Class A Preferred Units definition

Class A Preferred Units means the Class A Preferred Units, as defined in the LLC Agreement.
Class A Preferred Units means a class of the Company Interests issued as an equal, fractional, undivided share of the Company Interests, which have been designated as the Class A Preferred Units, with the designations, preferences and relative participating, optional and other special rights, powers and duties set forth in Annex A hereto. The ownership of Class A Preferred Units may be evidenced by a certificate in a form approved by the Administrative Member.
Class A Preferred Units means any Unit denominated "Class A Preferred."

Examples of Class A Preferred Units in a sentence

  • In exchange for the Preferred Member’s contribution of cash under Section 2.03(a) of this Agreement, the Company shall issue the Preferred Member the number of Class A Preferred Units set opposite its name on Schedule A of this Agreement at a price of $10.00 per Class A Preferred Unit.

  • At any time after the Redemption Date, the Company may, at its election, require the Preferred Members or any holder of the Class A Preferred Units to sell to the Company all or any portion of such Units for the Redemption Price.

  • Except as otherwise provided by this Agreement or as otherwise required by the Delaware Act or Applicable Law, each Member shall be entitled to one vote per Class A Common Unit on all matters upon which the Members shall have the right to vote under this Agreement, and the Class A Preferred Units shall not entitle the holders thereof to vote on any matters required or permitted to be voted on by the Members.


More Definitions of Class A Preferred Units

Class A Preferred Units means BEP’s Class A Preferred Limited Partnership Units, issuable in series (which includes the Series 5, Series 7, Series 8, Series 9, Series 10, Series 11, Series 12, Series 13, Series 14, Series 15, Series 16 and Series 17 Preferred Units), of BEP.
Class A Preferred Units means the Units having the privileges, preference, duties, liabilities, obligations and rights specified with respect to "Class A Preferred Units" in this Agreement.
Class A Preferred Units means BEP’s Class A Preferred Limited Partnership Units, issuable in series.
Class A Preferred Units has the meaning specified in Section 3.2(b).
Class A Preferred Units shall have the meaning set forth in the Partnership Agreement.
Class A Preferred Units has the meaning given to such term in the Amended and Restated Operating Agreement.
Class A Preferred Units has the meaning given that term in the Operating Agreement.