Examples of Class C Limited in a sentence
Upon any Class C Redemption, an amount equal to the product of the Class C Redemption Price and the number of Class C Units redeemed by the Partnership shall be distributed by the Partnership to the Class C Limited Partner.
Upon a Class C Redemption by the Partnership, the Class C Limited Partner shall have no further right to receive any Partnership distributions or allocations in respect of the Class C Units so redeemed.
Subject to the prior rights of the Company’s Class C Limited Partnership units, PPL’s Class B and Class D Units are entitled to receive monthly distributions and the Company’s Class A Limited Partnership units receive the remaining available, monthly distributable cash.
The Exchange Notice shall specify the number and class of Exchangeable Units in respect of which the holder is exercising the Exchange Right (the “Subject Units”) and, in the case of Class C Exchangeable Units, whether such Units are to be exchanged for TopCo Class C Fully Voting Shares or TopCo Class C Limited Voting Shares.
The Limited Partners, the Class C Limited Partner, the Class F Limited Partner, the Class G Limited Partner, the Class I Limited Partner, the Class J Limited Partner and the Class K Limited Partner, by execution hereof, agree that the General Partner is authorized to execute, deliver and perform any agreement and/or transaction on behalf of the Partnership.
In turn this must mean that banks and entrepreneurs will be required to invest more of their own net worth in the financing of that given size project.
Equities, the holder of the Class B and Class C Limited Partnership Units (collectively, the “Exchangeable LP Units”) of Pollard LP and the associated Special Voting Units, received, in exchange for each group of one Exchangeable LP Unit (together with the accompanying Special Voting Units) one common share of Pollard.
Limited Partner: Those Persons listed as such on Exhibit 1B attached hereto and made a part hereof, as such Exhibit may be amended from time to time, including any Person who becomes a Substituted Limited Partner or an Additional Limited Partner in accordance with the terms of this Agreement; provided such term shall not include the Class C Limited Partner, the Class F Limited Partner, the Class G Limited Partner, the Class I Limited Partner, the Class J Limited Partner or the Class K Limited Partner.
Subject to the prior rights of the Company’s ownership of Class C Limited Partnership units, PPL’s ownership of Class B and Class D Units are entitled to receive monthly distributions and the Company’s Class A Limited Partnership units receive the remaining available, monthly distributable cash.
Subject to the prior rights of the Company’s Class C Limited Partnership units, PPL’s Class B and Class D Units are entitled to receive monthly distributions, and the Company’s Class A Limited Partnership units receive the remaining available, monthly distributable cash.