Outstanding Units means, with respect to any Unit and as of the date of determination, all Units evidenced by Certificates theretofore authenticated, executed and delivered under this Agreement, except:

Outstanding Units means, as of the date of determination, all Normal Units or Stripped Units evidenced by Certificates theretofore authenticated, executed and delivered under this Agreement, except:

Outstanding Units means, as of the date of determination, all Units evidenced by then Outstanding Unit Certificates, except, on or after the Termination Date or Stock Purchase Date, Units for which the underlying Pledged Securities or the Common Stock purchasable upon settlement of the underlying Purchase Contracts, as the case may be, have been theretofore deposited with the Unit Agent in trust for the Holders of such Units; provided, however, that in determining whether the Holders of the requisite number of Units have given any request, demand, authorization, direction, notice, consent or waiver hereunder, Units owned by the Company or any Affiliate of the Company shall be disregarded and deemed not to be outstanding, except that, in determining whether the Unit Agent shall be protected in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Units which the Unit Agent actually knows to be so owned shall be so disregarded. Units so owned which have been pledged in good faith may be regarded as Outstanding Units if the pledgee establishes to the satisfaction of the Unit Agent the pledgee's right so to act with respect to such Units and that the pledgee is not the Company or any Affiliate of the Company.

Examples of Outstanding Units in a sentence

Each proposed amendment that requires the approval of the holders of a specified percentage of Outstanding Units shall be set forth in a writing that contains the text of the proposed amendment.
All references in this Agreement to votes of, or other acts that may be taken by, the Outstanding Units shall be deemed to be references to the votes or acts of the Record Holders of such Outstanding Units.
If such an amendment is proposed, the General Partner shall seek the written approval of the requisite percentage of Outstanding Units or call a meeting of the Unitholders to consider and vote on such proposed amendment.
The right of the holders of Outstanding Units to remove the General Partner shall not exist or be exercised unless the Partnership has received an opinion opining as to the matters covered by a Withdrawal Opinion of Counsel.
Special meetings of the Limited Partners may be called by the General Partner or by Limited Partners owning 20% or more of the Outstanding Units of the class or classes for which a meeting is proposed.

More Definitions of Outstanding Units

Outstanding Units has the meaning set forth in the Partnership Agreement.

Outstanding Units means the number of Units shown on the books and records of the Partnership to be outstanding other than Units held by the Partnership; provided, however, that for purposes of a written approval or affirmative vote required to take any action hereunder, the number of Outstanding Units shall not include Units held by an assignee who has not been admitted as a Limited Partner pursuant to the terms of this Agreement.

Outstanding Units with respect to any Corporate Unit or Treasury Unit, means, as of the date of determination, all Corporate Units or Treasury Units evidenced by Certificates previously authenticated, executed and delivered under this Agreement, except:

Outstanding Units means the aggregate number of units of the Company that are issued and outstanding as of immediately prior to the Effective Time (including Dissenting Units, if any, but excluding any units that are to be cancelled pursuant to Section 2.3(b)).

Outstanding Units is defined in Section 1(e)(ii).

Outstanding Units means, at any time of determination, the number of then outstanding Class A Units.

Outstanding Units means Units comprised of Outstanding Shares.