Class B Conversion Common Units definition

Class B Conversion Common Units means Common Units issuable upon conversion of Class B Preferred Units pursuant to Section 5.11(e)(i).
View Source
Class B Conversion Common Units means Common Units issuable upon conversion of Class B Preferred Units pursuant toSection 5.11(e)(i). “Class B Conversion Notice” has the meaning assigned to such term in Section 5.11(e)(ii).
View Source

Examples of Class B Conversion Common Units in a sentence

  • Each Class B Preferred Unit shall, upon its Class B Change of Control Conversion Date, be deemed to be transferred to, and cancelled by, the Partnership in exchange for the issuance of the Class B Conversion Common Units.

  • However, the participating Class B Preferred Holder shall pay any tax or duty that may be payable relating to any transfer involving the issuance or delivery of Class B Conversion Common Units in a name other than such Class B Preferred Holder’s name.

Related to Class B Conversion Common Units

  • Class A Common Units means the Company's Class A Common Units.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Class B Common Shares means class B common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class B common shares may be converted.

  • Class A Common Shares means shares of the Company's Common Stock, Class A, par value $0.0005.

  • Series C Preferred Units shall have the meaning provided in Section 1.