Class C-3 Units definition

Class C-3 Units means a Member’s Class C-3 limited liability company interest in the Company which, except as otherwise provided in this Agreement, represents such Member’s share of Net Profits, Net Losses and other items of Company income, gain, loss or deduction and a Member’s right to receive distributions of the Company’s assets and vote in accordance with the provisions of this Agreement and the Act.
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Class C-3 Units means the limited liability company interests that constitute Class C Interests (as defined in the Company LLC Agreement) designated as Class C-3 Units issued by the Company from time to time.
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Class C-3 Units has the meaning given such term in the Company LLC Agreement.
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Examples of Class C-3 Units in a sentence

  • Class C, Class C1, Class C2 and Class C3 Units are being offered to the investors at USD12.50, Euro12.50, STG12.50 and JPY1,500 respectively during the Initial Offer Period which has commenced and will close on 30 June, 2010 at noon (Irish time).

  • Class C, Class C1, Class C2 and Class C3 Units are being offered to the investors at USD12.50, Euro12.50, STG12.50 and JPY 1,500 respectively during the Initial Offer Period which has commenced and will close on 30 June, 2010 at noon (Irish time).

  • There are outstanding 113,750 Class A Units, 113,750 Class B Units, and 26,404 Class C Units (of which 5,872 Units are designated as Class C-1 Units, 6,380 Units are designated as Class C-2 Units, and 6,380 Units are designated as Class C-3 Units), all of which are issued in uncertificated form.

  • The holders of Class C-3 Units shall be entitled to all economic rights associated with such Units, but shall have no right to vote on any matter to be properly voted on by the Members of the Company and shall not be deemed Voting Units.

  • With respect to the 1,125 Class C-2 Units of BHP subject to the 2010 Grant Agreement and the 1,125 Class C-3 Units of BHP subject to the 2010 Grant Agreement, such units will remain eligible, for a 12 month period following the Separation Date (the “Additional Vesting Period”), to become Vested Units subject to the applicable performance goals having been attained during such period.

  • Proposal: Erection of a 56 storey building comprising of 396 Residential (Class C3) Units, Community Use (Class D1) together with basement, ancillary residential facilities, access servicing, car parking, cycle storage, plant, open space and landscaping and other associated works.

  • Planning permission granted 31st March 2017 for a 56 storey building comprising of 396 Residential (Class C3) Units, Community Use (Class D1) and associated works.

  • For example, if the Board of Managers authorizes the sale of 100,000 Class C-2 Units to a purchaser in accordance with subclause (ii) above, such purchaser shall also receive 100,000 Class C-3 Units in connection with such purchase and the number of Class C-1 Units available for issuance pursuant to subclause (i) above shall be reduced by 100,000 Class C-1 Units.

  • Any purchaser acquiring Class C-2 Units will automatically receive an equivalent number of Class C-3 Units and no Class C-3 Units may be issued to any Person except in connection with a purchase of an equivalent number of Class C-2 Units pursuant to subclause (ii) above.

  • Class C, Class C1, Class C2 and Class C3 Units are being offered to investors at USD12.50, Euro12.50, STG12.50 and JPY1,500 respectively during the Initial Offer Period which has commenced and will close on 30 June, 2010 at noon (Irish time).

Related to Class C-3 Units

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

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

  • 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 Units means the Class B Units of the Company.

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

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

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

  • Class B Interests As set forth in the Trust 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 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.

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

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

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

  • 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 Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Warrants means, collectively, 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 five (5) years, in the form of Exhibit A attached hereto.

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

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

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

  • 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 R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class C Unit means a Partnership Security representing a fractional part of the Partnership Interests of all Limited Partners and Assignees, and having the rights and obligations specified with respect to the Class C Units in this Agreement. The term “Class C Unit” does not refer to a Common Unit until such Class C Unit has converted into a Common Unit pursuant to the terms hereof.