Convertible Preferred Units definition

Convertible Preferred Units has the meaning assigned in Section 3.8.2(a) hereof.
Convertible Preferred Units means the Series A Convertible Preferred Units issued by the Parent pursuant to the Partnership Agreement, the Series B Convertible Units issued by the Parent pursuant to the Partnership Agreement, the Series C Convertible Units issued by the Parent pursuant to the Partnership Agreement and the Series D Convertible Units issued by the Parent pursuant to the Partnership Agreement.
Convertible Preferred Units means any Preferred Units that are convertible, directly or indirectly, into Units.

Examples of Convertible Preferred Units in a sentence

  • Upon such conversion, all of the Company Class C Convertible Preferred Units and Company Class C-1 Convertible Preferred Units converted into Company Class B Units shall no longer be outstanding and shall cease to exist, and each holder of Company Class C Convertible Preferred Units and Company Class C-1 Convertible Preferred Units shall thereafter cease to have any rights with respect to such securities.


More Definitions of Convertible Preferred Units

Convertible Preferred Units means the Class C Units (as defined in the Limited Partnership Agreement) of the Operating Partnership.
Convertible Preferred Units means the Partnership Units designated as Convertible Preferred Units under, and as otherwise defined and described in, the Partnership Agreement.
Convertible Preferred Units means the Series A Convertible Preferred Units and the Series B Convertible Preferred Units.
Convertible Preferred Units means the Units designated as Series A Cumulative Convertible Preferred Units under this Agreement, received by the Managing General Partner in exchange for a portion of its capital contribution, having the rights described in this Agreement. The initial number of Convertible Preferred Units outstanding is as set forth on Exhibit A.
Convertible Preferred Units means a new class of convertible preferred units representing limited partner interests of DKL, issued as part of the Base Purchase Price for the Company Group Interests.
Convertible Preferred Units means Units entitled to a specified rate of return on contributed capital and convertible into Common Units.
Convertible Preferred Units means the Partnership Units designated as Convertible Preferred Units under this Agreement having the rights described in this Agreement. The number of Convertible Preferred Units outstanding from time to time is as set forth on EXHIBIT A, as amended by the General Partner from time to time.