Class of Units definition

Class of Units or “Class” means all Units of the REIT created by the Trustee as a separate Class of Units
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Class of Units or “Class” means all Units of the REIT created by the Trustee as a separate Class of Units and available for issuance;
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Class of Units means, in relation to any Compartment, a category of Units issued in representation of Loan Receivables allocated to such Compartment and giving identical rights to its holder(s); being understood that such Compartment may issue different Classes of Units and/or Notes, which confer different rights to principal and interest and, more generally, over the assets in representation of which such classes of Units are issued.
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Examples of Class of Units in a sentence

  • The gains (or losses) on and the costs of the relevant financial instruments will, however, accrue solely to the relevant Class of Units of the Sub-Fund.

  • Although Units of the different Classes within the relevant Sub-Funds are denominated in a specific currency (the "Pricing Currency" as defined in the Management Regulations), the assets related to a Class of Units of the relevant Sub- Fund may be invested in securities denominated in other currencies.

  • The gains (or losses) on and the costs of the relevant financial instruments will, however, accrue solely to the relevant Class of Units of the Fund.

  • The redemption price equals the Net Asset Value per each Class of Units on the relevant Valuation Day.

  • For the avoidance of doubt, the termination of a Class of Units shall not affect the continuity of any other Class of Units of the Fund.

  • Upon the completion of the termination of that Class of Units, the Trustee and the Manager shall notify the relevant authorities of the completion of the termination of that Class of Units.

  • Within each relevant Sub-Fund, investors may choose the alternative Class features which are most suitable to their individual circumstances, given the amount subscribed and the length of time they expect to hold their Units, among other personal investment criteria, in order to opt for one type of Class of Units or another.

  • The Management Company may also determine a minimum additional subscription amount for Unit Holders wishing to add to their portion of interest a given Class of Units.

  • The Manager may only terminate a particular Class of Units if the termination of that Class of Units does not prejudice the interests of Unit Holders of any other Class of Units.

  • The publication in question shall indicate, in addition, the characteristics of the new Sub-Fund, the new category or Class of Units.


More Definitions of Class of Units

Class of Units means a particular investment which
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Class of Units with respect to Units of the Fund means a class or category of Units, as distinct from another class or category of Units of the Fund, and is distinct from the rights and interest of Units of the other class or category of Units vis-à-vis the respective schemes of the Trust.
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Class of Units means a class of Units of the Partnership being either Class B Units or Class F Units.
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Related to Class of Units

  • 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 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 A LP Units means the Class A limited partnership units of the Partnership.

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

  • LTIP Units means a Partnership Unit which is designated as an LTIP Unit and which has the rights, preferences and other privileges designated in Section 4.6 and elsewhere in this Agreement in respect of holders of LTIP Units. The allocation of LTIP Units among the Partners shall be set forth in the Partner Registry, as it may be amended or restated from time to time.

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

  • Common Units is defined in the Partnership Agreement.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • 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 B Interests As set forth in the Trust Agreement.

  • Class A Common Units means the Company's Class A Common Units.

  • Partnership Units or “Units” has the meaning provided in the Partnership 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.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

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

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

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

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.

  • Membership Units means membership interests in the Company.

  • Special Voting Units means, collectively, special voting units of the REIT, and “Special Voting Unit” means any one of them.

  • Special Limited Partner Interest means the interest of the Special Limited Partner in the Partnership representing its right as the holder of an interest in distributions described in Sections 5.1(b)(iii)(A), (c), (d) and (e) (and any corresponding allocations of income, gain, loss and deduction under this Agreement).