Examples of Common Unit Holder in a sentence
For the avoidance of doubt, vesting of Class B Common Units shall be governed by grant agreements between each Class B Common Unit Holder and the Partnership.
If a Holder of LTIP Units fails to make such an election, such Holder (and any of its transferees) shall receive upon conversion of each LTIP Unit held by him or her (or by any of his or her transferees) the same kind and amount of consideration that a Holder of a Partnership Common Unit would receive if such Partnership Common Unit Holder failed to make such an election.
Each Class A Common Unit so purchased by the General Partner shall immediately thereafter be reclassified as a GP Unit, and the General Partner shall automatically redeem and cancel a number of shares of Class C Common Stock held by each Selling Class A Common Unit Holder equal to the number of Class A Common Units purchased from such holder.
Any Common Unit Holder who fails to timely exercise their Put Right will forfeit such Put Right(s).
Distributions after the MetalMark transaction will be first allocated to the Preferred Unit holders for any unpaid portion of the Preferred Return, then to the Preferred Unit Holders for any Unpaid Preferred investment amount, then to an amount equal to 20% of the hurdle amount to the Preferred Units, and then to the respective percentages of each Common Unit Holder.
Pursuant to the Purchase Agreements, the General Partner shall purchase from each Class A Common Unit Holder set forth on Schedule 2.7 (each a “Selling Class A Common Unit Holder”) the number of Class A Common Units set forth opposite its name at a price per Class A Common Unit equal to the net proceeds to the General Partner per share of Class A Common Stock in the IPO.
The Common Unit Holders as of the Distribution Date shall be entitled to receive all such distributions which the Board has declared, with each Common Unit Holder entitled to participate receiving a pro-rata portion (with reference to the number of Common Units then held by such Common Unit Holder to the total number of Common Units entitled to participate then held by all Persons) of such available distributions, except as set forth in the next sentence.
A Common Unit Holder may waive the requirement of notice of a meeting either by attending the meeting or executing a written waiver before or after the meeting.
Each Class A Common Unit Holder shall be entitled to one vote for each Class A Common Unit held of record by such Class A Common Unit Holder.
The committee has a Co-Chair mechanism in place; the Chair is the Caribbean Policy Development Centre (CPDC) with the Caribbean Regional Representation Office of the International Federation of the Red Cross and Red Crescent Societies (IFRC) being the Co-Chair.• The committee is challenged by the broad based nature and interpretation of the definition of civil society as well as the difficulty in identifying the actors in the Caribbean within this sector.