Québec Class Units definition

Québec Class Units means the Québec Class limited partnership units of the Partnership. “Québec Portfolio” means the investment portfolio in respect of the Québec Class Units. “Québec Tax Act” means the Taxation Act (Québec).
Québec Class Units means, collectively, the Series A Québec Class Units and the Series F Québec Class Units.
Québec Class Units means Class A or Class F Units of the Partnership the proceeds of which are invested in the Québec Portfolio.

Examples of Québec Class Units in a sentence

  • The Agents’ fees payable in connection with the sale of Québec Class Units will be paid from the proceeds from the sale of Québec Class Units and will not form part of the Available Funds of the Québec Portfolio.

  • The Agents’ fee calculated assumes all National Class Units and Québec Class Units sold are Class A Units.

  • The GLAR Purchase Agreement advises the BUYER to seek legal, tax, environmental, and other appropriate professional advice and specifically states that broker does not make any representations or warranties with respect to the advisability of, or the legal effect of this transaction.

  • The Partnership has four classes of Units – the Class A and Class F National Class Units and the Class A and Class F Québec Class Units.

  • The Agents’ fee calculation for each of the minimum Offering and maximum Offering in respect of each of the National Class Units and Québec Class Units assumes that only Class A Units are sold.


More Definitions of Québec Class Units

Québec Class Units means Class A or Class F Units of the Partnership the proceeds of which are invested in the Québec Portfolio.“Québec Limited Partner” means a Limited Partner that is resident in or subject to tax in Québec and that is a Limited Partner at the end of a fiscal year of the Partnership.
Québec Class Units means the Québec CEE FT Class limited partnership units of the Partnership, which are not offered pursuant to this Prospectus. See “The Partnership”.
Québec Class Units means the Maple Leaf Short Duration 2014 Flow-Through Québec Class limited partnership units of the Partnership.

Related to Québec Class Units

  • 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.

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

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

  • principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company;

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

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Class C Units The term "Class C Units" shall have the meaning set forth in the preface.

  • 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 B-6 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-6 Percentage for such Distribution Date will be zero.

  • Class B Interests As set forth in the Trust Agreement.

  • Class C Shares means shares of the Class C Common Stock.

  • Class I Shares means Class I Shares in the Company as set forth in the relevant

  • Class S designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • 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.

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

  • Original Class B-6 Percentage The Class B-6 Percentage as of the Cut-Off Date, as set forth in Section 11.13.

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Class B-4 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Percentage for such Distribution Date will be zero.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Subordinate Class Percentage With respect to any Distribution Date and any Class of Subordinate Certificates, a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of such Class of Subordinate Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date.

  • Restricted Classes As defined in Section 4.02(e).

  • Class B-5 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-5 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-5 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-5 Percentage for such Distribution Date will be zero.

  • Class C Percentage Interest As of any date of determination, with respect to the Class C Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class C Certificates on such date, and the denominator of which is the Class Principal Balance of the Class C Regular Interest on such date.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class B Percentage Interest As of any date of determination, with respect to the Class B Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class B Certificates on such date, and the denominator of which is the Class Principal Balance of the Class B Regular Interest on such date.