and Class B LP2 Units pursuant to the transaction.

  • GAR A Units Holders of GAR A Units will receive, at their election, either Class U Units or Class B LP2 Units.


More Definitions of Class B LP2 Units

Class B LP2 Units means class B limited partnership units of Limited Partnership 2; “Class C LP2 Units” means class C limited partnership units of Limited Partnership 2; “Code” means the United States Internal Revenue Code of 1986, as amended;

Related to Class B LP2 Units

  • 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.

  • Class B Units means the Class B Units of the Company.

  • 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.

  • Class B Interests As set forth in the Trust Agreement.

  • Common Units is defined in the Partnership Agreement.

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • Preferred Units means the Series A Preferred Units and the Series B Preferred Units.

  • Class C Units means the Class C Units of the Company.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Class C Shares means the shares of Class C common stock of the Company.

  • Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • 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.