Class A LP Unit definition

Class A LP Unit means a unit of interest in the LP designated as a Class A LP Unit and having the rights and attributes described in the LP Agreement with respect thereto;
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Class A LP Unit means the Class A limited partnership units of the Partnership.
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Class A LP Unit means a voting Class A limited partnership unit of the Partnership.
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Examples of Class A LP Unit in a sentence

  • Class A LP partners have 20 votes for each Class A LP Unit held, Class B LP and Class D LP partners have one vote for each Class B LP Unit or Class D LP Unit held, respectively, and Class C LP, Class E LP and Class F LP partners have no votes at meetings of the LP.

  • The purpose of the Catch-up Payment is to ensure that distributions on the Class B LP Units are equal to Class A LP Unit distributions, on a per unit basis, which reflect, in part, payments received by the Trust on the Galaxy Notes.

  • Upon conversion of the Convertible Debentures, the Class C LP Units will automatically adjust such that each Class C LP Unit will receive distributions in the same manner as the distributions are made for a corresponding Class A LP Unit.

  • The rate at which Class A LP Units shall be delivered upon conversion of Class C LP Units shall initially be one Class A LP Unit for each Class C LP Unit, and shall be adjusted to reflect any Recapitalization occurring after the Effective Time.

  • The holders of the Class A LP Units shall have the right to one vote for each Class A LP Unit held in respect of all matters to be decided by the Limited Partners.


More Definitions of Class A LP Unit

Class A LP Unit means a voting Class A limited partnership unit of the Partnership. “Class A Trust Unit” means a voting Class A trust unit of the Issuer.
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Class A LP Unit means a unit of interest in PRO REIT LP designated as a Class A LP Unit and having the rights and attributes described in the PRO REIT LP Agreement;
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Class A LP Unit has the meaning set forth in the recitals to this Agreements.
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Class A LP Unit means a limited partnership unit in the form attached as Schedule A with the rights, privileges, restrictions and conditions contained in this Agreement.
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Class A LP Unit means a Class A limited partnership unit of the Partnership; “Closing” means the closing of the Element Acquisition and related transactions;
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Class A LP Unit has the meaning set out in Section 9.1.
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Class A LP Unit means a voting class A limited partnership unit of Skyline Clean Energy LP.
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