Common LP Units definition

Common LP Units means common limited partnership units in the capital of the Partnership "Common Shares" means common shares in the capital of Capital Power Corporation
Common LP Units means the common units representing FELP’s limited partnership interests.
Common LP Units means units representing common limited partner interests in Genesis OLP.

Examples of Common LP Units in a sentence

  • All of the Common GP Units and Subordinated GP Units shall convert into Common LP Units and Subordinated LP Units, respectively, on a one-for-one basis if the Special General Partner ceases to own at least 15% of all Outstanding Units.

  • Notwithstanding the foregoing, at any time CDPQ holds Common LP Units, the Initial Limited Partner shall not be allowed to grant an Adverse Claim on any of its Common LP Units or Preferred LP Units to any creditor as security without the prior written consent of CDPQ, such consent not to be unreasonably withheld.

  • On Closing, the Partnership shall issue to the Initial Limited Partner Common LP Units in connection with the Partnership’s acquisition of the Facilities and, if the Kenora Sale Alternative applies, 1,000 Preferred LP Units in connection with the Partnership’s acquisition of the Xxxxxx Adjacent Property and shall then issue to CDPQ Common LP Units.

  • Class 8 consists of all Interests in GP LLC and all Interests in FELP, including, for the avoidance of doubt, the FELP Common LP Units, the FELP Subordinated LP Units, and the IDRs.

  • Subject to the Shareholders’ Agreement, at any time that CDPQ holds Common LP Units, in the event that LP decides to dispose of all or substantially all of its assets in a single transaction or series of related transactions (the “Subject Assets”) and ACCC approves such proposed disposition, CDPQ shall have forty-five (45) days from the date of the shareholder vote or resolution approving such disposition to offer to purchase all, but not less than all, of the Subject Assets from LP.


More Definitions of Common LP Units

Common LP Units has the meaning ascribed thereto in the Limited Partnership Agreement.
Common LP Units means the Common A LP Units or Common B LP Units, as the case may be, and references in this Offering Memorandum to Common LP Units shall mean a reference to Common A LP Units and/or Common B LP Units, as the context so requires.
Common LP Units means the common units of the Partnership issued from time to time in accordance with the LP Agreement and having the rights, privileges, limitations, restrictions and conditions set out in the LP Agreement.
Common LP Units means the common limited partner interests in the Operating Partnership.
Common LP Units means common limited partnership units in the capital of the Partnership
Common LP Units means the voting Common LP Units of the Partnership;
Common LP Units means common limited partnership units