Equity Units definition

Equity Units has the meaning specified in the Recitals.

Equity Units means the Class B Units, the Class C Units and the Class D Units.

Equity Units means (i) the $500,000,000 aggregate principal amount of equity units issued by the Borrower on April 29, 2002 and (ii) any subsequent offering of equity units issued by the Borrower the structure, terms and conditions of which are substantially similar to the offering referred to in clause (i) above.

Examples of Equity Units in a sentence

• Total royalties payable from the Royalty Units (“Royalty Payment”) are capped at $3,440,500 being the price for which the Equity Units (comprised of common shares and common share warrants) and Royalty Units were purchased.

• Each whole Warrant attached to the Equity Units will entitle the holder to purchase one additional common share at a price of $0.20 per common share for 36 months following closing.

• The Company’s outstanding Equity Units due 2042 and 6.5% convertible senior notes due 2012 are reflected in diluted earnings per share using the “if-converted” method.

• In addition, if dilutive, interest expense, net of tax, related to the outstanding Equity Units and convertible senior notes is added back to the numerator in calculating diluted earnings per share.

• Other than the Company Options, Company Restricted Shares, Company RSUs, Company Cap Units and Company Deferred Equity Units that are outstanding as of the Company Capitalization Date, no other equity-based awards are outstanding as of the Company Capitalization Date.

More Definitions of Equity Units

Equity Units means the collective rights and obligations of a Holder of an Equity Units Certificate in respect of a Note or the appropriate Treasury Consideration or Applicable Ownership Interest in the Treasury Portfolio, as the case may be, subject in each case to the Pledge thereof, and the related Forward Purchase Contract.

Equity Units means the 6,600,000 6% Equity Units issued by the Company on September 13, 2002, the 12,000,000 7% Equity Units issued by the Company on May 23, 2003 and the 1,800,000 7% Equity Units issued by the Company on May 30, 2003.

Equity Units means, with respect to each Member, the Equity Units held by such Member as set forth opposite such Member’s name on Exhibit A attached hereto. Such Equity Units represent the Membership Interest held by such Member.

Equity Units means the Equity Units issued by the Company pursuant to a Purchase Contract Agreement dated May 16, 2008 between the Company and The Bank of New York.

Equity Units means the Equity Units issued by the Company pursuant to the Purchase Contract Agreement.

Equity Units is hereby amended to read as follows:

Equity Units has the meanings specified in the Recitals.