Unit Ownership Ledger definition

Unit Ownership Ledger has the meaning set forth in Section 3.1(b).
Unit Ownership Ledger shall have the meaning set forth in Section 2.2(f).
Unit Ownership Ledger shall have the meaning set forth in Section 2.2(f). “Unitholder” means any owner of one or more Units. “Unvested Units” shall have the meaning set forth in Section 9.11(g). “Void Transfer” shall have the meaning set forth in Section 9.4(a). 1.8

Examples of Unit Ownership Ledger in a sentence

  • Absent manifest error, the ownership interests recorded on the Unit Ownership Ledger shall be conclusive record of the Units that have been issued and are outstanding.

  • The total Units which the Company has authority to issue shall be one hundred (100) Preferred Units and one hundred (100) Common Units, unless otherwise unanimously determined by the Board from time to time, which determination the Board shall cause to be reflected as an addendum to the Unit Ownership Ledger.

  • The number of Units held by each of the Foundation Members and the Entrepreneur Members, and the value of the Capital Contribution made for and initial Capital Account attributable to the respective Units is set forth next to such Person's name on the Unit Ownership Ledger.

  • Upon any change in the number or ownership of outstanding Units (whether upon an issuance of Units, a transfer of Units, a cancellation of Units or otherwise), the Company shall amend and update the Unit Ownership Ledger and shall deliver a copy of such updated ledger to each holder of Units upon request.

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  • Any reference in this Agreement to the Unit Ownership Ledger shall be deemed a reference to the Unit Ownership Ledger as amended and in effect from time to time.

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  • Upon any change in the number or ownership of outstanding Units (whether upon an issuance of Units, a Transfer of Units, a cancellation of Units or otherwise), the Company shall amend and update the Unit Ownership Ledger.


More Definitions of Unit Ownership Ledger

Unit Ownership Ledger has the meaning specified in Section 6.12.
Unit Ownership Ledger has the meaning set forth with respect thereto --------------------- in Section 2.2(f). --------------
Unit Ownership Ledger has the meaning set forth with respect thereto in SECTION 2.2(f).
Unit Ownership Ledger setting forth the name of each Member, the number of each class of Units held of record by such Member, the amount of the Capital Contributions made by such Member with respect to each class of Units, and any other information deemed relevant by the Board. Absent manifest error, the Unit Ownership Ledger shall be the conclusive record of the information set forth thereon. The Board shall amend the Unit Ownership Ledger to reflect any issuance, sale, transfer, forfeiture or cancelation of Units, or any applicable modification to any other information set forth thereon, which amendment shall not require the consent or approval of any Person other than the Board. Any reference in this Agreement to the Unit Ownership Ledger shall be deemed a reference to the Unit Ownership Ledger as amended and updated at such time.

Related to Unit Ownership Ledger

  • Common Share Ownership Limit means not more than 9.8 percent (in value or in number of shares, whichever is more restrictive) of the aggregate of the Outstanding Common Shares, or such other percentage determined by the Manager in accordance with Section 13.9.

  • Aggregate Share Ownership Limit means not more than 9.8% in value of the aggregate of the outstanding Shares and not more than 9.8% (in value or in number of shares, whichever is more restrictive) of any class or series of Shares.

  • Beneficial Ownership Limitation shall have the meaning set forth in Section 4(d).

  • Ownership Percentage with respect to any Member means the percentage of ownership of a Member determined by taking the total Capital Units held by such Member divided by the aggregate total number of issued and outstanding Capital Units.

  • Ownership Limitation shall have the meaning set forth in Section 2.01(c)(i).

  • Partnership Minimum Gain has the meaning set forth in Regulations Section 1.704-2(b)(2), and the amount of Partnership Minimum Gain, as well as any net increase or decrease in Partnership Minimum Gain, for a Partnership Year shall be determined in accordance with the rules of Regulations Section 1.704-2(d).

  • Partnership Record Date means the record date established by the General Partner for a distribution pursuant to Section 5.1(a) hereof, which record date shall be the same as the record date established by the General Partner for a distribution to its stockholders of some or all of its portion of such distribution.