Company Common Unit definition

Company Common Unit means either (a) a Class A Unit or (b) a Class B Unit.

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Company Common Unit means a “Common Unit,” as defined in the Company Partnership Agreement. “Company Common Unit Value” means $43.00.

Company Common Unit means the common units of the Company.

Examples of Company Common Unit in a sentence

Except to the extent specifically set forth in any Company Unit Designation, a Membership Interest of any class or series other than a Company Common Unit shall not entitle the holder thereof to vote on, or consent to, any matter.
Except as expressly set forth in any Unit Designation or as may otherwise be required under the Act, an LLC Interest of any class or series other than a Company Common Unit or OPEU shall not entitle the holder thereof to vote on, or consent to, any matter.
The Company shall, in accordance with the TBOC and its Certificate of Formation and Limited Liability Company Agreement, obtain, in lieu of holding a Common Unit holder meeting, the written consent of such Company Common Unit holders and/or waivers necessary under its Certificate of Formation or Limited Liability Company Agreement and the TBOC to obtain the necessary approval of this Agreement and the transactions contemplated hereby (the "Company Equityholder Consent").
The OP Merger, in combination with the intended liquidation of the Surviving Company and any Company Common Unit Exchange, are intended to be a contribution of Company Common Units to Parent L.P. governed by Section 721(a) of the Code.
Section 1.5(a)(ii) sets forth a true and correct determination of the number of shares of Parent Common Stock into which each Company Common Unit, each Company Profits Interest Common Unit and each Company Series A Preferred Unit is convertible pursuant to the Merger.
If, at any time, any OP Units are redeemed or otherwise repurchased (whether by exercise of a put or call, automatically or by means of another arrangement) by the Managing Member or Lineage REIT, the Company shall, immediately prior to such redemption or repurchase of OP Units, redeem an equal number of Company Common Units held by the Managing Member upon the same terms and for the same price per Company Common Unit as such OP Units are redeemed or repurchased.
The “Existing Company Common Unit Conversion Ratio” shall mean (a) the number of Converted Common Units divided by (b) the number of Converting Existing Company Common Units.
Each other Company Common Unit (other than Dissenting Units) shall be converted into an amount of cash equal to the Per Unit Closing Consideration.
If, after the Effective Time, a valid holder of Company Common Units which has not exchanged all of such Company Common Units contacts the Exchange Agent or to the Surviving Company or Parent, such Company Common Unit will be canceled and exchanged as provided in Section 1.06 and Section 1.07.
Notwithstanding anything in this Section 3.01 to the contrary, at the Effective Time and by virtue of the Merger, each Company Common Unit beneficially owned by the Company (other than units held in a trust, fiduciary, or nominee capacity or as a result of debts previously contracted) or held in the Company’s treasury will be canceled and retired and will cease to exist, and no shares of Parent Common Stock or any other consideration will be issued or paid in exchange therefor.

More Definitions of Company Common Unit

Company Common Unit means a Common Unit of the Company as defined in the LLC Agreement, as in effect immediately prior to the Recapitalization Effective Time.

Company Common Unit means a fractional, undivided share of the LLC Interests of all Members issued pursuant to Section 4.1 and Section 4.2 hereof, but does not include any Company Preferred Unit, OPEU, LTIP Tracking Unit, or any other Company Unit specified in a Unit Designation as being other than a Company Common Unit. “Company Minimum Gain” has the meaning set forth in Regulations Section 1.704-2(b)(2) for the phrase “partnership minimum gain,” and the amount of Company Minimum Gain, as well as any net increase or decrease in Company Minimum Gain, for a Company Year shall be determined in accordance with the rules of Regulations Section 1.704- 2(d). “Company Preferred Unit” means a fractional, undivided share of the LLC Interests of a particular class or series that the Managing Member has authorized pursuant to Section 4.2 hereof that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Company Common Units and OPEUs. “Company Record Date” means the record date established by the Managing Member for the purpose of determining the Members entitled to notice of or to vote at any meeting of Members or to consent to any matter, or to receive any distribution or the allotment of any other rights, or in order to make a determination of Members for any other proper purpose, which, in the case of a distribution of Available Cash pursuant to Section 5.1 hereof, shall generally be the same as the record date established by the Managing Member for a distribution to its stockholders of some or all of its portion of such distribution. “Company Unit” means a Company Common Unit, a Company Preferred Unit, an OPEU, an LTIP Tracking Unit, any other class of unit described in any Unit Designation or any other unit of the fractional, undivided share of the LLC Interests that the Managing Member has authorized pursuant to Section 4.2 hereof.

Company Common Unit means a membership interest unit of the Company to be issued in connection with the Recapitalization, which shall have no voting rights, and shall have the other terms provided for in the Company A&R LLC Agreement.

Company Common Unit. Section 3.3(e)

Company Common Unit means the issued and outstanding common units of limited partner interests of Company L.P.