Examples of Sponsor Subordinated Units in a sentence
As consideration for the Reserves Contribution, the Partnership shall issue the Sponsor Common Units, the Sponsor Subordinated Units and the Incentive Distribution Rights to WPT.
Xxxxx or the Transferee Entity (as the case may be) shall be entitled to sell, transfer or otherwise dispose of in public markets up to twenty five percent of his/its Sponsor Common and Sponsor Subordinated Units on or after December 31, 2015, and Xxxxx or the Transferee Entity (as the case may be) shall be entitled to sell, transfer or otherwise dispose of in public markets up to one hundred percent (100%) of his/its Sponsor Common and Sponsor Subordinated Units on or after December 31, 2019.
And, indeed, the wording of the current FHA statute of limitations is a codification of the continuing violation principles articulated by the Court in Havens Realty.
A will convey its remaining membership interest in MLP Operating (the “GIP-A LP Interest”) to the Partnership in exchange for (i) 35.1633907% of the GIP Common Units, (ii) 17.5816953% of the Sponsor Subordinated Units and (iii) the right to receive 35.1633907% of the Deferred Issuance and Distribution (collectively, the “GIP-A Consideration”).
As consideration for such interests, the Partnership shall issue the Sponsor Subordinated Units and the Incentive Distribution Rights to CEG.