Unitholder Rights. You shall have no rights as a unitholder of the Partnership based on your Performance Units.
Unitholder Rights. (a) Upon the Closing, Recipient shall have (i) all of the rights and status as a holder of unvested Restricted Class B Units with respect to the unvested Restricted Class B Units and (ii) all of the rights and status as a holder of Vested Class B Units with respect to Vested Class B Units, in each case as such rights and status are provided in this Agreement and the LLC Agreement.
Unitholder Rights. You, or your estate or heirs, have no rights as a unitholder of the Company under the LLC Agreement until (i) a certificate for your option’s Units has been issued, and (ii) you have executed the LLC Agreement and the Securityholders’ Agreement. No adjustments are made for distributions or other rights if the applicable record date occurs before your Unit certificate is issued, except as described in the Plan.
Unitholder Rights. You shall have no rights as a unitholder of the Partnership based on your Phantom Units.
Unitholder Rights. Unitholders shall have no rights other than those rights expressly provided for unitholders herein or added by amendment hereto.
Unitholder Rights. Principle 15:
Unitholder Rights. Subject to the provisions of the Plan and this Agreement, the holder thereof shall have all the rights of a unitholder of the Company with respect to the Units subject to this Award, including the right to vote such units and receive dividends thereon, from the Date of Grant.
Unitholder Rights. Upon registration of the Restricted Units in the Executive’s name, and the execution and delivery by the Executive of the Partnership Agreement, the Executive shall have, upon the vesting of the Restricted Units in accordance with this Agreement and subject to the provisions of this Agreement, all of the rights and status as a holder of Common Series C Units, including the right to receive Distributions thereon (if any) in accordance with the terms of the Partnership Agreement.
Unitholder Rights. The Director will have the right to receive any distributions with respect to the Restricted Units (which shall be payable to the Director at the same time and in the same form as to any other common unitholder of record of the Partnership) and will have the right to vote the Restricted Units, both vested and unvested.
Unitholder Rights. (a) Upon the execution by Recipient of this Award and the LLC Agreement and upon the satisfaction of the other conditions described in Section 2 above, Recipient shall have all of the rights, status and obligations as a holder of the Restricted Units, including the right to receive distributions thereon in accordance with the terms of the LLC Agreement and this Award.
