Class of Units definition

Class of Units or “Class” means all Units of the REIT created by the Trustee as a separate Class of Units
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Class of Units means, in relation to any Compartment, a category of Units issued in representation of Loan Receivables allocated to such Compartment and giving identical rights to its holder(s); being understood that such Compartment may issue different Classes of Units and/or Notes, which confer different rights to principal and interest and, more generally, over the assets in representation of which such classes of Units are issued.
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Class of Units means a class of Units of the Partnership being either Class B Units or Class F Units.
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Examples of Class of Units in a sentence

  • Each Class of Units is subject to different eligibility requirements as set forth in the Disclosure Document.

  • The gains (or losses) on and the costs of the relevant financial instruments will, however, accrue solely to the relevant Class of Units of the Sub-Fund.

  • The terms applicable to any such Class of Units shall be as set forth in any amendment to this Agreement, the Disclosure Document or any supplement thereto, resolutions of this FuturesAccess Fund or such other form, as determined by the Sponsor.

  • Each Class of Units within a Sub-Fund will be denominated in the Class Currency thereof, which may be the Base Currency of the Sub-Fund to which such Class relates or such other currency of account as specified in the relevant Appendix.

  • Although Units of the different Classes within the relevant Sub-Funds are denominated in a specific currency (the "Pricing Currency" as defined in the Management Regulations), the assets related to a Class of Units of the relevant Sub- Fund may be invested in securities denominated in other currencies.

  • In any purchase by the Members or the Manager described above, the Manager will automatically adjust the Membership Interests of the Purchasing Members or the Manager to reflect the respective number and Class of Units or Interests transferred, and the Manager shall revise Appendix B (attached hereto), as appropriate to reflect such adjustment.

  • The gains (or losses) on and the costs of the relevant financial instruments will, however, accrue solely to the relevant Class of Units of the Fund.

  • Except as expressly provided for herein, the General Partner may modify or waive in whole or in part the General Partner’s Fee for any Class of Units.

  • The redemption price equals the Net Asset Value per each Class of Units on the relevant Valuation Day.

  • Each Class of Units shall initially be issued at $1.00 per Unit, and thereafter at Net Asset Value.


More Definitions of Class of Units

Class of Units with respect to Units of the Fund means a class or category of Units, as distinct from another class or category of Units of the Fund, and is distinct from the rights and interest of Units of the other class or category of Units vis-à-vis the respective schemes of the Trust.
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Class of Units or “Class” means all Units of the Fund created by the Trustee as a separate Class of Units and available for issuance;
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Class of Units means a particular investment which
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Related to Class of Units

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

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

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

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

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

  • Common Units is defined in the Partnership Agreement.

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

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

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

  • 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.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

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

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

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

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

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

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

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

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

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.