Examples of MLP GP Units in a sentence
Notwithstanding the foregoing, the Borrower may not designate (A) the MLP GP or (B) any holder of MLP GP Units as an Unrestricted Subsidiary.
Notwithstanding the foregoing, the Borrower may not designate (A) the MLP GP or (B) any holder of MLP GP Units as an Unrestricted Subsidiary.
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.
General Partner Units has the meaning assigned to such term in the Partnership Agreement.
Partnership Units or “Units” has the meaning provided in the Partnership Agreement.
OP Units means units of limited partnership interest in the Operating Partnership.
Common Units is defined in the Partnership Agreement.
Class B Units means the Class B Units of the Company.
Class A LP Units means the Class A limited partnership units of the Partnership.
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.
Class B Common Units has the meaning set forth in Section 1(a) hereof.
Common Unitholder means a Member who is the registered holder of Common Units.
LLC Units has the meaning set forth in the LLC Agreement.
General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.
Initial Common Units means the Common Units sold in the Initial Offering.
General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.
Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.
Company Units has the meaning set forth in the Recitals.
Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.
Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].
LTIP Units means LTIP Units, as such term is defined in the Partnership 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.
Subordinated Units has the meaning assigned to such term in the Partnership Agreement.
General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.
Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.
Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.
Class C Units The term "Class C Units" shall have the meaning set forth in the preface.