Examples of Class F Unitholders in a sentence
Any Merger Consideration or Series A Unit Consideration remaining unclaimed by Common Unitholders, Class F Unitholders, Series A Unitholders or holders of Unit Options immediately prior to such time as such amounts would otherwise escheat to, or become property of, any Governmental Authority shall, to the extent permitted by applicable Law, become the property of Parent free and clear of any claims or interest of any Person previously entitled thereto.
Items of income, gain, loss and deduction attributable to amounts retained by the Company pursuant to this Section 4.4(a)(3)(B) shall be allocated among the Class F Unitholders holding unvested units in a manner, determined in the Board’s discretion, that equitably reflects each such Class F Unitholders share of the amounts to which such items relate.
It is noted that Class F Unitholders need to submit their Redemption Form at least six (6) months prior to the relevant Valuation Date.
During 2021 and 2020, no regular and extraordinary distributions were paid to the Class F Unitholders.
Items of income, gain, loss and deduction attributable to amounts retained by the Company pursuant to this Section 4.4(a)(4)(C)(i) shall be allocated among the Class F Unitholders holding unvested units in a manner, determined in the Board’s discretion, that equitably reflects each such Class F Unitholders share of the amounts to which such items relate.
Fees and Expenses Before and After the Restructuring There will be no changes to the fees and expenses of the Fund or the Unitholders after the Restructuring, except that the Manager will temporarily reduce the Management Fee by 10 basis points for the Class A and Class F Unitholders for the period from July 1, 2022 to June 30, 2023.
All distributions to Class A Unitholders, Class C Unitholders, Class D Unitholders, Class F Unitholders and Class H Unitholders shall be paid in Canadian dollars.
Class F Unitholders that submitted a Class A Election prior to the Election Deadline received that number of NewCo Class A Multiple Voting Shares that is equal to two times the Class F – Class A NAV Ratio (and nil NewCo Class B Subordinate Voting Shares) for each Class F Unit.
In no event shall the Class A Preferred Return be considered an amount that is guaranteed to be paid to the Class A Unitholders or a personal liability of the General Partner, the Class B Unitholders, the Class C Unitholders, the Class D Unitholders, the Class F Unitholders, the Class G Unitholders or the Class H Unitholders.
Class A Unitholders and Class F Unitholders will benefit from a time-limited management fee reduction of 10 basis points for one year beginning on July 1, 2022 and ending on June 30, 2023.