Class X Units definition

Class X Units means the Class X limited partnership units in the capital of the Partnership, which have the attributes provided in Section 3.25;
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Class X Units means the Units designated as “Class X” Units pursuant to this Agreement.
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Class X Units has the meaning set forth in the Sunlight Financial LLC Agreement.
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Examples of Class X Units in a sentence

  • From and after the date hereof and prior to the Merger Effective Time, the interests in the Partnership of the Partners will be divided into and represented by an unlimited number of units of three classes: the GP Units, the Class C Exchangeable Units and the Class X Units.

  • The holders of Class X Units as a class shall be entitled to receive distributions as provided by Section ‎5.3(b)(i) and the aggregate amount of $1,000 on the redemption thereof.

  • The Company may reissue any Class X Units that have been repurchased or acquired by the Company.

  • The General Partner is hereby authorized to cause the Partnership to issue Units designated as Class A-1a Units, Class A-1b Units, Class A-1c Units, Class D-1 Units, Class D-2 Units, Class F-1 Units, Class F-2 Units, Class F-3 Units, Class F-4 Units, Class I-1 Units, Class I-2 Units, Class S-1 Units, Class S-2 Units and Class X Units and any other additional classes of Units with such terms, rights and obligations as determined in the sole discretion of the General Partner.

  • The Initial Limited Partner has made an initial contribution of $100 to the capital of the Partnership in exchange for 10 Class X Units.

  • In addition, the Company shall issue to Holdings, in exchange for the Acquiror Contribution Amount (as defined in the Business Combination Agreement), additional Class X Units and the Holdings Warrants.

  • The price of each Pre-Identified Investment may be paid to the General Partner or such Affiliate in cash or through the issuance of Class X Units of an equivalent amount to the General Partner or such Affiliate, as determined by the General Partner in its sole discretion.

  • The interests in the Partnership of the Partners will initially be divided into and represented, as of the date hereof, by an unlimited number of two classes of Units as follows: (i) the interest of the General Partner will be represented by general partnership units in the capital of the Partnership (“GP Units”); and (ii) interests of the Limited Partners will be represented by limited partnership units in the capital of the Partnership that are designated as Class X Units (“Class X Units”).

  • The Operating Partnership will pay the Adviser a management fee (the “OP Management Fee” and, together with the Company Management Fee, the “Management Fee”) equal to (i) 1.00% of the net asset value of the Operating Partnership attributable to Class T Units, Class S Units, Class D Units and Class I Units and (ii) 0.75% of the net asset value of the Operating Partnership attributable to Class Y Units and Class X Units held by unitholders other than the Company.

  • Agency shall take due diligence not to cause in any manner, or way, corruption of the UNITY database, and Agency agrees to be responsible for any damage it may cause.


More Definitions of Class X Units

Class X Units has the meaning set out in Section 3.1;
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Class X Units means the Class X common units of limited partner interest in the Partnership.
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Class X Units means Class X units of the Operating Partnership.
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Class X Units means the Partnership Units established in Section 2 hereof and having the rights, powers, privileges, restrictions, qualifications and limitations set forth herein, in the Incentive Award Plan and in an applicable Class X Agreement. Class X Units may be issued in one or more classes, or one or more series of any such classes bearing such relationship to one another as to allocations, distributions, and other rights as the General Partner shall determine in its sole and absolute discretion subject to Delaware law and the Agreement. For the avoidance of doubt, a Class X Unit shall not be considered a Class C Unit prior to its conversion hereunder.
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Class X Units means the Class X Common Units of the Company.
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Related to Class X Units

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • 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.