Class H Units definition

Class H Units means a limited partner Partnership Interest which shall confer upon the holder thereof only the rights and obligations specifically provided in this Agreement with respect to Class H Units.

Class H Units means the common units representing limited partnership interests in ETP designated as “Class H Units” of ETP pursuant to Amendment No. 5 to Second Amended and Restated Agreement of Limited Partnership of ETP dated as of the Amendment Effective Date (as defined below). 019557-0110-14415305

Class H Units means the common units representing limited partnership interests in ETP designated as “Class H Units” of ETP.

Examples of Class H Units in a sentence

• Any distributions involving payment of dividends out of capital of the Class H Units will result in an immediate decrease in the Net Asset Value per Unit of Class H Units.

• Class H Units are being offered to investors at USD12.50 during the Initial Offer Period which has commenced and will close on 30 June, 2010 at noon (Irish time).

• Only Account Owners who purchased Class H Units prior to July 23, 2007 through brokers other than Citigroup Global Market Inc.’s Xxxxx Xxxxxx division are eligible to purchase Class H Units in their existing Class H Units Accounts.

• In accordance with Section 5.6, the General Partner shall have the power and authority to issue additional Class H Units in the future.

• Commencing no earlier than 120 days after the initial issuance of Class A Units, a holder of Class H Units may convert Class H Units into Class A Units in any month on the second last Business Day of each month (the “Conversion Date”) by delivering a notice to the Trustee and surrendering such Class H Units by 5:00 p.m. (Toronto time) at least 10 Business Days prior to the Conversion Date.

More Definitions of Class H Units

Class H Units hall have the meaning given to such term in the Partnership Agreement.

Class H Units hall have the meaning given to such term in the Partnership Agreement. “Class I Units” hall have the meaning given to such term in the Partnership Agreement. “Class J Units” hall have the meaning given to such term in the Partnership Agreement. “Class K Units” hall have the meaning given to such term in the Partnership Agreement. “Closing(s)” shall have the meaning specified in Section 2.02.

Class H Units has the meaning set forth in the LLC Agreement.

Class H Units means the units of beneficial limited partnership interest in the Fund, designated as “Class H Units”.

Class H Units means the Class H Common Units of the Company.

Class H Units means the units of beneficial limited partnership interest in the Fund, designated as “Class H Units”; “Class Offer” has the meaning set out under “Description of the Securities Distributed – Unit – Coattail Provisions”;

Class H Units representing limited partner interests in ETP (“Class H Units”), the Incentive Distribution Rights (as defined in the ETP Partnership Agreement, “ETP IDRs”) and a general partner interest in ETP (“General Partner Interest”). As of April 25, 2014, the issued and outstanding limited partner interests and general partner interests of ETP consisted of (i) 8,853,832 Class E Units, (ii) 90,706,000 Class G Units, (iii) 50,106,000 Class H Units, (iv) 318,500,491 Common Units, (v) the ETP IDRs, and (vi) an approximate 1.0 % General Partner Interest. As of April 25, 2014, 6,800,000 Common Units were issuable pursuant to employee and director equity plans of ETP (the “ETP Equity Plans”), of which amount 3,143,023 Common Units were subject to outstanding awards under the ETP Equity Plans. All outstanding equity securities of ETP are duly authorized, validly issued, fully paid (to the extent required by the ETP Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-303, 17-607 and 17-804 of the Delaware LP Act) and free of preemptive rights (except as set forth in the ETP Partnership Agreement).