Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.
Initial Units shall have the meaning set forth in Section 2.1.
Initial Units has the meaning ascribed thereto in the first paragraph of this Agreement;
Examples of Initial Units in a sentence
For the aggregate sum of $2,167,500 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 216,750 Initial Units at $10.00 per Initial Unit.
For the aggregate sum of $1,934,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 193,400 Initial Units at $10.00 per Initial Unit.
More Definitions of Initial Units
Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of the First Amended and Restated Agreement.
Initial Units has the meaning given to it above;
Initial Units is defined in the recitals to this Agreement.
Initial Units means the Units sold in the Initial Offering.
Initial Units means, as of the Initial Closing Date, all Units allocated to the Lease SUBI Portfolio as of the Initial Closing Date.
Initial Units means the Units allocated to the Policy which have been classified as Initial Units in accordance with Condition 6.
Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Units owned by such Initial Limited Partner as of the date of this Agreement.