Voting Units means collectively, the Units and Special Voting Units;
Voting Units means, collectively, the Units and the Special Voting Units, and “Voting Unit” means any one of them.
Voting Units means (a) the Common Units and (b) any other Units other than Units that by their express terms do not entitle the record holder thereof to vote on any matter presented to the Members generally under this Agreement for approval; provided that (i) no vote by Voting Units shall have the power to override any action taken by the Manager or to remove or replace the Manager, (ii) the Voting Units have no ability to take part in the conduct or control of the Company’s business and (iii) notwithstanding any vote by Voting Units hereunder, the Manager shall retain exclusive management power over the business and affairs of the Company in accordance with Section 6.01(a).
Examples of Voting Units in a sentence
The Special Voting Units do not entitle or give any rights to the holders to receive distributions or any amount upon liquidation, dissolution or winding-up of Trust.
Authorized capital consists of an unlimited number of Trust Units and an unlimited number of Special Voting Units.
Except for the right to attend meetings and vote on resolutions, Special Voting Units do not confer upon the holders thereof any other rights.
In addition, the Class C LP Units are entitled to receive Special Voting Units, in certain limited circumstances.
These Special Voting Units are not entitled to any interest or share in the distributions or net assets of the Trust, nor are they convertible into any Trust securities.
More Definitions of Voting Units
Voting Units means the Class A Units and the Class B Units.
Voting Units means the Class A Units, the Class B Units and Units of any other class or series that entitle the Record Holder thereof to vote on any matter submitted for consent or approval of Members under this Agreement.
Voting Units means Partnership Common Units, Class I High Performance Partnership Units and any other class of Partnership Units having the same voting or approval rights as Partnership Common Units.
Voting Units means the Common Units.
Voting Units has the meaning set forth in Section 4.07(a).
Voting Units has the meaning set forth in Section 3.2(d).
Voting Units means the Units of the Fund, together with voting rights at the Fund level provided to the holders of the Class A GP Units.