Class C Preferred Units definition

Class C Preferred Units means Units having the rights and obligations of Class C Preferred Units set forth in the LLC Agreement.

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Class C Preferred Units has the meaning set forth in the LLC Agreement.

Class C Preferred Units means, collectively, the Class C-1 Preferred Units, the Class C-2 Preferred Units and the Class C-3 Preferred Units.

Examples of Class C Preferred Units in a sentence

Management Stockholder acknowledges that it can bear the economic risk of its investment, and has such knowledge and experience in financial or business matters that Management Stockholder is capable of evaluating the merits and risks of an investment in Common Units and Class C Preferred Units hereunder.
By executing this Agreement, Management Stockholder further represents that Management Stockholder does not have any contract, undertaking, agreement or arrangement with any person to sell, transfer or grant participation to such person or to any third person, with respect to any of the Common Units or Class C Preferred Units.
The Common Units and Class C Preferred Units to be issued to Management Stockholder are for investment for Management Stockholder's own account, not as a nominee or agent, and not with a view to the resale or distribution of any part thereof, and Management Stockholder has no present intention of selling, granting any participation in, or otherwise distributing the same.
Management Stockholder further acknowledges that in the event all of the applicable requirements of Rule 144 are not satisfied, registration under the Securities Act, compliance with Regulation A, or some other registration exemption will be required in order to resell the Common Units or Class C Preferred Units.
Management Stockholder acknowledges that the Common Units and Class C Preferred Units have not been registered under the Securities Act, are deemed to constitute "restricted securities" under Rule 701 and Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act and qualified under any applicable state securities laws or an exemption from such registration and qualification is available.

More Definitions of Class C Preferred Units

Class C Preferred Units means the equity interests designated as “Class C Preferred Units” pursuant to the Parent LPA.

Class C Preferred Units shall have the meaning set forth in the Operating Agreement.

Class C Preferred Units has the meaning set forth in the Third A&R Agreement.

Class C Preferred Units means, collectively, the Class C-1 Preferred Units, the Class C-2 Preferred Units and the Class C-3 Preferred Units. “Class C-1 Original Issue Price” has the meaning set forth on Schedule 1.1(A).

Class C Preferred Units means the interests in the Partnership received by the Wholly-Owned LP Trust in exchange for the additional capital contribution described in Section 4.7 of this Agreement.

Class C Preferred Units has the meaning assigned to such term in the Parent LPA, as in effect on the Fifth Amendment Effective Date.

Class C Preferred Units means all Units that are designated such pursuant to Section 2.2.