Class I Units definition

Class I Units means Class I currency hedged mutual fund units and/or non-currency hedged mutual fund units of a fund, as applicable.
Class I Units means Class I units of the Operating Partnership.
Class I Units means the Units in the Partnership designated as the “Class I Units” herein and having the rights pertaining thereto as are set forth in this Agreement. Class I Units shall be Vested Units for all purposes under this Agreement upon delivery.

Examples of Class I Units in a sentence

  • If a Member tenders some of its Units in an amount that would cause the remaining Units to have a net asset value of less than $25,000 with respect to Class A Units, or to have a net asset value of less than $100,000 with respect to Class I Units, the Board of Managers reserves the right to reduce the amount to be repurchased from the Member so that the required minimum account balance is maintained or to repurchase the remainder of the Member’s Units in the Fund.

  • Unless otherwise indicated in the Disclosure Document, the Class I Units are subject to a minimum investment requirement that may be satisfied based on an Investor’s total investments in this FuturesAccess Fund and Class D Units are subject to a minimum investment requirement that may be satisfied based on an Investor’s total investments in this FuturesAccess Fund plus the Investor’s total investments in certain other products offered or sponsored by BAC.

  • The Units may be issued in the seven Classes described herein — Class A Units, Class C Units, Class D Units, Class I Units, Class DS Units, Class DT Units and Class M Units.

  • Note, information relating to Class F Units and Class I Units are not yet available as such Units of the fund have not yet been issued.

  • New Investors whose initial subscription equals or exceeds $5,000,000 shall be issued Class I Units in each FuturesAccess Fund in which they invest.


More Definitions of Class I Units

Class I Units means the units of beneficial interest in the REIT, designated as “Class I Units”.
Class I 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 I Units.
Class I Units refers collectively, or sometimes individually, to Class I-1 Units, Class I-2 Units, Class I-3 Units, Class I-4 Units and/or Class I-5 Units.
Class I Units is defined in Section 7.1.
Class I Units shall have the meaning set forth in Section 10(b).
Class I Units means the Class I Units offered under this Offering Memorandum, which will be made available only to certain private or institutional subscribers through the Manager’s actions as an Exempt Market Dealer (“EMD”).
Class I Units means the units of the Fund designated as Class I units;