Class B Unit Holder(s) definition

Class B Unit Holder(s) means the owner(s) of one or more Class B Units.
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Class B Unit Holder(s) means the registered holders from time to time of the Class B exchangeable limited partnership units of the Partnership, excluding New Transit and its Affiliates;
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Class B Unit Holder(s) means collectively, each individual that owns Class B Units as set forth on Schedule 3.3(a).
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Examples of Class B Unit Holder(s) in a sentence

  • Distributions to Class A Unit Holders shall not be made unless distributions are first made to Class B Unit Holders in accordance with their respective Profits and Losses percentages set forth beside their names on Schedule A.

  • As a result of that acquisition, Class B Unit Holders received consideration of approximately $1,200 per Unit.

  • The sole difference between the different Classes is that the Delegate shall waive its right to receive delegation fee payable out of the Management Fee with respect to the Class B Units and that, as a result thereof, Class B Unit Holders shall pay a lower Management Fee.

  • Class B Preferred Units are nonmember, nonvoting Units, and Class B Unit Holders are not Members of this Cooperative and shall have no voting rights in this Cooperative solely by virtue of their ownership of Class B Preferred Units.

  • I have received and read a copy to the Private Placement Memorandum dated June 27, 2019, and am familiar with the terms of the offering, including but not limited to the fact that there are current Class B Unit Holders.

  • In the event that the Company liquidates before the Class B Units have been terminated, the Class B Unit Holders shall have receive a 1X liquidation preference, and only if there is remaining proceeds from the liquidation will the Class A Units receive liquidation proceeds.

  • The School’s disciplinary policy which is current at the time and published on the School website applies to all pupils at the School and at all times when the Pupil is in or at school (including when engaged in online or remote learning), representing the School or wearing School uniform, travelling to or from School, on School-organised trips or associated with the School at any time.

  • Notwithstanding the foregoing, this Agreement may not be amended, and no provision hereof may be waived, in each case, in any way which would adversely affect the rights of the Class B Unit Holders hereunder in a manner disproportionate to any adverse effect such amendment or waiver would have on the rights of the Class A Unit Holders hereunder, without also the written consent of the holders of fifty- one percent (51%) of the voting power of the Class B Unit Holders.

  • In general, profits and losses of the Company will be allocated to the Class B Unit Holders in a manner that builds the Class B Unit Holders' capital accounts to levels necessary to support the priority of distributions described herein.

  • Distributions to made in the following order of priority: First, Seventy-Five percent (75%) to the Class A Unit Holders; and Second, Twenty-Five percent (25%) to the Class B Unit Holders.


More Definitions of Class B Unit Holder(s)

Class B Unit Holder(s) means all Class B Unit Holders. Class B Unit Holders may be designated with respect to specific types or classes of Class B Units.
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Class B Unit Holder(s) means the owner of one or more Class B Units regardless of whether they are Members.
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Related to Class B Unit Holder(s)

  • Unit Holders means all Unit Holders.

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

  • Class B Members means any Persons to whom Class B Membership Units are issued, and any assignee or transferee of such Persons permitted under the terms of this Agreement, and any other Person admitted to the Company in the future as a Class B Member pursuant to the terms hereof. The names of the Class B Members, and the Percentage Interests allocated to each such Class B Member, shall be reflected in the books and records of the Company.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Unitholders means the holders of Units.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • 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.

  • Unit Holder means the owner of one or more Units.

  • 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.

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

  • Class A Members means those Members who have purchased Class A Interests.

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

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

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

  • Preferred Member means a Member holding Preferred Units.

  • LTIP Unitholder means a Partner that holds LTIP 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 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 Member means a Member holding one or more Class A Ordinary Shares.

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • Preferred Holders means the record owners of outstanding Preferred Securities.

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.