Parity Partnership Units definition

Parity Partnership Units shall have the meaning set forth in paragraph (b) of Section 7 of this Exhibit H.
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Parity Partnership Units shall have the meaning set forth in Section 3(b) of this Partnership Unit Designation.
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Parity Partnership Units shall have the meaning set forth in paragraph (b) of Section 7 of this Article.
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Examples of Parity Partnership Units in a sentence

  • Notwithstanding the foregoing provisions of this Section 4, the Partnership shall not be prohibited from (i) declaring or paying or setting apart for payment any distribution on any Parity Partnership Units or (ii) redeeming, purchasing or otherwise acquiring any Parity Partnership Units, in each case, if such declaration, payment, redemption, purchase or other acquisition is necessary to maintain the General Partner’s qualification as a REIT.

  • On the other hand, FDR has an average value of 0.776 with a standard deviation of 0.026, a minimum value of 0.701, and a maximum value of 0.820.

  • Nothing --------- contained in Exhibit F or Exhibit T to this Partnership Agreement shall prohibit --------- --------- the Partnership from issuing additional Partnership Units which are Parity Partnership Units with the Series D Preferred Partnership Units.

  • The Series A Preferred Partnership Units are Parity Partnership Units with the Series C Preferred Partnership Units, and all Common Partnership Units shall rank junior to Preferred Partnership Units as to rights to receive distributions and rights upon liquidation, dissolution or winding up of the Partnership.

  • Nothing contained in Exhibit F or --------- --------- Exhibit S to this Agreement shall prohibit the Partnership from issuing --------- additional Partnership Units which are Parity Partnership Units with the Series C Preferred Partnership Units.

  • Upon any liquidation, dissolution or winding up of the Partnership, after all distributions shall have been made in full to the holders of Series C PPUs and any Parity Partnership Units to enable them to receive their respective liquidation preferences, any Junior Partnership Units shall be entitled to receive any and all assets remaining to be paid or distributed, and the holders of the Series C PPUs and any Parity Partnership Units shall not be entitled to share therein.

  • Upon any liquidation, dissolution or winding up of the Partnership, after all distributions shall have been made in full to the holders of Series B PPUs and any Parity Partnership Units to enable them to receive their respective liquidation preferences, any Junior Partnership Units shall be entitled to receive any and all assets remaining to be paid or distributed, and the holders of the Series B PPUs and any Parity Partnership Units shall not be entitled to share therein.

  • We might expect that the latter will enter with a higher level of demand.

  • Notwithstanding the foregoing provisions of this Section 3, the Partnership shall not be prohibited from (i) declaring or paying or setting apart for payment any distribution on any Series A Parity Partnership Units or (ii) redeeming, purchasing or otherwise acquiring any Series A Parity Partnership Units, in each case, if such declaration, payment, redemption, purchase or other acquisition is necessary to maintain the General Partner’s qualification as a REIT.


More Definitions of Parity Partnership Units

Parity Partnership Units shall have the meaning set forth in Section 9 of this EXHIBIT F.
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Related to Parity Partnership Units

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • 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.

  • Parity Preferred Units shall have the meaning provided in Section 4.

  • 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.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Series B Preferred Units means the Partnership's 8 5/8% Series B Cumulative Redeemable Partnership Units.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Class A Common Units means the Company's Class A Common Units.

  • 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 such Act.

  • 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 A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • 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.

  • Partnership Unit Designation shall have the meaning set forth in Section 4.2.A hereof.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Membership Units means the units into which the ownership interests of the Members in the Company are divided, including such Member’s Economic Interest and the right of such Member to any and all benefits to which such Member may be entitled as provided in this Agreement or under the Act, together with the obligation of such Member to comply with all of the provisions of this Agreement and of the Act.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • 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.