Class A Special Units definition

Class A Special Units means the special class of Units issued to Tejas, as described in Section 5.3(d).

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Class A Special Units means the special class of Units designated and created pursuant to Section 5.12.

Class A Special Units means the special class of Units issued to Tejas, as described in Section 5.3(d). “Class B Conversion Effective Date” has the meaning assigned to such term in Section 5.12(f).

Examples of Class A Special Units in a sentence

Upon the issuance by the Partnership of Class A Special Units to Tejas as described in Section 5.3, the General Partner admitted Tejas to the Partnership as an Initial Limited Partner in respect of the Class A Special Units issued to Tejas.
The Class A Special Units issued hereunder shall be deemed to be Parity Units.
A proposed amendment that adversely alters the powers, obligations or special rights of the Class A Special Units set forth herein shall be effective upon its approval by the holders of a majority of the Class A Special Units.
Upon a request from the General Partner, Partners holding Class A Special Units converted pursuant to Section 5.12(a) shall surrender the Certificates evidencing such Class A Special Units in exchange for Certificates issued in accordance with Section 4.1.
If the transferor has not retained any Subordinated Units, converted Subordinated Units or converted Class A Special Units, any remaining balance in such Capital Account will be retained by transferor, such Capital Account interest having rights to receive distributions pursuant to Section 12.4(c) and being allocated Net Termination Losses pursuant to Section 6.1(c)(ii)(C).
The purpose of this allocation is to establish uniformity between the Capital Accounts underlying converted Class A Special Units and the Capital Accounts underlying Common Units held by Persons other than the General Partner and its Affiliates immediately prior to the conversion of such Class A Special Units into Common Units.
In connection with the issuance of the Series 2002B Class A Special Units pursuant to this Section 5.3(d), the Net Agreed Value of Tejas’ initial Capital Contribution was increased by an amount equal to the fair market value of such Series 2002B Class A Special Units discounted at a 5.42% rate to September 17, 1999.
All of the Class A Special Units have been converted, in accordance with the terms of this Agreement, into Common Units.
The General Partner may be removed if such removal is approved by Unitholders holding at least 66% of the Outstanding Units (including Units held by the General Partner and its Affiliates but excluding Class A Special Units).
Upon the Partnership's issuance of Common Units, Subordinated Units or Class A Special Units to any Person, the Partnership shall issue one or more Certificates in the name of such Person evidencing the number of such Units being so issued.

More Definitions of Class A Special Units

Class A Special Units means the special class of Units issued to Tejas, as described in Section 5.3(d). “Closing Date” means July 31, 1998.

Class A Special Units means the special class of Units issued to Tejas, as described in Section 5.3(d). ‘‘Closing Date’’ means July 31, 1998. ‘‘Closing Price’’ has the meaning assigned to such term in Section 15.1(a). ‘‘Code’’ means the Internal Revenue Code of 1986, as amended and in effect from time to time and as interpreted by the applicable regulations thereunder. Any reference herein to a specific section or sections of the Code shall be deemed to include a reference to any corresponding provision of successor law. ‘‘Combined Interest’’ has the meaning assigned to such term in Section 11.3(a). ‘‘Commission’’ means the United States Securities and Exchange Commission.