Examples of LP Unitholders in a sentence
Approval of Matters by Xxxx Road LP Unitholders Other than certain housekeeping amendments set out in the Xxxx Road LP Agreement, no amendment, alteration, supplement or restatement of the Xxxx Road LP Agreement is valid unless approved by an Ordinary Resolution of the holders of Xxxx Road LP Units.
Such approvals are in addition to, and not replacement of, any approvals required by applicable law or exchange requirements.It is important for Shareholders to note that the Company will have no right, and GDH GP will have no obligation, to cause GDH LP to make distributions to GDH LP Unitholders or withdrawals from GDH LP, including the Company.
The amount of the contribution will be an amount equal to the shortfall in the per unit distribution to the Class B LP Unitholders.
Partners L.P. Unitholders Litig., 2012 WL 1142351, at *4-12 (Del.
The Plan enables REIT Unitholders to invest any and all cash distributions on REIT Units beneficially held by such REIT Unitholders in additional REIT Units and enables LP Unitholders to invest any and all cash distributions on LP Units beneficially held by such LP Unitholders in additional LP Units.
Management also believes that providing proportionate information helps investors understand the impacts of decisions made by management and financial results allocable to Brookfield Renewable’s LP Unitholders.
The General Partner is not liable to the LP Unitholders for any mistakes or errors in judgment or for any act or omission believed by it in good faith to be within the scope of authority conferred by the Limited Partnership Agreement, other than certain exceptions as described in the Limited Partnership Agreement.
Upon ceasing to be a resident of Canada, a LP Unitholder shall forthwith notify the Agent who shall immediately terminate such LP Unitholder's participation in the Plan.
Reclassification of distributions to Trust Unitholders and Exchangeable LP UnitholdersUnder Canadian GAAP, distributions to Trust Unitholders and Exchangeable LP Unitholders are recorded as a reduction in retained earnings and non-controlling interests, respectively.
NATURE, SOURCE AND AMOUNT OF CONSIDERATION (a) Consideration Upon the consummation of the transactions contemplated by the Merger Agreement, the LP Unitholders will be entitled to receive the Merger Consideration in an amount equal to (i)$2,250,000,000, minus (ii) any Leakage, and minus (ii) the amount of any Pre-Closing Dividend paid by TL to its parent, Talcott Resolution Life, prior to the Effective Time.