Series N Units definition

Series N Units means in respect of a Fund, the Series N Units of that Fund. (hh) “Series O Units” means in respect of a Fund, the Series O Units of that Fund.
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Examples of Series N Units in a sentence

  • Series N Units are available to investors who are considered non-residents of Canada for the purpose of the Excise Tax Act (Canada).

  • Series N Units of the Pool can be bought in U.S. dollars as well as Canadian dollars.

  • The Units, the Series N Units and the Common Shares are not subject to any preemptive rights or rights of first refusal, except as otherwise so agreed to by the holders thereof.

  • Series N Units are available to investors who meet eligibility requirements and invest a minimum of $2,500, who are considered non-residents of Canada for the purpose of the Excise Tax Act (Canada).

  • The annual management fees rate of the respective series of units of each Fund are as follows: Management Fee Applied to Total AssetsSeries A Units0.75%Series F Units0.75%Series N Units0.75% In addition to the above, Series A and Series N Units are charged a management fee equal to 1.0% per annum calculated daily as a percentage of the NAV applicable to the Series.

  • The Units and the Series N Units will be non-assessable and not subject to any obligation or call for capital contributions.

Related to Series N 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.

  • Common Units is defined in the Partnership Agreement.

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

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

  • 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).

  • 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 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.

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

  • 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.

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

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

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Company Units has the meaning set forth in the Recitals.

  • Trust Units means units of the Trust;

  • 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.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

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

  • Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Class B Preferred Shares means class B preferred shares of Pembina;