Carry Units definition

Carry Units means the Units having the privileges, preferences, duties, liabilities, obligations and rights specified with respect to “Carry Units” in this Agreement.
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Carry Units means a “Common Unit” as defined in the Carry LPA.
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Carry Units means, collectively: the limited partnership interests in respect of Carry Vehicles (together with attendant Carry Points (as defined in the partnership agreement of each Advisory Client)), and the Sponsor Units in the SITE Trusts, as set forth in Part III of Exhibit C.
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Examples of Carry Units in a sentence

  • The residual performance on Sub-Fund’s Carry Units are attributable to the shareholders of the Company (see note 11.4).

  • The residual performance on Sub-Fund’s Carry Units are attributable to the shareholders of the Company.

  • The Carry Units are intended to qualify as “profits interests” within the meaning of Internal Revenue Service Revenue Procedures 93-27 and 2001-43, Internal Revenue Service Notice 2005-43, and any future Internal Revenue Service guidance.

  • The next step in this process is to generate the entire set of baseline metrics and establish a method for annual monitoring.

  • PubCo and its Subsidiaries (including the General Partner) may, subject to the limitations of this Agreement (including Section 3.4) and the Carry LPA (as applicable) acquire Partnership Interests, Carry Units and Carry GP Units, and shall be entitled to exercise all rights of a Partner relating to such Partnership Interests, Carry Units and Carry GP Units (pursuant to and in accordance with the Carry LPA).

  • The Board shall be comprised of two managers (each, a “Manager” and together, the “Managers”) who shall be elected by the Members holding Carry Units, and who shall initially be TN and HW.

  • The General Partner may also issue additional Carry Units to existing Limited Partners; provided, however, that in no case shall there be more than 1,500 Carry Units outstanding.

  • Each Limited Partner shall make a Capital Contribution in connection with such Limited Partner’s admission to the Partnership equal to the product of (a) $10 multiplied by (b) the number of Carry Units awarded to such Limited Partner as shown on Exhibit I, as amended from time to time (“Carry Units”).

  • As of the date hereof, two Carry Units are issued and outstanding in the amounts set forth on the Members Schedule opposite each Member’s name.

  • The General Partner may from time to time admit one or more Persons as additional Limited Partners by allocating Carry Units to them.

Related to Carry Units

  • Common Units is defined in the Partnership Agreement.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.