Class C Unitholder definition

Class C Unitholder means a Partner that holds Class C Units issued pursuant to one or more Class C Units Agreements.
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Class C Unitholder means any owner of one or more Class C Units as reflected on the LLC’s books and records, but only for so long as such person is shown on the LLC’s books or records as the owner of such Class C Units.
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Class C Unitholder shall have the meaning set forth in the Preamble.
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Examples of Class C Unitholder in a sentence

  • The Class C Unit Direct Exchange Right provided herein may be exercised by any Class C Unitholder at any time and from time to time until such time as such holder no longer owns any Class C Units.

  • In the case of Massive Redemption of the Fund, when a single Class A or Class C Unitholder makes a redemption application reaching more than 20% of the total number of Units on the preceding day, the Fund Manager is entitled to, on such day, defer handling the part of redemption application of such Unitholder exceeding 20% of the total number of Units on the preceding day.

  • At the end of the first Investment Term, their usual entitlement to a return of AUD$100 (on 100 units) would be increased to AUD$200 by reason of their special rights as a Class C Unitholder (i.e. to offset the AUD’s decrease in relative value).

  • For FFMSLP:  1/12 of 1.5% of the aggregate Net Asset Value of each Class A Unit plus 1/12 of 1% of the aggregate Net Asset Value of each Class F Unit(in each case determined before deduction of distributions payable to the Class C Unitholder and redemption deductions, if any, allocable to such Units).

  • The Council’s Taxi and Private Hire Policy had initially been reviewed and sent out for consultation in August 2019, however, the outcome of the consultation was never brought back to the Committee for approval.

  • That is because, strictly, the re-investment of the interests of the Foreign Currency Investors came to an end at that time, such that the number of units held by each Class C Unitholder ceased to adjust periodically (at the end of each Investment Term) to changes in foreign currency exchange rates.


More Definitions of Class C Unitholder

Class C Unitholder means any holder of Class C Units (as set forth in Exhibit A) or its successor or Assignee.
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Class C Unitholder means a Partner that holds Class C Units issued pursuant to one or more Class C Units Agreements. “ Class C Units ” shall have the meaning set forth in Section 18.1 .
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Class C Unitholder means at any time a Person that is admitted as a limited partner in the Fund in accordance with the terms hereof and who is the beneficial owner of one or more Class C Units.
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Class C Unitholder means a holder of Class C Units. ------------------
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Class C Unitholder means a holder of a Class C Unit.
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Related to Class C Unitholder

  • 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.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • LTIP Units means units of limited partnership interest of the Partnership designated as “LTIP Units” in the Partnership Agreement awarded under the LTIP, having the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption set forth in the Partnership Agreement.

  • Unitholders means the holders of Units.

  • Class B Investor Interest means, on any date of determination, an amount equal to (a) the Class B Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Transfer Dates pursuant to subsection 4.10(b), minus (d) the amount of the Reallocated Class B Principal Collections allocated pursuant to subsection 4.12(a) on all prior Transfer Dates for which the Collateral Interest Amount has not been reduced, minus (e) an amount equal to the amount by which the Class B Investor Interest has been reduced on all prior Transfer Dates pursuant to subsection 4.10(a) and plus (f) the aggregate amount of Excess Spread allocated and available on all prior Transfer Dates pursuant to subsection 4.11(d) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Investor Interest may not be reduced below zero.