Class B Unitholder definition

Class B Unitholder means a holder of Class B Units.

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Class B Unitholder means a holder of a Class B Unit;

Class B Unitholder means at any time a Person that is a limited partner or the Managing GP and who is the beneficial owner of one or more Class B Units;

Examples of Class B Unitholder in a sentence

Upon the occurrence of an event referenced in clause (y) above, each Class B Unitholder shall also be paid such Class B Unitholder’s Class B Preferred Return Base Amount, in addition to all of the outstanding, accrued and unpaid Class B Preferred Return Amount.
A Class B Unitholder desiring to exercise its Redemption Right (the “Redeeming Member”) shall exercise such right by giving written notice (the “Redemption Notice”) to the Company with a copy to the Manager, to Acreage and to Pubco.
Following the conversion of all of the Class B Units to Class A Units or upon the lapse of the right to convert Class B Units, any remaining balance of the Deferred Account shall be transferred to any General Partner Capital Account of the subject Class B Unitholder.
This Agreement may be amended only by a written instrument approved by the Board, subject to the rights of the Class B Unitholder set forth in Section 1.6.
Costs incurred by the Class B Unitholder on their own behalf will not be considered costs of the transaction hereunder.

More Definitions of Class B Unitholder

Class B Unitholder means a Record Holder of Class B Units.

Class B Unitholder means any Person who owns, at the time of determination of whether such party is a "Class B Unitholder," a Class B Unit according to the Partnership's Unitholder records.

Class B Unitholder means a person holding a Class B Unit;

Class B Unitholder is defined in Section 2.6(f).

Class B Unitholder means the holders of Class B Units.

Class B Unitholder or "Class B Unitholders" means at any time the Persons who are the holders of record at that time of one or more Class B Units, as shown on the registers of such holders maintained by the Fund or by the Transfer Agent on behalf of the Fund;

Class B Unitholder means a holder of Class B Units of the Fund;