Ares Operating Group Unit definition

Ares Operating Group Unit means, collectively, one Ares Holdings Unit, one Ares Investments Unit and one Ares Offshore Unit.
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Ares Operating Group Unit means, collectively, one “Class A Unit” in each of Ares Holdings, Ares Investments and Ares Offshore (and any future entity designated as an Ares Operating Group entity hereunder) issued under its respective Ares Operating Group Governing Agreement.
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Ares Operating Group Unit means, collectively, one partnership unit in each of the Ares Operating Group Entities.
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Examples of Ares Operating Group Unit in a sentence

  • Except as may be required in the immediately preceding sentence, no adjustments in respect of distributions shall be made upon the Exchange of any Ares Operating Group Unit.

  • The determination of the General Partner as to whether a holder of a Special Voting Unit is the record holder of an Ares Operating Group Unit (other than the Partnership and its Subsidiaries) or remains the Record Holder of such Special Voting Unit shall be made in its sole discretion, which determination shall be conclusive and binding on all Partners.

  • The determination of the General Partner as to whether a holder of a Special Voting Share is the record holder of an Ares Operating Group Unit (other than the Company and its Subsidiaries) or remains the Record Holder of such Special Voting Share shall be made in its sole discretion, which determination shall be conclusive and binding on all Partners.


More Definitions of Ares Operating Group Unit

Ares Operating Group Unit has the meaning ascribed to such term in the Issuer LP Agreement.
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Ares Operating Group Unit shall have the meaning assigned to it in the Certificate of Incorporation.
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Ares Operating Group Unit has the meaning given to it in the Ares Charter.
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Related to Ares Operating Group Unit

  • Management Unit means an area established by the Commission for management purposes.

  • Partnership Unit Economic Balance means (i) the Capital Account balance of the General Partner plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in each case to the extent attributable to the General Partner’s Partnership Units divided by (ii) the number of the General Partner’s Partnership Units.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Class C operator means the individual responsible for initially addressing emergencies presented by a spill or release from an UST system. The Class C operator typically controls or monitors the dispensing or sale of regulated substances.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Ares means Ares Management LLC and its affiliated or managed funds and their respective Affiliates.

  • Class B operator means the individual who has day-to-day responsibility for implementing applicable regulatory requirements established by the department. The Class B operator typically implements in-field aspects of operation, maintenance, and associated record keeping for the UST systems.

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities, including any temporary association of undertakings, which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Class A Members means those Members who have purchased Class A Interests.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Common Member means a Member holding Common Units.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Partnership Representative has the meaning set forth in Section 5.2(a).

  • Operating Unit means, for purposes of this part, primary and constituent operating units designated as such in the Department Order Series of the De- partment of Commerce and, in addi- tion, the Office of the Secretary.

  • Common Unit Economic Balance means (i) the Capital Account balance of the General Partner, plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to the General Partner’s ownership of Partnership Common Units and computed on a hypothetical basis after taking into account all allocations through the date on which any allocation is made under Section 6.2.D hereof, divided by (ii) the number of the General Partner’s Partnership Common Units.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.