Class Z Units definition

Class Z Units means “Class Z Units” as defined in that certain Second Amended and Restated Operating Agreement, dated as of November 20, 2006, as amended, of SPP LLC.
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Class Z Units is defined in Section 7.1.
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Class Z Units means the Class Z-A Units, the Class Z-B-1 Units and the Class Z-B-2 Units).
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Examples of Class Z Units in a sentence

  • Subscriptions for all types of Class Z Units will only be accepted from other Sub-Funds of the Fund, from investors who have entered into a separate arrangement (legal agreement) with the Manager or its delegate or on behalf of feeder funds whose investment objective is to invest in the relevant Sub-Fund.

  • The Sub-Funds of the Fund and any other fund for which the Manager or any of its affiliates may serve as manager or investment manager may also invest in Class Z Units.

  • Class Z Units are offered primarily to clients of the Investment Manager or its affiliates pursuant to an investment management agreement.

  • For the purposes of the switch, we may waive in whole or in part the subscription fee for the new units and/or the Realisation Fee (if any).Other salient terms:• Switches will be at our discretion.• You may switch into Class B Units, Class T Units and Class Z Units of a Sub-Fund only with our prior written approval.

  • Although listing on Euronext Dublin may be investigated in the future, there is no current intention to apply for listing of the Class Z Units of the Fund on any stock exchange.

  • Investments made under this PDS are for units in Class Z of the Scheme, and the rights and entitlements disclosed in this PDS are specific to the Class Z Units.

  • For the purposes of the switch, we may waive in whole or in part the subscription fee for the new units and/or the realisation fee (if any).Other salient terms:• Switches will be at our discretion.• You may switch into Class B Units, Class T Units, Class U Units and Class Z Units of a Fund only with our prior written approval.

  • Having finished the training course, the researcher administered the study instruments.

  • Education, Agency, and Power among Macedonian Muslim Romani Women in New York City.

  • A reference to a 'unit' in this PDS, is a reference to the Class Z units of the Scheme.A 'unit price' for Class Z is generally calculated for each Business Day based on Class Z Unit's share of the Scheme's net asset value.


More Definitions of Class Z Units

Class Z Units means the Class Z Common Units of the Company.
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Class Z Units shall have the meaning set forth in the Operating Agreement.
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Related to Class Z Units

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

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

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

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

  • Common Units is defined in the Partnership Agreement.

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

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

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

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

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

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

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

  • 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 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.

  • OP Units means units of limited partnership interest in the Operating Partnership.

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

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

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

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).