OP Class A Units definition
OP Class A Units means (a) prior to the Conversion, the class of partnership units of the Operating Partnership designated as “Class A Units” pursuant to the Existing OP LPA, and (b) from and after the Conversion, the class of membership units of the Operating Partnership designated as “Class A Units” pursuant to the LLCA.”.
OP Class A Units means the class of partnership units of the Operating Partnership designated as “Class A Units” pursuant to the Existing OP LPA.
OP Class A Units set forth in Section 1.1 of the Existing Agreement is hereby deleted in its entirety and replaced with the following:
Examples of OP Class A Units in a sentence
The issued and outstanding limited partnership or other equity interests of the Operating Partnership, as of the date of this Agreement, consists of 16,959,593 OP Common Units, 425,532 OP Class A Units, 282,027 OP LTIP Units, 1,500,000 OP Performance Units, 39,811 OP Series 1 Preferred Units and 2,862 OP Series A Preferred Units.
More Definitions of OP Class A Units
OP Class A Units means the class of partnership units of the Operating Partnership designated as “Class A Units” pursuant to the Existing OP