Class W Units definition

Class W Units is defined in Section 7.1.
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Class W Units means the Class W Common Units of the Company.
Sample 1
Class W Units means Class W Units (or any security issued in exchange or substitution, in whole or in part, by merger or otherwise) in the Operating Company, issued under the LLC Agreement.
Sample 1

Examples of Class W Units in a sentence

  • Immediately before liquidation of the Partnership, Class T Units will automatically convert to Class I Units at the Class T Conversion Rate and Class W Units will automatically convert to Class I Units at the Class W Conversion Rate.

  • Class A Units, Class I Units and Class W Units shall be issued only to the General Partner and only in exchange for contributions by the General Partner to the capital of the Partnership of the proceeds received by the General Partner from the issuance of REIT Shares having the same Class designation as the Class of Partnership Units being issued.

  • The General Partner is hereby authorized to cause the Partnership to issue Partnership Units designated as Class T Units (which may be designated by the General Partner upon issuance as Series 1 Class T Units, Series 2 Class T Units or Series 3 Class T Units; provided, that all Class T Units issued to the General Partner shall be Series 1 Class T Units), Class W Units and Class I Units.

  • The General Partner is hereby authorized to cause the Partnership to issue Partnership Units designated as Class A Units, Class I Units and Class W Units.

  • In addition, with respect to Class W Units, the Company shall pay the Dealer Manager on a monthly basis, a Dealer Manager fee that accrues daily equal to 1/365th of 0.50% of the amount of the net asset value for the Class W Units for such day on a continuous basis from year to year.

  • In any event, Mr. Giuliani is not able to estimate the value of that pro bono publico counsel; therefore, the value is unascertainable.”184 As with his initial omission of debt to Mr. Cohen, the President did not amend his financial disclosure for the relevant year (calendar year 2018) to reflect this new information.

  • CIT, NationsBanc and Fleet and each of their respective Affiliates may accept deposits from, lend money to, act as trustee or paying agent under indentures of, and generally engage in any kind of business with, any Borrower or any Guarantor, any of their Affiliates, or any Person who may do business with or own securities of any Borrower or Guarantor, or any of their Affiliates, all as if CIT, NationsBanc and Fleet were not Agents and without any duty to account therefor to any Lenders.

  • For the avoidance of doubt, in no event shall holders of Class W Units or Class F Units be entitled to any distributions whatsoever pursuant to this Agreement, including without limitation this Article X, in respect of such Class W Units or Class F Units, respectively.

  • Additionally, with respect to Class W Units, the Company shall pay the Dealer Manager on a monthly basis, an annual service fee that accrues daily equal to 1/365th of 0.25% of the amount of the net asset value for the Class W Units for such day on a continuous basis from year to year.

  • In cases where an Additional Member is admitted to the Company, it shall be designated as either a Class A Member, a Class B Member, a Class C Member, a Class D Member, a Class E Member, a Class W Member, a Class X Member, a Class Y Member and/or a Class Z Member, and its Class A Units, Class B Units, Class C Units, Class D Units, Class E Units, Class W Units, Class X Units, Class Y Units and/or Class Z Units shall be designated by the Management Committee.


More Definitions of Class W Units

Class W Units means Class W units of membership interests in the Distributor.
Sample 1
Class W Units means that certain class of units granted to the Investor pursuant to the Contribution Agreement, which units represent a membership interest in the Distributor.
Sample 1
Class W Units means that certain class of Units owned by WCO and W-G Holding on and as of the Effective Date, and from time to time, including pursuant to Sections 4.1.2(d) and (e) of this Agreement upon the Company’s or a WCO Party’s, respectively, satisfaction of any liability to which they may be entitled to indemnification from Genius under Section 8.3 of the Master Contribution Agreement.
Sample 1

Related to Class W Units

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

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

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

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

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

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

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

  • Common Units is defined in the Partnership Agreement.

  • 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.

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

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

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

  • 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.

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

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto 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 one year.

  • 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.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

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

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

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

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.