Preferred A Units definition

Preferred A Units means the “Class A Preferred Units” under and as defined in the Partnership Agreement.
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Preferred A Units means the “Preferred A Units” as such term is defined in the Company LLC Agreement.
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Preferred A Units means the Preferred A Units authorized to be issued by the Company pursuant to Sections 3.1 and 3.2(b).
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Examples of Preferred A Units in a sentence

  • Redemption Rights Beginning July 23, 2013 or upon a Liquidation Event, the Series A Preferred Units and Senior Series A Preferred Units may be redeemed at any time and from time to time, in whole or in part, by the Company without penalty, provided that an equal proportion of the outstanding Series A Preferred Units and Senior Series Preferred A Units is redeemed as between the members holding the Series A Preferred Units and Senior Series Preferred A Units.

  • Preferred A Units and Common Units have the same economic rights with respect to quarterly distributions and other distributions of available cash.

  • The Preferred A Units have a redemption right as described in the Partnership Agreement.

  • Five hundred thousand (500,000) Common Units and five (5) Preferred A Units shall be issued to KAP Group LLC as five (5) Combined A Units, each Combined A Unit consisting of one hundred thousand (100,000) Common Units and one (1) Preferred A Unit.

  • There are (a) 62,081 Common Units of the Company issued and outstanding, (b) no Preferred A Units of the Company issued and outstanding, and (c) 18,251.8886 Preferred B Units (inclusive of the 6,085 Preferred B Units to be issued to the Purchaser hereunder).

  • Upon the Merger, all of the Preferred A Units (and all fractions of Preferred A Units) shall automatically be canceled and retired and shall cease to exist, and shall thereafter represent only the right to receive the applicable number (or fractional number) of Holdco Preferred A Units.

  • On September 8, 2012, Carlyle PES, L.L.C. (Carlyle PES) contributed cash to PES LLC in exchange for 67% of the Common Units of PES LLC and 25 million Preferred A Units of PES LLC.

  • On and after the fifth anniversary of the Effective Date, at the option of any Preferred A Holder, such Member may elect (by providing written notice thereof to the Company) to convert any Preferred A Units not previously redeemed pursuant to Section 5.3(a)(iv) and then held by such Member, into Common Units at the rate of one Common Unit for each Preferred A Unit converted.

  • Preferred A Units shall be exchanged for Common LP Units or Subordinated LP Units in Armada LP in exchange for the Contribution of the Preferred A Units.

  • The Company is authorized to accept Capital Contributions in respect of, and to issue, five (5) Preferred Units designated Series A (the "PREFERRED A UNITS"), twenty (25) Preferred Units designated Series B (the "PREFERRED B UNITS") and thirty-five (35) Preferred Units designated Series C (the "PREFERRED C UNITS"; and, together with the Preferred A Units and the Preferred B Units, the "INITIAL PREFERRED UNITS").


More Definitions of Preferred A Units

Preferred A Units has the meaning set forth in the Partnership Agreement.
Sample 1

Related to Preferred A Units

  • 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.

  • 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.

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

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

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

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • 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.

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

  • 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.

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

  • Common Units is defined in the Partnership Agreement.

  • Class B Units means the Class B Units of the Company.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Qualified Preferred Stock means any preferred capital stock of Holdings so long as the terms of any such preferred capital stock (x) do not contain any mandatory put, redemption, repayment, sinking fund or other similar provision prior to the 91st day after the Latest Maturity Date as of the date such Qualified Preferred Stock was issued other than (i) provisions requiring payment solely (or with provisions permitting Holdings, to opt to make payment solely) in the form of common Equity Interests, Qualified Preferred Stock of Holdings or cash in lieu of fractional shares, as applicable, or any Equity Interests of any direct or indirect Parent Company of Holdings, (ii) provisions requiring payment solely as a result of a change of control or asset sale, so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale are subject to the payment in full of all Obligations in cash (other than unasserted contingent indemnification obligations) or such payment is otherwise permitted by this Agreement (including as a result of a waiver or amendment hereunder) and (iii) with respect to preferred capital stock issued to any plan for the benefit of employees of Holdings or its Subsidiaries or by any such plan to such employees, provisions requiring the repurchase thereof in order to satisfy applicable statutory or regulatory obligations and (y) give Holdings the option to elect to pay such dividends or distributions on a non-cash basis or otherwise do not require the cash payment of dividends or distributions at any time that such cash payment is not permitted under this Agreement or would result in an Event of Default hereunder.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B Preferred means the Company’s Series B Preferred Stock, par value $0.001 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.