Subordinated LP Units definition

Subordinated LP Units means the subordinated units representing FELP’s limited partnership interests, which are not entitled to receive a distribution from FELP’s operating surplus until the holders of Common LP Units have received a certain minimum quarterly distribution from FELP’s operating surplus.
Subordinated LP Units means units representing subordinated limited partner interests in Genesis OLP.
Subordinated LP Units means the Subordinated LP Units representing a Limited Partner Interest held by Salomon and Howell immediately prior to the closing of the Restructuring.

Examples of Subordinated LP Units in a sentence

  • The Special Voting Units are only issuable for the purpose of providing voting rights to the holders of Exchangeable LP Units or Subordinated LP Units.

  • Careful optimization of the reaction conditions (use of MS as a thermodynamic sink for water and methanol; use of the ‘non-coordinating’ counteraniontetrakis[3,5-bis(trifluoromethyl)phenyl]borate (BArF — ))36–40eventually led to the formation of cryptate [Na + Co-Me2-1.1.1]BArF — (named in loose analogy to Lehn’s classic cryptates; ‘o’stands for orthoester) as the predominant reaction product (isolated yields typically 60%–70%).As shown in the 1H NMR spectra presented in Fig.

  • If a holder of Liquor Barn Exchangeable LP Units, Liquor Barn Subordinated LP Units, Liquor Barn Convertible Debentures or Liquor Barn Options, as the case may be, does not exercise the exchange, conversion or purchase rights associated with such securities before the Expiry Time, such securities will remain outstanding in accordance with their terms and conditions.

  • The 3,300,255 Liquor Stores Special Voting Units are issued in association with the 1,175,255 outstanding Liquor Stores Exchangeable LP Units and 2,125,000 outstanding Liquor Stores Subordinated LP Units.

  • At December 31, 2004, there were 2,107,087 Special Voting Units outstanding, which were attached to the outstanding Class B Exchangeable LP Units of AGHLP and the Class C Exchangeable Subordinated LP Units of AGHLP.The Class B Exchangeable LP Units of AGHLP are exchangeable for trust units of the Fund at the option of the holder on a one-for-one basis at any time.

  • Councilmember Larson spoke regarding her and Councilmember Esquer’s attendance at the first meeting of the Stanislaus Regional Transit Authority Advisory Committee and encouraged public attendance at these meetings.

  • The Special Voting Share was issued in conjunction with, and is not be transferable separately from, the Subordinated LP Units, Ordinary LP Units or other securities to which it relates.

  • The commercial bank will gradually use its own resources to lend to PDESs .

  • Class 8 consists of all Interests in GP LLC and all Interests in FELP, including, for the avoidance of doubt, the FELP Common LP Units, the FELP Subordinated LP Units, and the IDRs.

  • Amounts owing under the agreement can be repaid in cash or through the issuance of Subordinated LP Units, at the option of the Company.


More Definitions of Subordinated LP Units

Subordinated LP Units means the Class B subordinated limited partnership units of the Partnership, all of which are held by Brookfield Holdings or an affiliate of Brookfield Holdings;
Subordinated LP Units means the Class B subordinated limited partnership units of Residential Income Fund L.P., a limited partnership established under the laws of the Province of Ontario, and a subsidiary of the Company. All of the outstanding Subordinated LP Units are held by Brookfield.
Subordinated LP Units. ’ means the Class C exchangeable subordinated limited partnership units of AGHLP.

Related to Subordinated LP Units

  • Subordinated Unit means a Limited Partner Interest having the rights and obligations specified with respect to Subordinated Units in this Agreement. The term “Subordinated Unit” does not include a Common Unit. A Subordinated Unit that is convertible into a Common Unit shall not constitute a Common Unit until such conversion occurs.

  • Subordinated Indebtedness means any Indebtedness of the Borrower or any Subsidiary the payment of which is subordinated to payment of the obligations under the Loan Documents.

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • Subordinated Debt is indebtedness incurred by Borrower subordinated to all of Borrower’s now or hereafter indebtedness to Bank (pursuant to a subordination, intercreditor, or other similar agreement in form and substance satisfactory to Bank entered into between Bank and the other creditor), on terms acceptable to Bank.