Series B Units definition

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

Series B Units is defined in Section 3.2(a).

Series B Units has the meaning assigned to such term in the LLC Agreement.

Examples of Series B Units in a sentence

• Due to the performance condition not being probable as of the date of the financial statements, the Company has not recorded any expense for the Series B Units issued.

• The registration of the Series A Units, Series B Units, the Common Stock, Class B Common Stock, Class W Warrants and Class Z Warrants under the Exchange Act has been declared effective by the Commission on the date hereof.

• Series B holders only participate in proceeds distributions above the threshold value assigned to their tranche of Series B Units at the time of their issuance.

• The Company has filed with the Commission a Form 8-A (File Number 000- ) providing for the registration under the Securities Exchange Act of 1934, as amended (“Exchange Act”), of the Series A Units, Series B Units, the Common Stock, Class B Common Stock, Class W Warrants and Class Z Warrants.

• The Company had the following equity balances: Series A Units, 1,500,000 units authorized; 500,000 units issued $500,000 Common Units, 3,500,000 units authorized; 2,000,000 units issued - Series B, 300,000 units authorized, 222,201 units issued - Warrant 12,500 Accumulated deficit (503,716) $8,784 Series A and Common Units have voting rights while Series B Units have no voting rights.

More Definitions of Series B Units

Series B Units means the preferred units, Series B, of Artis, having the attributes set forth in the certificate of preferred unit terms in respect of the Series B Units which was approved by the Trustees as of August 2, 2012;

Series B Units means in respect of a Fund, the Series B Units of that Fund. (cc) “Series C Units” means in respect of a Fund, the Series C Units of that Fund. (dd) “Series D Units” means in respect of a Fund, the Series D Units of that Fund. (ee) “Series DZ Units” means in respect of a Fund, the Series DZ Units of that Fund. (ff) “Series F Units” means in respect of a Fund, the Series F Units of that Fund.

Series B Units means Units of the Company issued as described in Section 6.1(b).

Series B Units means the Series B Units representing limited liability company interests in IDR Holdings.

Series B Units means the units of beneficial interest in the Trust, designated as “Series B Units”;

Series B Units has the meaning given such term in the limited liability company agreement of IDR Holdings as amended, supplemented or restated from time to time as permitted hereunder.

Series B Units has the meaning set forth in the Partnership Agreement.