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.
LLC Units has the meaning set forth in the LLC Agreement.
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.
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.
Company Units has the meaning set forth in the Recitals.
Partnership Units or “Units” has the meaning provided in the Partnership Agreement.
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.
OP Units means units of limited partnership interest in the Operating Partnership.
General Partner Units has the meaning assigned to such term in the Partnership Agreement.
Common Units means common units representing limited partner interests in the Partnership.
Class B Units means the Class B Units of the Company.
Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.
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.
public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:
Covered Units means, with respect to each Unitholder, such Unitholder’s Existing Units, together with any WMLP Common Units that such Unitholder becomes the Record Holder or beneficial owner of on or after the date hereof.
Initial Common Units means the Common Units sold in the Initial Offering.
Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.
Redeemed Units has the meaning set forth in Section 11.01(a).
Membership Interests has the meaning set forth in the recitals.
Class D Units has the meaning ascribed to such term in the LLC Agreement.
Offered Units shall have the meaning set forth in Section 11.1 hereof.
Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.
Co-op Shares Shares issued by private non-profit housing corporations.
General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.
A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;
Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].