Convertible Preferred Units definition

Convertible Preferred Units has the meaning assigned in Section 3.8.2(a) hereof.
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Convertible Preferred Units means the Series A Convertible Preferred Units issued by the Parent pursuant to the Partnership Agreement, the Series B Convertible Units issued by the Parent pursuant to the Partnership Agreement, the Series C Convertible Units issued by the Parent pursuant to the Partnership Agreement and the Series D Convertible Units issued by the Parent pursuant to the Partnership Agreement.
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Convertible Preferred Units means the Class C Units (as defined in the Limited Partnership Agreement) of the Operating Partnership.
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Examples of Convertible Preferred Units in a sentence

  • A series of Preferred Units designated as “Series A Cumulative Convertible Preferred Units” (such Series A Cumulative Convertible Preferred Units, together with any Series A PIK Units, the “Series A Preferred Units”), is hereby designated and created, and the preferences, rights, powers and duties of the holders of the Series A Preferred Units are set forth herein, including this Section 5.12.

  • On the Class C Issue Date, the Class C Convertible Preferred Units shall be issued by the Partnership pursuant to the terms and conditions of the Purchase Agreement.

  • All transfers of Class C Convertible Preferred Units and Common Units that have resulted from the conversion of a Class C Convertible Preferred Unit pursuant to Section 5.12(b)(vii) will be subject to restrictions and limitations on transfer in accordance with Article IV.

  • The Class C Convertible Preferred Units shall be allocated items of Partnership income, gain, loss, deduction and credits in accordance with Section 6.1 and 6.2.

  • The Certificates evidencing Class C Convertible Preferred Units shall be separately identified and shall not bear the same CUSIP number as the Certificates evidencing Common Units.


More Definitions of Convertible Preferred Units

Convertible Preferred Units means any Preferred Units that are convertible, directly or indirectly, into Units.
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Convertible Preferred Units means the Partnership Units designated as Convertible Preferred Units under, and as otherwise defined and described in, the Partnership Agreement.
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Convertible Preferred Units means the Series A Convertible Preferred Units and the Series B Convertible Preferred Units.
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Convertible Preferred Units means the Units designated as Series A Cumulative Convertible Preferred Units under this Agreement, received by the Managing General Partner in exchange for a portion of its capital contribution, having the rights described in this Agreement. The initial number of Convertible Preferred Units outstanding is as set forth on Exhibit A.
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Convertible Preferred Units means Units entitled to a specified rate of return on contributed capital and convertible into Common Units.
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Convertible Preferred Units means the Partnership Units designated as Convertible Preferred Units under this Agreement having the rights described in this Agreement. The number of Convertible Preferred Units outstanding from time to time is as set forth on EXHIBIT A, as amended by the General Partner from time to time.
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Convertible Preferred Units means the Partnership Units of the General Partner representing the Capital Contribution of the Convertible Note proceeds, as set forth in Section 2.2(i) of the Agreement. For the purposes of this Agreement, if the proceeds actually received by the General Partner are less than the gross proceeds of the issuance of the Convertible Notes as a result of any discount, placement fee or other expenses paid or incurred in connection with such issuance (including, without limitation, the expense of General Partner in purchasing the Call Options), then the General Partner
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