Class A Special Unit Holder definition
Examples of Class A Special Unit Holder in a sentence
The Incentive Distribution is payable 50% in cash and 50% in either REIT Shares of the General Partner or OP Units, as determined by the General Partner in its discretion, within five business days after delivery to the General Partner of the written statement from the Class A Special Unit Holder setting forth the computation of the Incentive Distribution for such quarter.
The Class A Special Unit Holder may not sell or otherwise dispose of any portion of the Incentive Distribution issued to it in REIT Shares of the General Partner or OP Units until after the three- year anniversary of the Effective Date.
The Class A Special Unit Holder may not sell or otherwise dispose of any portion of the Incentive Distribution issued to it in REIT Shares of the General Partner or OP Units until after the three-year anniversary of the Effective Date.
The Incentive Distribution is payable 50% in cash and 50% in either the common stock of the General Partner or OP Units, as determined by the General Partner in its discretion, within five business days after delivery to the General Partner of the written statement from the Class A Special Unit Holder setting forth the computation of the Incentive Distribution for such quarter.
The Class A Special Unit Holder may not sell or otherwise dispose of any portion of the Incentive Distribution issued to it in common stock of the General Partner or OP Units until after the three-year anniversary of the date that such shares of common stock of the General Partner or OP Units were issued to the Class A Special Unit Holder.
This Agreement shall be signed and delivered by the Parties in one or more copies of the official text.