Common Units definition

Common Units is defined in the Partnership Agreement.

Common Units means common units representing limited partner interests in the Partnership.

Common Units has the meaning set forth in the LLC Agreement.

Examples of Common Units in a sentence

• This Section 3.02(e) may not be amended or modified so long as any of the Preferred Units or Common Units are subject to a pledge or hypothecation without the prior written consent of such pledgee (or the transferee of such pledgee).

• Except as otherwise specifically provided herein or required by law, each outstanding Common Unit shall entitle the holder thereof to one vote on all matters for which the holders of Common Units are entitled to vote after the Redemption in Full Date.

• No Member shall have the obligation to make additional Capital Contributions, provided, however, that the Common Member shall have the right in its sole discretion to make additional Capital Contributions in exchange for additional Common Units without Majority Approval (“Future Common Contributions”).

• This Section 3.02(d) may not be amended or modified so long as any of the Preferred Units or Common Units are subject to a pledge or hypothecation without the prior written consent of such pledgee (or the transferee of such pledgee).

• If the Transferring Member accepts any Non-Transferring Member Offer, the Non-Transferring Member and Transferring Member shall consummate the closing of the sale and purchase of the subject Common Units pursuant to such Non-Transferring Member Offer as promptly as practicable and in no event later than the later of sixty (60) days following such acceptance and receipt of all requisite governmental or other third party consents (or at such other time as they may mutually agree).

More Definitions of Common Units

Common Units has the meaning set forth in the recitals.

Common Units means Units having the rights and obligations of Common Units set forth in the LLC Agreement.

Common Units means the Class A Units.

Common Units has the meaning set forth in the recitals of this Agreement.

Common Units has the meaning set forth in Section 3.1(a).

Common Units means each Common Unit consisting of (a) one Share and (b) a Common Warrant to purchase one Common Warrant Share.

Common Units shall have the meaning assigned to it in the Operating Agreement and includes any equity securities issued or issuable directly or indirectly with respect to such Common Units by way of any dividend or split or exchange or in connection with a combination of units, recapitalization, merger, consolidation or other reorganization.