Class B-2 Unit definition

Class B-2 Unit means a Limited Partner Interest having the rights and obligations specified with respect to Class B-2 Units in this Agreement.
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Class B-2 Unit means a Unit having the rights and obligations -------------- specified with respect to "Class B-2 Units" in this Agreement.
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Class B-2 Unit means a Unit that is designated as such pursuant to Section 3.2.
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Examples of Class B-2 Unit in a sentence

  • Each Outstanding Class B-1 Unit and Class B-2 Unit shall automatically convert into a number of Common Units equal to the Conversion Number on the applicable Class B Conversion Date without any further action by the holders thereof.

  • Units within Class B shall be further divided into two Sub-Classes designated as Class B-1 and Class B-2, and each Class B Unit shall be designated either a Class B-1 Unit or a Class B-2 Unit.

  • In connection with his full-time employment with the Company and pursuant to the Class B-2 Unit Award Agreement dated on or about the date hereof between Executive and EBS Executive Incentive Plan LLC (the “Class B-2 Unit Award Agreement”), Executive will be granted 850,000 Class B-2 Units of EBS Executive Incentive Plan LLC (“Plan LLC”) under the Amended and Restated EBS Executive Equity Incentive Plan (as amended from time to time, the “Plan”).

  • No Class B-2 Unit and no right arising under, or in respect of, a Class B-2 Unit shall be transferable by the Executive other than by will or by the laws of descent and distribution except in accordance with this Agreement and the applicable LLC Agreement.

  • Each Outstanding Class B-1 Unit, Class B-2 Unit, Class B-3 Unit, Class B-4 Unit and Class B-5 Unit shall automatically convert into a number of Common Units equal to the Conversion Number on the applicable Class B Conversion Date without any further action by the holders thereof.


More Definitions of Class B-2 Unit

Class B-2 Unit. A fractional interest in all the interest and rights of the Partnership attributable to the capital stock of Florida Equity Corp. equal to one thousandth of one percent of all such interest and rights.
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Class B-2 Unit means a Class B Unit of the subclass to be issued to -------------- Avalon Cable Michigan.
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Class B-2 Unit. Class B-3 Unit," -------------- -------------- -------------- "Class B-4 Unit," "Class B-5 Unit," "Class B-6 Unit," "Class B-7 Unit" and -------------- -------------- -------------- -------------- "Class B-8 Unit" (collectively, the "Class B Units") shall represent an -------------- ------------- Interest in the Company, shall be designated as a Class B Unit of the Company and shall be entitled to the Distributions provided for in Section 4.3(c)(i) hereof.
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Class B-2 Unit has the meaning ascribed to such term in the MWE Partnership Agreement.
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Class B-2 Unit means a Class B-2 Unit as defined in the LLC Agreement.
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Class B-2 Unit means a Partnership Unit issued by the Partnership pursuant to the Second Amendment to the Agreement, as modified by the Thirty-Sixth Amendment to the Agreement, and having the conversion and other rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption as are set forth in this Exhibit I.
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Class B-2 Unit means a limited liability company interest in the Company designated as a Class B-2 Unit.
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