Class B-4 Units definition

Class B-4 Units means a Partnership Interest representing a fractional part of the Partnership Interests of all Limited Partners, and having the rights and obligations specified with respect to Class B-4 Units in this Agreement.
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Class B-4 Units means Class B-4 Units as defined in the Partnership Agreement.
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Class B-4 Units means the Class B-4 Units of limited partnership interests in Evercore LP, which Class B-4 Units shall have the rights, preferences and terms contained in the Amended Evercore Partnership Agreement.
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Examples of Class B-4 Units in a sentence

  • TCP Holdco shall have the right (but not the obligation) (the “Redemption Right”) to require Evercore LP to redeem, at the Redemption Price, all (but not less than all) of the Class B-4 Units (a) at any time within ten (10) Business Days following the fifth anniversary of the Closing or (b) pursuant to Section 5.04(a) of the Strategic Alliance Agreement.

  • The closing of the redemption of the Class B-4 Units pursuant to the Redemption Right shall occur not less than ten (10) and not more than ninety (90) days after delivery of the Redemption Notice or the Trilantic Adverse Determination Notice, as applicable; provided, that to the extent necessary to comply with applicable Law, such period may be extended to one hundred twenty (120) days.

  • TCP Holdco is able to bear the economic risk of the investment in the Class B-4 Units and has such knowledge and experience in financial and business matters, and knowledge of the business of Evercore, Evercore LP and the Evercore Subsidiaries as to be capable of evaluating the merits and risks of a prospective investment.

  • The Trilantic Parties acknowledge that the Class B-4 Units have not been registered under the Securities Act or under any state securities Laws and are being offered and sold in reliance on exemptions from the registration requirements of the Securities Act and all such Laws.


More Definitions of Class B-4 Units

Class B-4 Units means the Class B-4 Units of Parent.
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Class B-4 Units has the meaning set forth in Section 3.7(b).
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Class B-4 Units has the meaning assigned to such term in Section 5.7(b).
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Class B-4 Units. Change of Control Redemption”), (c) at any time, the Partnership shall reacquire all, but not less than all, of the Class B-4 Units in accordance with and subject to the terms of Section 9.1(b) of the Contribution and Exchange Agreement and Section 5.03(b) of the Strategic Alliance Agreement (a “Class B-4 Units Reacquisition”), and (d) immediately following any Class B-4 Units Five-Year Redemption, Class B-4 Units Change of Control Redemption or Class B-4 Units Reacquisition, as applicable, the Class B-4 Units so redeemed or reacquired shall be automatically cancelled by the Partnership and the Partnership shall amend the books and records of the Partnership to reflect such redemption or reacquisition.
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Class B-4 Units shall have the meaning set forth in the preface.
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Related to Class B-4 Units

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B Units means the Class B Units of the Company.

  • Class B Interests As set forth in the Trust Agreement.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Class C Shares means the shares of Class C common stock of the Company.

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Class A Common Units means the Company's Class A Common Units.

  • Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Preferred Units means the Series A Preferred Units and the Series B Preferred Units.

  • Class C Units means the Class C Units of the Company.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Class B-1 Certificates All Certificates bearing the class designation of "Class B-1".

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Class C Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class P," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class B-4 Principal Distribution Amount For any Distribution Date, an amount equal to the lesser of (x) the remaining Principal Distribution Amount for such Distribution Date after distribution of the Class A Principal Distribution Amount, the Class M-1 Principal Distribution Amount, the Class M-2 Principal Distribution Amount, the Class M-3 Principal Distribution Amount, the Class M-4 Principal Distribution Amount, the Class M-5 Principal Distribution Amount, the Class M-6 Principal Distribution Amount, the Class B-1 Principal Distribution Amount, the Class B-2 Principal Distribution Amount and the Class B-3 Principal Distribution Amount and (y) the excess, if any, of (a) the sum of (1) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Class A Principal Distribution Amount on such Distribution Date), (2) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (3) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (4) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (5) the Certificate Principal Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date), (6) the Certificate Principal Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount on such Distribution Date), (7) the Certificate Principal Balance of the Class M-6 Certificates (after taking into account the distribution of the Class M-6 Principal Distribution Amount on such Distribution Date), (8) the Certificate Principal Balance of the Class B-1 Certificates (after taking into account the distribution of the Class B-1 Principal Distribution Amount on such Distribution Date), (9) the Certificate Principal Balance of the Class B-2 Certificates (after taking into account the distribution of the Class B-2 Principal Distribution Amount on such Distribution Date), (10) the Certificate Principal Balance of the Class B-3 Certificates (after taking into account the distribution of the Class B-3 Principal Distribution Amount on such Distribution Date) and (11) the Certificate Principal Balance of the Class B-4 Certificates immediately prior to such Distribution Date, over (b) the lesser of (1) the product of (x) 90.60% and (y) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period, and after reduction for Realized Losses incurred during the prior calendar month), and (2) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period, and after reduction for Realized Losses incurred during the prior calendar month) minus the Overcollateralization Floor.