Class D Unit Notional Value definition

Class D Unit Notional Value means $31.51, which was the market price of a Class A Common Unit as of the close of trading on the National Securities Exchange on which the Class A Common Units are traded on June 17, 2014, as the same may be adjusted pursuant to Section 4.15(m).
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Examples of Class D Unit Notional Value in a sentence

  • The initial Capital Account balance in respect of each Class D Unit issued on the Class D Unit Issuance Date shall be the Class D Unit Notional Value, which amount shall be reallocated from the Capital Account balance of the General Partner.

  • Subject to the immediately succeeding sentence and Section 4.15(j), each Class D Unit shall have a notional value equal to the Class D Unit Notional Value.

Related to Class D Unit Notional Value

  • Class D Unit means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class D Unit as provided in this Agreement.

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

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

  • Class A Non-PO Principal Distribution Amount As to any Distribution Date, the aggregate amount distributed in respect of the Class A Certificates pursuant to Paragraph third clause (A) of Section 4.01(a).

  • Class A-P Principal Distribution Amount As defined in Section 4.02.