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.

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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

• 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.

• 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.

• All or any portion of each distribution payable in respect of the Series B Units (the “Series B Unit Distribution”) may, at the election of the Partnership, be paid in Series B PIK Units (any amount of such Series B Unit Distributions so paid in Series B PIK Units, the “Series B PIK Distribution Amount”).

• The approval of a majority of the Series B Units shall be required to approve any matter for which the holders of the Series B Units are entitled to vote as a separate class.

• The Series A Units and Series B Units are to be offered initially to the public (“Offering”) at the offering price of $8.50 and $10.10 per Series A Unit and Series B Unit, respectively.

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

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

Series B Units means non-voting units of participating interest in Primaris designated in the Declaration of Trust as “Series B Units”, each such unit representing an equal undivided beneficial interest, together with the Series A Units, in Primaris;

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

Series B Units means the Series B Units issued by the Company pursuant to the Prior LLC Agreement.