Special Voting Unit definition

Special Voting Unit means a special voting unit of the REIT;
Special Voting Unit means a Partnership Interest having the rights and obligations specified with respect to Special Voting Units in this Agreement. For the avoidance of doubt, holders of Special Voting Units, in their capacity as such, shall not have any rights to ownership or profits or losses or any rights to receive distributions from operations or upon the liquidation or winding-up of the Partnership.
Special Voting Unit means a special voting unit of the Fund to be issued to the holders of securities exchangeable into Units, and which shall entitle the holder to vote at any meeting of Voting Unitholders.

Examples of Special Voting Unit in a sentence

  • Each Special Voting Unit entitles the holder thereof to one vote at all meetings of Unitholders or with respect to any written resolution of Unitholders.

  • A Special Voting Unit will be issued in tandem with each Class B LP Unit issued.

  • Each Special Voting Unit entitles the holder to the number of votes at any meeting of unitholders, which is equal to the number of Trust Units that may be obtained upon surrender of the LP Class B unit to which the Special Voting Unit relates.

  • Each Class B LP Unit is accompanied by a Special Voting Unit, which entitles the holder to receive notice of, attend and vote at all meetings of Unitholders.

  • Each Special Voting Unit will entitle the holder to that number of votes at any meeting of Voting Unitholders that is equal to the number of Units that may be obtained upon the exchange of the Exchangeable LP Unit to which it is attached.


More Definitions of Special Voting Unit

Special Voting Unit means a special voting unit of the Trust;
Special Voting Unit means a unit of Centurion Apartment REIT issued only in connection with the Rollover Agreement. “Standard Apartment Building” means an apartment building not primarily targeted towards students.
Special Voting Unit means a special voting unit of the REIT attached to a Class B LP Unit;
Special Voting Unit means a unit representing an interest in the REIT (other than Units) authorized and issued under the Declaration of Trust to a holder of Exchangeable Securities which have no economic interest but which provide the Exchangeable Securities holder with the same voting rights in the REIT as a Unit;
Special Voting Unit means a unit of interest in Boardwalk REIT to be issued to the holders of LP Class B Units providing rights to vote as a Unitholder;
Special Voting Unit means a special voting unit of the Trust referred to in Section3.1(a) and includes a fraction thereof.
Special Voting Unit means a special voting unit in the capital of the REIT, as described under “Description of the Trust and Description of the Securities – Units, Special Voting Units and Other Securities – Special Voting Units”.