Class C Units definition

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

Class C Units. The term "Class C Units" shall have the meaning set forth in the preface.

Class C Units means the Class C Units of Dairy Holdings.

Examples of Class C Units in a sentence

• The Class C Units shall have the conversion rights set forth in Exhibit G.

• In the event of any conversion to Common Units of any Class C Units, Class C-1 Units shall be converted into Voting Common Units, and Class C-2 Units shall be converted into Nonvoting Common Units.

• As of November 6, 2017, Class C Units held in the Bright Start Advisor-Sold Program were re-designated as Class C Units in the Program.

• Effective May 1, 2020, Class C Units automatically convert to Class A Units in the month of the tenth anniversary of the purchase date, and will thereafter be subject to the lower ongoing servicing fee applicable to Class A Units.

• Class C Units sold by Account Owners on or after November 6, 2017 are not subject to a contingent deferred sales charge.

More Definitions of Class C Units

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

Class C Units shall have the meaning set forth in Section 18.1.

Class C Units has the meaning set forth in Section 3.04(a)(iii).

Class C Units means the Class C general partner units of the Partnership held by BPI or any Related Party or Class C limited partner units of the Partnership acquired by Holdings LP or a permitted transferee pursuant to the Exchange Agreement (see “The Exchange Rights”), as the case may be.

Class C Units shall have the meaning set forth in the recitals of this Agreement.

Class C Units means the limited liability company interests of the Company designated as “Class C Units” and having the rights set forth in this Agreement.

Class C Units means the Units having the privileges, preferences, and rights specified with respect to “Class C Units” in this Agreement, including those described in Section 7.1(c)(4).