Fractional Units. If as a result of any act of the Trustees hereunder any person becomes entitled to a fraction of a Unit, such person is not entitled to receive a certificate therefor. Fractional Units shall not, except to the extent that they may represent in the aggregate one or more whole Units, entitle the holders thereof to notice of or to attend or to vote at, meetings of Unitholders. Subject to the foregoing, such fractional Units shall have attached thereto the rights, restrictions, conditions and limitations attaching to whole Units in the proportion that they bear to a whole Unit.
Appears in 4 contracts
Samples: Contract of Trust, Contract of Trust, Contract of Trust
Fractional Units. β If as a result of any act of the Trustees hereunder any person Person becomes entitled to a fraction of a Unit, such person is Person shall not be entitled to receive a certificate thereforCertificate therefore. Fractional Units shall not, except to the extent that they may represent in the aggregate one or more whole Units, entitle the holders thereof to notice of or to attend or to vote at, meetings of UnitholdersLimited Partners. Subject to the foregoing, such fractional Units shall have attached thereto the rights, restrictions, conditions and limitations attaching to whole Units in the proportion that they bear to a whole Unit.
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Samples: s22.q4cdn.com, s22.q4cdn.com
Fractional Units. If as a result of any act of the Trustees hereunder any person Person becomes entitled to a fraction of a Unit, such person is Person shall not be entitled to receive a certificate thereforCertificate therefore. Fractional Units shall not, except to the extent that they may represent in the aggregate one or more whole Units, entitle the holders thereof to notice of or to attend or to vote at, meetings of UnitholdersLimited Partners. Subject to the foregoing, such fractional Units shall have attached thereto the rights, restrictions, conditions and limitations attaching to whole Units in the proportion that they bear to a whole Unit.
Appears in 2 contracts
Samples: q4live.s22.clientfiles.s3-website-us-east-1.amazonaws.com, s22.q4cdn.com
Fractional Units. If as a result of any act of the Trustees hereunder any person Person becomes entitled to a fraction of a Unit, such person is Person shall not be entitled to receive a certificate therefortherefore. Fractional Units shall not, except to the extent that they may represent in the aggregate one or more whole Units, entitle the holders thereof to notice of or to attend or to vote at, meetings of UnitholdersLimited Partners. Subject to the foregoing, such fractional Units shall have attached thereto the rights, restrictions, conditions and limitations attaching to whole Units in the proportion that they bear to a whole Unit.
Appears in 1 contract
Samples: q4live.s22.clientfiles.s3-website-us-east-1.amazonaws.com
Fractional Units. If as a result of any act of the Trustees General Partner hereunder any person becomes entitled to a fraction of a Unit, such person is shall not be entitled to receive a certificate therefor. Fractional Units shall not, except to the extent that they may represent in the aggregate one or more whole Units, entitle the holders thereof to notice of or to attend or to vote at, meetings of Unitholders. Subject to the foregoing, such fractional Units shall have attached thereto the rights, restrictions, conditions and limitations attaching to whole Units in the proportion that they bear to a whole Unit.
Appears in 1 contract
Samples: Partnership Agreement