Class C Partnership Units definition

Class C Partnership Units means Class C Units of the Partnership as described in Item 2.1 – Structure of the Trust and General Partner and Partnership.
Class C Partnership Units means Class C Units of the Partnership as described in Item 2.1 – Structure – Partnership. “Class F Partnership Units” means Class F Units of the Partnership as described in Item 2.1 – Structure – Partnership. “CRA” means the Canada Revenue Agency.
Class C Partnership Units means the Partnership Units having the Redemption Rights and the other rights specified in Exhibit D.

Examples of Class C Partnership Units in a sentence

  • The Trust’s Class A Trust Units invests in the Partnership’s Class C Partnership Units and the Trust’s Class F Trust Units invests in the Partnership’s Class F Partnership Units.

  • The exercise price of the put and the call for the Class C Partnership Units is the Class C Consideration.

  • Once a Put Notice is issued, the Partnership shall have a call right on all the Class C Partnership Units.

  • The aggregate Redemption Amount for the Class C Partnership Units will be $45,000,000, payable in the form of consideration specified in this Paragraph 3(c).

  • Upon consolidation, the reduction in value of the Class C Partnership Units is included in the non-controlling interest.

  • As a result of feedback received at the training program, the guidelines underwent additional drafting.

  • Means Telephone: (000) 000-0000 Facsimile: (000) 000-0000 EXHIBIT B NOTICE OF REDEMPTION To: CRTP OP LP 000 XX Xxxxxx Xxxxxxxxx, Suite 200 Boca Raton, Florida 33432 Attention: Chief Accounting Officer The undersigned Limited Partner or Assignee hereby irrevocably tenders for Redemption __________ Class C Partnership Units in CRT BMWCX, LTD.

  • If LTP fails to timely provide a Notice of its preference to the General Partner, all of the Class C Partnership Units will be converted to Class B Partnership Units in accordance with the formula stated in clause (ii) of this Paragraph 3(c).

  • The rights of the General Partner and Limited Partner under Sections 8.6 and 8.7 are applicable only to Class C Partnership Units.

  • Upon such merger, the consideration for the Class C Partnership Units will be OP Units and/or the Class C Limited Partner's allocable share of the Net Liquidity Event Proceeds.


More Definitions of Class C Partnership Units

Class C Partnership Units has the meaning set forth in the Recitals to this Agreement.

Related to Class C Partnership Units

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

  • 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, collectively, 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.

  • 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 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 the Company's Class A Common Units.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

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

  • 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.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • 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”.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Common Units is defined in the Partnership Agreement.

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

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • 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.

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

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

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

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.