Class C Preferred Units definition

Class C Preferred Units means Units having the rights and obligations of Class C Preferred Units set forth in the LLC Agreement.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Class C Preferred Units has the meaning set forth in the LLC Agreement.

Class C Preferred Units means, collectively, the Class C-1 Preferred Units, the Class C-2 Preferred Units and the Class C-3 Preferred Units.

Examples of Class C Preferred Units in a sentence

The Common Units and Class C Preferred Units to be issued to Management Stockholder are for investment for Management Stockholder's own account, not as a nominee or agent, and not with a view to the resale or distribution of any part thereof, and Management Stockholder has no present intention of selling, granting any participation in, or otherwise distributing the same.
Even if the Company is not subject to such reporting requirements, the Common Units and Class C Preferred Units may be resold in certain limited circumstances subject to satisfaction of all of the applicable provisions of Rule 144.
Management Stockholder acknowledges that the Common Units and Class C Preferred Units have not been registered under the Securities Act, are deemed to constitute "restricted securities" under Rule 701 and Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act and qualified under any applicable state securities laws or an exemption from such registration and qualification is available.
Management Stockholder acknowledges that it can bear the economic risk of its investment, and has such knowledge and experience in financial or business matters that Management Stockholder is capable of evaluating the merits and risks of an investment in Common Units and Class C Preferred Units hereunder.
The Delaware Limited Liability Company Act shall govern all issues concerning the relative rights of the Company and the holders of its Common Units and Class C Preferred Units.

More Definitions of Class C Preferred Units

Class C Preferred Units means, collectively, the Class C-1 Preferred Units, the Class C-2 Preferred Units and the Class C-3 Preferred Units. “Class C-1 Original Issue Price” has the meaning set forth on Schedule 1.1(A).

Class C Preferred Units means the interests in the Partnership received by the Wholly-Owned LP Trust in exchange for the additional capital contribution described in Section 4.7 of this Agreement.

Class C Preferred Units shall have the meaning set forth in the Operating Agreement.

Class C Preferred Units has the meaning set forth in the Third A&R Agreement.

Class C Preferred Units has the meaning given to such term in the Seller Operating Agreement.

Class C Preferred Units means the equity interests designated as “Class C Preferred Units” pursuant to the Parent LPA.

Class C Preferred Units means all Units that are designated such pursuant to Section 2.2.

Filter & Search

Related Definitions