Exchange LP Units definition

Exchange LP Units means the exchangeable limited partnership units of Exchange LP;
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Exchange LP Units means the exchangeable limited partnership units of Exchange LP; “Exchange Ratio” means 0.3979, subject to adjustment in accordance with Section 3.7(a);
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Exchange LP Units means the exchangeable units of Brookfield Infrastructure Partners Exchange LP;
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Examples of Exchange LP Units in a sentence

  • In addition to limited partnership units, our partnership’s capital structure includes BIPC exchangeable shares, BIPC Exchangeable LP Units, general partner and Redeemable Partnership Units, as well as Exchange LP Units.

  • For the avoidance of doubt, this Section 2.1(i) is not itself intended to place any restriction on the ability of any LP Unitholder to Exchange LP Units pursuant to this Agreement.

  • The Exchange LP Units are exchangeable at any time on a one-for-one basis, at the option of the holder, subject to their terms and applicable law, for LP Units.

  • Notwithstanding anything to the contrary herein, a Holdings Common Unitholder may Exchange LP Units only to the extent such Holdings Common Unitholder’s Revaluation Capital Account at the time of the exchange represents at least the same percentage of the aggregate Revaluation Capital Account balances of all partners of Holdings as the Percentage Interest represented by such Common Units to be Exchanged.

  • Brookfield’s economic interest in our partnership is approximately 28.5%, assuming the exchange of all issued and outstanding Redeemable Partnership Units, Exchange LP Units and BIPC exchangeable shares.Our mission is to own and operate a globally diversified portfolio of high quality infrastructure assets that will generate sustainable and growing distributions over the long-term for our unitholders.

  • Subsequent to quarter-end, Brookfield Infrastructure announced a three-for-two stock split of BIP units, BIPC exchangeable shares, Exchange LP Units, and BIPC exchangeable LP units, payable on June 10, 2022 to unitholders/shareholders of record at the close of business on June 6, 2022.

  • On June 10, 2022, Brookfield Infrastructure completed a three-for-two stock split of BIP units, BIPC exchangeable shares, Exchange LP Units, and BIPC exchangeable LP units, by way of a subdivision whereby unitholders/shareholders received an additional one-half of a unit/share for each unit/share held.

  • We see this hinted at it in our discussion of Thomas Aquinas’ treatment of the testamentary obligations of fathers.

  • The acquisition was funded through equity of $427 million (Enercare consortium total of $2.0 billion), $232 million of Exchange LP Units (5.7 million units issued by Exchange LP), and $64 million (Enercare consortium total of $216 million) of asset level debt raised on closing.

  • The following table presents changes to the Exchange LP Units from the beginning of the year: Limited Partnership Units of Brookfield Office Properties Exchange LP(Thousands of units)Jun.


More Definitions of Exchange LP Units

Exchange LP Units means the exchangeable units of Brookfield Infrastructure Partners Exchange LP (“Exchange LP”), a subsidiary of the partnership, which were issued in connection with the partnership’s acquisition of an effective 30% interest in Enercare Inc. (“Enercare”), and which provide holders with economic terms that are substantially equivalent to the units and are exchangeable, on a one-for-one basis, for units;
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Related to Exchange LP Units

  • 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.

  • 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.

  • Common Units is defined in the Partnership Agreement.

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

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

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

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

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

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • REIT Shares shall have the meaning set forth in the OP Agreement.

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

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Membership Units means membership interests in the Company.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Exchange and Registration Rights Agreement means (i) the Exchange and Registration Rights Agreement dated the Issue Date among the initial purchasers named therein and the Company, as the same may be amended, supplemented or modified from time to time and (ii) any similar exchange and/or registration rights agreement entered into with respect to any Additional Securities, as any such agreement may be amended, supplemented or modified from time to time.

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

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Class A Common Units means the Company's Class A Common Units.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • 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.

  • Series B Preferred Units shall have the meaning provided in Section 1.