Class C Unitholders definition

Class C Unitholders means the Unitholders holding an Economic Interest in Class C Units.
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Class C Unitholders means the holders of Class C Units.
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Class C Unitholders shall have the meaning ascribed to the term under Clause 2.9.1(c) of this Agreement.
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Examples of Class C Unitholders in a sentence

  • With respect to any matter, other than a matter for which the affirmative vote of the holders of a specified portion of Class C Unitholders entitled to vote is required by the non-waivable provisions of the Delaware Act (if any) or by this Agreement, the affirmative vote of the Majority Holders at a meeting of Class C Unitholders at which a quorum is present shall be the act of the Class C Unitholders.

  • If not otherwise stated in or fixed in accordance with the remaining provisions hereof, the record date for determining Class C Unitholders entitled to call a meeting is the date any Class C Unitholder first signs the notice of that meeting.

  • Proxies for use at any meeting of Class C Unitholders or in connection with the taking of any action by written consent pursuant to Section 3.2(f) shall be filed with the Secretary of the LLC (or such other Person designated by the Board), before or at the time of the meeting or execution of the written consent, as the case may be.

  • Meetings of the Class C Unitholders for any proper purpose or purposes may be called at any time by the Board or the Majority Holders.

  • In connection with any meeting of Class C Unitholders, the Managers may, if a quorum is present and the Contributor Manager is present), hold a meeting for the transaction of business immediately after and at the same place as such meeting of the Class C Unitholders.

  • Any action required or permitted to be taken at any meeting of Class C Unitholders may be taken without a meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by all Class C Unitholders.

  • The Unitholders shall not manage or control the business and affairs of the LLC, except for situations in which the approval of Class C Unitholders or any other class of Unitholders, if applicable is expressly required by this Agreement or by non-waivable provisions of applicable law.

  • No written consent shall be effective to take the action that is the subject to the consent unless, within 60 days after the date of the earliest dated consent delivered to the LLC in the manner required by this Section 3.2(f), a consent or consents signed by all other Class C Unitholders are delivered to the LLC by delivery to its registered office, its principal place of business or the chief executive officer in each case, in accordance with Section 15.15.

  • Except as expressly provided in this Agreement or non-waivable provisions of the Delaware Act, the holders of Class C Units shall be entitled to vote on all matters submitted to the Class C Unitholders for a vote with each Class C Unit entitled to one vote.

  • Only business within the purpose or purposes described in the notice (or waiver thereof) required by this Agreement may be conducted at a meeting of the Class C Unitholders.


More Definitions of Class C Unitholders

Class C Unitholders has the meaning set forth in Section 1.7(a)(vi).
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Related to Class C Unitholders

  • Class C Units The term "Class C Units" shall have the meaning set forth in the preface.

  • 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.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Class B Units means the Class B Units of the Company.

  • 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.

  • Unitholders means the holders of Units.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Class B Members means the Members holding Class B Units.

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Unit Holders means all Unit Holders.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

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

  • 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 C Shares means shares of the Class C Common Stock.

  • Class A Members means those Members who have purchased Class A Interests.

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

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • LTIP Units means LTIP Units, as such term is defined 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.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

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

  • Class C Percentage Interest As of any date of determination, with respect to the Class C Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class C Certificates on such date, and the denominator of which is the Class Principal Balance of the Class C Regular Interest on such date.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Class B Percentage Interest As of any date of determination, with respect to the Class B Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class B Certificates on such date, and the denominator of which is the Class Principal Balance of the Class B Regular Interest on such date.

  • 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”.