Common use of Issue of additional Units Clause in Contracts

Issue of additional Units. Subject to clause 6.8, where the Trustee has issued Units in any Class, the Trustee may issue additional Units in that Class: (a) to all existing Unit Holders of that Class proportionately to their respective existing holdings or in proportions agreed between them; or (b) to an Eligible Investor that is not an existing Unit Holder of that Class, with the approval of: (i) a Special Resolution of the Unit Holders holding Ordinary Units; and (ii) where there are Preference Units on issue, a Unanimous Resolution of the Unit Holders holding Preference Units.