Class Z Unit definition

Class Z Unit means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class Z Unit as provided in this Agreement.
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Class Z Unit means a Unit representing a fractional part of the Member Interests of all Members and, to the extent that they are treated as Members hereunder, Assignees, and having the rights and obligations specified with respect to the Class Z Unit in this Agreement.
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Class Z Unit means a Unit representing a fractional part of the interest of a Unitholder in Profits, Losses and Distributions and having the rights and obligations specified with respect to the Class Z Units in this Agreement.
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Examples of Class Z Unit in a sentence

  • The annual rates for the Sub-Fu nds are as follows: Sub-FundsClass A USD UnitClass I USD UnitClass Z USD UnitMaj Invest Fu nds - Maj Invest Emerging Markets Equities-- Note 4 - Performance fee The Investment Manager is entitled to receive, from the net assets of Classes IP and Class Z Unit for the Sub-Fu nd Maj Invest Fu nds - Maj Invest Emerging Markets Equities, a performance based incentive fee (the "Performance fee").

  • Class Z Unit holders are not subject to paying the ongoing placement agent fee.In July 2015, the General Partner delegated certain administrative functions to SS&C Technologies, Inc., a Delaware corporation, currently doing business as SS&C GlobeOp (the “Administrator”).

  • The Board hereby designates and creates a series of Company Securities to be designated as the “Class Z Unit” and consisting of a total of one Class Z Unit, and fixes the designations, preferences and relative, participating, optional or other special rights, powers and duties of holders of the Class Z Unit as set forth in this Section 5.12.

  • Thus one would expect that the X- band system, when coupled with S-band, would allow for a large portion of the rain rate spectrum to be measurable withof such was obtained on 21 June.

  • Upon receipt of the approval of the amendment by the holders of the Class A Units and the Common Units, the Board shall give the holder of the Class Z Unit prompt notice of such approval, and the holder of the Class Z Unit shall promptly surrender the Class Z Unit Certificate therefor, duly endorsed, at the office of the Company or of any transfer agent for the Class Z Unit.

  • General aspects on gender-issues Today gender aspects are an overwhelming concern in all countries and in all fields of social and economic life.

  • William Blair & Company, L.L.C. December 31, 2014 William Blair FCP -U.S. Small-Mid CapGrowth Fund NoteUS$ AssetsCash at bank 116,956Total assets2(a)116,956 LiabilitiesOther liabilities (116,956)Total liabilities (116,956)Total net assets -Net asset value per Class Z Unit US$Number of Units outstanding -- The accompanying notes form an integral part of these financial statements.

  • Note 4 - Performance fee The Investment Manager is entitled to receive, from the net assets of Classes IP and Class Z Unit for the Sub-Fund Maj Invest Funds - Maj Invest Emerging Markets Equities (in liquidation), a performance based incentive fee (the "Performance fee").

  • Indicate if small business, minority and/or woman-owned business.

  • Upon compliance with the foregoing provisions of this Section 5.12(c) and Section 5.12(d), the Class Z Unit shall be cancelled and shall no longer be Outstanding upon the earliest to occur of (i) receipt of the approval of the Proposed Amendment or (ii) the applicable date set forth in Section 5.12(b)(i).

Related to Class Z Unit

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Class C Unit 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 the Class C Units in this Agreement. The term “Class C Unit” does not refer to a Common Unit until such Class C Unit has converted into a Common Unit pursuant to the terms hereof.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

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

  • Subordinated Unit means a Limited Partner Interest having the rights and obligations specified with respect to Subordinated Units in this Agreement. The term “Subordinated Unit” does not include a Common Unit. A Subordinated Unit that is convertible into a Common Unit shall not constitute a Common Unit until such conversion occurs.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Preferred Unit means a fractional share of the Partnership Interests that the General Partner has authorized pursuant to Sections 4.01, 4.03 or 4.04 hereof that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the OP Units.

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

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

  • Class C Monthly Interest is defined in Section 4.1(c).

  • LTIP Unit means a Limited Partnership Interest which is designated as an LTIP Unit and which has the rights, preferences and other privileges designated in Section 4.4 hereof and elsewhere in this Agreement in respect of holders of LTIP Units. The allocation of LTIP Units among the Partners shall be set forth on Exhibit A, as may be amended from time to time.

  • Class P Fraction Any Class I-P, Class II-P or Class III-P Fraction, as applicable.

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

  • 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 A Share means a Class A ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Common Unit Economic Balance has the meaning set forth in Section 5.01(g) hereof.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

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

  • Class B Percentage Interest means, with respect to a Class B Member as of a given date, that percentage obtained by dividing the total number of Class B Units owned by such Member by the total number of Class B Units issued and outstanding.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.