Contributed Units definition

Contributed Units means the subordinated units in the Master Limited Partnership contributed to the Partnership in 2001, which subordinated units converted into common units in the Master Limited Partnership in accordance with the provisions of the Master Limited Partnership Agreement.
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Contributed Units shall have the meaning set forth in Section 2.1(a)(v);
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Contributed Units has the meaning set forth in Section 1.2(a) of this Agreement.
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Examples of Contributed Units in a sentence

  • The General Partner may in its discretion dispose of any or all of the Contributed Units in connection with the administration of the Option Plan, including without limitation any exercise of cancellation of an Option or any termination of the Plan.

  • Proceeds of any other disposition of Contributed Units may be disbursed at the discretion of the General Partner.

  • Subject to the provisions of Sections 4(c) hereof, the Restricted Stock will be subject to the same vesting terms and conditions and in the same proportions as the Contributed Units; provided, that, the Participant has not incurred a Termination prior to any applicable vesting date.

  • The Subject Units and the Contributed Units will constitute all of the ETP Common Units owned of record or beneficially by ETE Holdings immediately prior to giving effect to the transactions contemplated hereby.

  • For the avoidance of doubt, if, as of the Grant Date, any of the Contributed Units have vested pursuant to their terms, such applicable portion of the Restricted Stock will be vested as of the Grant Date.

  • Notwithstanding any other provision of this Agreement, but subject to Section 5.4, all income, gain, loss and deduction related to the Contributed Units shall be allocated to the Partners in proportion to their relative Unit Percentages.

  • Notwithstanding any other provision of this Agreement, but subject to Section 5.5, all income, gain, loss and deduction related to the Contributed Units shall be allocated to the Partners in proportion to their relative Unit Percentages.

  • Upon the terms and subject to the conditions specified herein and in the Purchase Agreement, effective as of the date hereof, QTS REIT hereby assumes and agrees to hereafter pay, honor, discharge and perform, as the case may be, in a timely manner and in accordance with their respective terms, all QTG’s liabilities and obligations with respect to the Contributed Units pursuant to the agreement of limited partnership of the Partnership (but no other liabilities or obligations).

  • Notwithstanding any other provision of this Agreement, all cash attributable to the ownership or disposition by the Partnership of Contributed Units shall be distributed to the Partners in proportion to their relative Unit Percentages within forty-five days after the end of each quarter.

  • The Parties acknowledge and agree that the Target Investor Contributed Units, the Target Investor GP LLC Units, the Target Investor Units, the Target EXCO Contributed Units, the Target EXCO GP LLC Units and the Target EXCO Units should only be adjusted in accordance with Section 2.3 of the UPCA and should not be adjusted by the applicable percentage of the Cash Adjustment Amount.


More Definitions of Contributed Units

Contributed Units has the meaning set forth in the recitals.
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Contributed Units has the meaning specified in the recitals of this Agreement.
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Contributed Units is defined in the Recitals.
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Contributed Units means the 7.430 Class A membership units and the 1.857 Class B membership units in the Company to be contributed by the Management Sellers to Xxxxx Brothers.
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Contributed Units means all of the [TYPE OF EQUITY INTEREST] in [VALOR ENTITY] owned by the Contributor.
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Contributed Units has the meaning set forth in Section 3.
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Related to Contributed Units

  • Contributed Interests has the meaning set forth in the recitals to this Agreement.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Common Units is defined in the Partnership Agreement.

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

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • 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.

  • Redeemed Units has the meaning set forth in Section 11.01(a).

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

  • Company Units has the meaning set forth in the Recitals.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • 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.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Membership Interests has the meaning set forth in the recitals.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Class B Interests As set forth in the Trust Agreement.