OP Units means units of limited partnership interest in the Operating Partnership.
Partnership Units or “Units” has the meaning provided in the Partnership Agreement.
LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.
Membership Units means the units into which the ownership interests of the Members in the Company are divided, including such Member’s Economic Interest and the right of such Member to any and all benefits to which such Member may be entitled as provided in this Agreement or under the Act, together with the obligation of such Member to comply with all of the provisions of this Agreement and of the Act.
Class B Units means the Class B Units of the Company.
LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.
Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.
Common Units means common units representing limited partner interests in the Partnership.
Series B Preferred Units means the Partnership's 8 5/8% Series B Cumulative Redeemable Partnership Units.
Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.
Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.
Company Units has the meaning set forth in the Recitals.
Class A LP Units means the Class A limited partnership units of the Partnership.
Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).
LLC Units has the meaning set forth in the LLC Agreement.
Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.
Class B Common Units has the meaning set forth in Section 1(a) hereof.
Class A Common Units means the Company's Class A Common Units.
Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.
Series C Preferred Units shall have the meaning provided in Section 1.
General Partner Units has the meaning assigned to such term in the Partnership Agreement.
Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.
Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.
Initial Common Units means the Common Units sold in the Initial Offering.
Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.