Class S Unit definition

Class S Unit means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class S Unit as provided in this Agreement.

Class S Unit means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class S Unit as provided in this Agreement, and shall be either Series 1 Class S Units or Series 2 Class S Units.

Class S Unit. A Unit entitling the holder thereof to the rights of a holder of a Class S Unit as provided in this Agreement. Code: The U.S. Internal Revenue Code of 1986, as the same may be amended from time to time or any successor statute.

Examples of Class S Unit in a sentence

• At any time that the outstanding fractional Class S Preferred Units or Class S Ordinary Units, calculated separately, associated with a holder of such Class S Units equal, in the aggregate, greater than a whole Class S Unit, then the Partnership shall combine such Class S Units to give the holder whole Class S Units and a fractional Class S Unit representing the remainder of the combined Class S Units.

• There is a longstanding prejudice against capital markets in Western culture!after all, charging interest used to be considered a sin of usury, but it was never a sin to charge for selling goods or for workers to charge for their labor.

• The self-statement should address research/creative activity, teaching and service.

• Upon any such redemption, the Company shall pay a price per Class S Unit equal to the Class S Unreturned Capital and Class S Unpaid Yield thereof; provided that if the Company redeems any Class S Unit prior to the date that is five months following the date hereof, the price will include any additional Class S Yield that would have accrued with respect to such Class S Unit from the date of redemption until the date that is five months following the date hereof.

• XinELECTRICAL DISTRIBUTION TBD*reports to Scott Buda BEAM OPERATIONSE.

• The Fund is authorized to issue an unlimited number of Units and one Class S Unit.The holder of the Class S Unit is not entitled to vote at any meeting of unitholders of the Fund and is not entitled to any distributions.

• In consideration for its services in connection with the Offering, the Agents will be paid a fee of $0.55 per Class A Unit, $0.25 per Class F Unit and $0.075 per Class S Unit out of the proceeds of the Offering.

• Alternative Strategy Collection 31 Dec 2021Alternative Strategy Collection 31 Dec 2020Participating units in issue Class S Unit A At the beginning of the year Units of the Sub-Fund are all freely transferable, designated as ‘A’ or ‘B’ units and, subject to such designation, are all entitled to participate equally in the profits and distributions (if any) of that Sub-Fund and in its assets in the event of termination.

• Such Units will be issued at a price of $10.00 per Class A Unit, Class F Unit and Class S Unit (or the Equivalent in Canadian Dollars).

• The capital of the Fund is represented by the net assets attributable to holders of Units and the Class S Unit.

More Definitions of Class S Unit

Class S Unit means the unit of the Fund designated as a Class S Unit. “Closing” means the closing of the Offering on the Closing Date.

Class S Unit means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class S Unit as provided in this Agreement. “Class T Conversion Rate” means the fraction, the numerator of which is the Net Asset Value Per Unit for each Class T Unit and the denominator of which is the Net Asset Value Per Unit for each Class I Unit. “Class T REIT Shares” means the REIT Shares referred to as “Class T” shares in the Charter. “Class T Unit” means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class T Unit as provided in this Agreement.

Class S Unit means a Unit representing a fractional part of the interest of a Unitholder in Distributions and having the rights, powers and obligations specified with respect to the Class S Units in this Agreement.

Class S Unit means a Unit representing a fractional part of the interest of a Unitholder in Distributions and having the rights, powers and obligations specified with respect to the Class S Units in this Agreement.