Class E Units. Class E Units are sold at net asset value, without an initial sales charge. However, Class E Units bear an ongoing annual account servicing fee equal to 0.25% of the value of the Class E Units. This fee is accrued daily and reflected in the NAV of each Portfolio, and is paid to the broker or financial adviser of the Account Owner.
Class E Units. (a) The General Partner hereby designates and creates and authorizes for issuance a class of Units to be designated as “Class E Units,” consisting of a total of 18,114,975 Class E Units, and fixes the preferences and the relative, participating, optional and other special rights, powers and duties pertaining to the Class E Units as set forth herein. Immediately following the Class E Unit Issuance Date and thereafter, except as otherwise provided in Section 4.17(j), no additional Class E Units shall be designated, created or issued without the prior written approval of the General Partner and the holders of a majority of the Outstanding Class E Units.
Class E Units. Except as described in Section 4.2(c), each Partnership Unit outstanding immediately before the effective date of this Agreement is hereby reclassified as a Class E Unit, having the rights and subject to the obligations attributed to Class E Units under this Agreement.
Class E Units. The Board of Managers is hereby expressly authorized to provide for, and issue, one or more series of Class E Units and, with respect to each such series, establish the Applicable Series E Conversion Price. Concurrently with the authorization of such series of Class E Units, a member of the Board of Managers, or the Company’s general counsel, shall execute a “Series E Designation Certificate” (substantially in the form attached hereto as Exhibit C), which certificate will confirm the (i) establishment by the Board of Managers of a series of Class E Units to be issued and (ii) establish the Applicable Series E Conversion Price for such series of Class E Units. Each Class E Unit, regardless of series, shall have the following rights only:
Class E Units. Under the authority granted to it by Section 4.2.A hereof, the General Partner hereby establishes an additional class of Partnership Units entitled "Class E Units." Class E Units shall have the same designations, preferences, rights, powers and duties as Class A Units. Notwithstanding the preceding sentence, holders of Class E Units shall be entitled to a special allocation of losses from the Partnership in the aggregate amount of $50,000 per year for a period of twenty-eight (28) years from the date of issuance of such Class E Units.
Class E Units. Are not entitled to voting rights. Participation in distributions issued by the Company will depend on the gross income generated by this Class and shall be determined at the sole discretion of the Board from time to time. This class shall not participate in the losses of the Company.
Class E Units. The term “Class E Units” shall have the meaning set forth in the preface.
Class E Units. The number of Purchased Class E Units to be issued and sold to each Purchaser shall be equal to the quotient determined by dividing (i) the amount for such Purchaser under the column entitled “Class E Units” on Schedule 2.01 (including any increase in such number of Class E Units as a result of the proviso contained in Section 2.01(a)) by (ii) the Class E Unit Price (as defined in Section 2.01(c) below), which quotient shall be rounded, if necessary, down to the nearest whole number. The Purchased Class E Units shall have those rights, preferences, privileges and restrictions governing the Class E Units, which shall be reflected in the Limited Liability Company Agreement, as amended by the Class E Amendment.
Class E Units. The Class E Units shall vest in accordance with the provisions set forth on Schedule B hereto.
Class E Units
