Unit Rights

Example Definitions of "Unit Rights"
Unit Rights. Any distribution, dividend, additional Units and any other right or property which Pledgor shall receive or shall become entitled to receive for any reason whatsoever (whether by reclassification, merger, exchange, liquidation or otherwise) with respect to, in substitution for or in exchange for any Units, right to receive Units, options for Units and right to receive earnings which Pledgor has heretofore or hereafter acquires from the Company for any reason. "Unit Rights" shall specifically... include rights to any cash distributions or dividends paid on the Units, except that Pledgor shall have the right to retain such cash distributions or dividends so long as Pledgor is not in Default (as defined below) hereunder View More
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