Class A Conversion Rate means a number of Common Units, rounded down to the nearest whole number, equal to the quotient of (a) the Class A Preferred Unit Price divided by (b) the Class A Conversion Price.
Class A Conversion Rate means the fraction, the numerator of which is the Net Asset Value Per Unit for each Class A Unit and the denominator of which is the Net Asset Value Per Unit for each Class I Unit.
Class A Conversion Rate means, as adjusted pursuant to Section 5.12(b)(iv)(F), the quotient of (a) the sum of (i) the Class A Issue Price, plus (ii) any Class A Unpaid Distributions on the applicable Class A Preferred Unit, divided by (b) the Class A Issue Price.
Examples of Class A Conversion Rate in a sentence
Each Class A Preferred Unit converted into Common Units pursuant to this Section 5.12(d)(i) shall be converted into a number of Common Units equal to the Class A Conversion Rate then in effect.
More Definitions of Class A Conversion Rate
Class A Conversion Rate has the meaning specified in Section 14.1 hereof.
Class A Conversion Rate means the ratio at which Class A Shares are converted into Ordinary Shares which shall be ten (10) Class A Shares for one (1) Ordinary Share, subject to such adjustments as may be made from time to time in accordance with this Agreement and the Articles;
Class A Conversion Rate means the fraction, the numerator of which is the Class A NAV Per Share and the denominator of which is the Class I NAV Per Share.
Class A Conversion Rate means the number (calculated to the third decimal place, and the digit in the third decimal place will be omitted) obtained by dividing the Class A Investment Amount (defined in 13.(2) below; hereinafter the same) at that time by the Class A Conversion Price (defined in 15.(3) below; hereinafter the same).
Class A Conversion Rate means, as adjusted pursuant to Section 5.12(b)(iv)(F), the quotient of (a) the sum of (i) the Class A
Class A Conversion Rate means a fraction, the numerator of which is the net asset value of the Trust allocable to the Class A Common Shares determined as described in the Class A PPM, divided by the number of outstanding Class A Common Shares, and the denominator of which is the net asset value of the Trust allocable to the Class I Common Shares determined as described in the Class A PPM, divided by the number of outstanding Class I Common Shares immediately prior to the Conversion Event.
Class A Conversion Rate means a fraction, the numerator of which is the net asset value of the General Partner allocable to the Class A REIT Shares determined as described in the Class A Offering Memorandum, divided by the number of outstanding Class A REIT Shares, and the denominator of which is the net asset value of the General Partner allocable to the Class I Common Shares determined as described in Class A Offering Memorandum, divided by the number of outstanding Class I Common Shares immediately prior to the Conversion Event.