Class B LP2 Units definition

Class B LP2 Units means Class B limited partnership units of Limited Partnership 2, which are economically equivalent to Class U Units (subject to certain adjustments) and redeemable for cash or Class U Units, as determined by the General Partner in its sole discretion.
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Class B LP2 Units means class B limited partnership units of Limited Partnership 2; “Class C LP2 Units” means class C limited partnership units of Limited Partnership 2; “Closing” has the meaning ascribed thereto on the cover page of this Prospectus Supplement;
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Class B LP2 Units means class B limited partnership units of Limited Partnership 2; “Class C LP2 Units” means class C limited partnership units of Limited Partnership 2;
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Examples of Class B LP2 Units in a sentence

  • GAR C Units Holders of GAR C Units will receive, at their election, either Class U Units or Class B LP2 Units Amendments to the SUSO 1 Declaration of Trust In order to give effect to the Combination Transaction, certain amendments (the “Proposed Amendments”) will be made to the SUSO 1 declaration of trust (following the approval of the Proposed Amendments by the SUSO 1 Unitholders, the “REIT Declaration of Trust”).

  • GAR A Units Holders of GAR A Units will receive, at their election, either Class U Units or Class B LP2 Units.


More Definitions of Class B LP2 Units

Class B LP2 Units means class B limited partnership units of Limited Partnership 2; “Class C LP2 Units” means class C limited partnership units of Limited Partnership 2; “Code” means the United States Internal Revenue Code of 1986, as amended;
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Related to Class B LP2 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 Common Units has the meaning set forth in Section 1(a) hereof.

  • 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 A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

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

  • Common Units is defined in the Partnership Agreement.

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

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

  • 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 B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto 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 one year.

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

  • Class C Units The term "Class C Units" shall have the meaning set forth in the preface.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • 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 C Shares means shares of the Class C Common Stock.

  • 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.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

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

  • Class I Shares means Class I Shares in the Company as set forth in the relevant

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.