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Class L Units definition

Class L Units means the Class L Common Units of the Company. -------------
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Class L Units 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 Class L Units in this Agreement.
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Class L Units has the meaning specified in Section 3.2(b).
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Examples of Class L Units in a sentence

  • In the case of telephone redemptions, the proceeds will not become payable until the receipt at the Administration Centre of a written request.A contract note confirming the subscription or redemption price and the number of units involved will be forwarded, together with a cancellation notice, where appropriate, on the next business day.The most recent issue and redemption prices for Class H and Class L Units will be published on the Manager’s website: www.sjp.co.uk.

  • In the case of telephone redemptions, the proceeds will not become payable until the receipt at the Administration Centre of a written request.A contract note confirming the subscription or redemption price and the number of units involved will be forwarded, together with a cancellation notice, where appropriate, on the next business day.The most recent issue and redemption prices for Class L Units will be published on the Manager’s website: www.sjp.co.uk.

  • Class A and Class L Units do not have performance histories as of the date of this Program Description.

  • The Common Units (which, for the avoidance of doubt, shall include the Common Profits Units) shall be entitled to one vote per Unit on all matters for which the holders of Units are entitled to vote under the terms of this Agreement and the Act, and the Class B Units and Class L Units shall be non-voting (except as explicitly set forth in this Agreement (e.g., pertaining to votes requiring a Majority-in-Interest)).

  • Remember that the librarian reserves the right, for just cause, to refuse any student’s admission to the library.

  • Each holder of Class B Units and Class L Units hereby waives his, her or its right to vote on any matter with respect to such Class B Units or Class L Units (except as explicitly set forth in this Agreement (e.g., pertaining to votes requiring a Majority-in-Interest)).

  • The Class L Units will be perpetual and shall not have any rights of redemption or conversion.

  • For the avoidance of doubt, except as set forth in this Section 5.15(b)(iii)(B), the Class L Units will not be entitled to receive distributions.

  • Coverage under this Rider will terminate on the date Your coverage terminates for any reason under the Certificate to which this Rider is attached.

  • Except as set forth in this Section 5.15(b)(iv) and Section 13.3(c) and except to the extent the Delaware Act gives the Class L Units a vote as a class on any matter, the Class L Units shall not have any voting rights.


More Definitions of Class L Units

Class L Units means the Units having the rights and obligations specified with respect to Class L Units in this Agreement.
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Class L Units means the Class L Common Units of Holdings. -------------
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Class L Units means (i) any Class L Units (as defined in the LLC ------------- Agreement as it exists on the date hereof) purchased or otherwise acquired by any Securityholder, and (ii) any Equity Securities issued or issuable directly or indirectly with respect to any of the Class L Units referred to in clause (i) above, by way of a dividend or split or exchange or in connection with a combination of units, recapitalization, merger, consolidation or other reorganization.
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Related to Class L Units

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

  • 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.

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

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

  • Class A Common Units means the Company's Class A Common Units.

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

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • Class I Shares means Class I Shares in the Company as set forth in the relevant

  • Class C Shares means Class C Shares in the Company as set forth in the relevant

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class B Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A Shares means the Class A ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class A Shares, and having the rights provided for in these Articles.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

  • Class C Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class P," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

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

  • Class S designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Common Units is defined in the Partnership Agreement.

  • Class A has the meaning set forth in Section 5.1.C.

  • Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.

  • Class size means the maximum number of students who can receive instruction together in a special class or resource room program and the number of teachers and supplementary school personnel assigned to the class.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

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Most Referenced Definitions