Ordinary LP Units definition

Ordinary LP Units means the Class A limited partnership units of the Partnership, all of which are owned by the Trust.
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Ordinary LP Units means the Ordinary LP Units of Colabor;
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Ordinary LP Units. ’ means the Class A limited partnership units of AGHLP.
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Examples of Ordinary LP Units in a sentence

  • SIR Holdings Trust, a direct subsidiary of the Fund, holds all of the issued Ordinary LP Units.

  • Ordinary LP Units and Ordinary GP Units The holders of the Ordinary LP Units are entitled to receive a pro rata share of all residual distributions.

  • The holders of the Ordinary LP Units and the Class A LP Units are entitled to receive a pro rata share of all residual distributions of the Partnership.

  • The holders of the Ordinary LP Units are entitled to receive a pro rata share of distributions and the holders of the Ordinary GP Units receive a fixed monthly distribution of$5 in aggregate.The holders of the Class A LP Units are entitled to receive a pro rata share of all residual distributions of the Partnership.

  • Accordingly, the Ordinary LP Units and the Class A LP Units of the Partnership have been classified as a financial liability in the consolidated statements of financial position.

  • On October 12, 2004, the Fund, indirectly through the Trust and SIR GP Inc., respectively, acquired all of the Ordinary LP Units and 99 Ordinary GP Units.

  • Accordingly, the Ordinary LP Units and Class A LP Units of the Partnership have been classified as a financial liability in the consolidated statements of financial position.

  • Generally, the Partnership units have no voting rights, except in certain specified conditions.The Partnership makes cash distributions to its partners in the following order of priority: i) First, to the holders of the Class C GP Units and the Class C LP Units, ii) second, to the holders of the Class B GP Units, iii) third, to the holders of the Ordinary GP Units, and iv) thereafter, to the holders of the Class A GP Units, the Class A LP Units, and the Ordinary LP Units.

  • The Ordinary LP Units and the Class A LP Units are accounted for at amortized cost, with changes in the carrying value of Ordinary LP Units and the Class A LP Units of the Partnership recorded in the consolidated statements of operations and comprehensive loss.

  • The holders of the Ordinary LP Units and Class A LP Units are entitled to receive their pro rata share of all residual distributions of the Partnership.

Related to Ordinary 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.

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

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • voting equity securities means equity securities having voting power for the election of directors, whether at all times or only so long as no senior class of security has such voting power by reason of any contingency.