Class C Units definition

Class C Units shall have the meaning set forth in the preface.

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Class C Units means the Class C Units of Dairy Holdings.

Class C Units has the meaning ascribed to such term in the LLC Agreement.

Examples of Class C Units in a sentence

Effective as of the Reclassification Date, there shall be three (3) classes of Units: Class A Units, Class B Units and Class C Units.
The Investment Advisor may elect to receive the Management Fee in cash, Class C Units and/or shares, units or interests of the Lower Funds.
However, if any such amendments would affect the Class B Members or Class C Units uniquely as a separate class or remove their limited liability, such amendment would require the affirmative vote of the Members who hold a majority of the Class A Units and the Class(es) of such affected Units, voting as a single class.
Additional classes of Units with similar or different rights than the Class A, Class B or Class C Units may be created and issued to existing Members or Additional Members on such terms and conditions as the Board of Governors may determine at the time of admission.
A voluntary dissolution of the Company shall require the affirmative vote of the Members who hold a majority of the Class A Units, the Class B Units and the Class C Units, voting together as a single class.

Class C Units shall have the meaning set forth in Section 18.1.

Class C Units means the Units having the privileges, preferences, and rights specified with respect to “Class C Units” in this Agreement, including those described in Section 7.1(c)(4).

Class C Units means the Class C Units of the Company.

Class C Units means the Class C general partner units of the Partnership held by BPI or any Related Party or Class C limited partner units of the Partnership acquired by the Trust or a permitted transferee pursuant to the Exchange Agreement (see “The Exchange Rights”), as the case may be.

Class C Units has the meaning set forth in Section 3.04(a)(iii).

Class C Units means the Class C common units of membership interest in the Company.