Class C Partnership Units definition
Examples of Class C Partnership Units in a sentence
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.
The rights of the General Partner and Limited Partner under Sections 8.6 and 8.7 are applicable only to Class C 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.
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 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).
Means Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ EXHIBIT B NOTICE OF REDEMPTION To: CRTP OP LP ▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, 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.