GP Unit definition

GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

GP Unit means a unit representing a general partner interest in the Partnership and designated in the Register as a GP Unit, as subdivided, reclassified or otherwise modified from time to time in accordance with this Agreement.

GP Unit means a Partnership Interest issued pursuant to Section 4.1 and representing a general partner's interest in the Partnership.

Examples of GP Unit in a sentence

• There shall be no Disposition of the GP Unit or the Units except in accordance with the Ottawa 67’s Shareholder’s Agreement and the Project Agreement.

• There shall be no Disposition of the GP Unit or the Units except in accordance with the Retail Shareholder’s Agreement and the Project Agreement.

• The General Partner and each Limited Partner will have the right to allocations of Net Income, Net Loss, Taxable Income and Tax Loss and distributions from the Partnership in respect of each GP Unit or LP Unit held by such Partner as is set forth in this Agreement.

• The initial contribution of the Partners to the Partnership shall be made as follows: Capital Nbr of Units % General Partner 100,- USD 1 GP Unit 4,76 % Initial Limited Partner 2.000,- USD 20 Class F LP Units 95,24 % Total 2.100,- USD 21 Units 100,00 % All subsequent issues of Units after the Initial Subscription Period will be issued based on the Net Asset Value (“NAV”).

• There shall be no Disposition of the GP Unit or the Units except in accordance with the CFL Team Shareholder’s Agreement and the Project Agreement.

More Definitions of GP Unit

GP Unit means a “General Partner Unit” as such term is defined in the Partnership Agreement.

GP Unit has the meaning assigned to it in the Partnership Agreement.

GP Unit has the meaning given to such term in Section 3.1(b);

GP Unit means a unit representing the general partner interest in the Partnership.

GP Unit means the general partnership units of Energy owned by the GP.

GP Unit has the meaning set forth in the recitals hereof.

GP Unit means a unit representing the ownership interest of a general partner in and to a limited partnership.