Loan Units definition

Loan Units. A Reference Rate Loan Unit and a Eurodollar Rate Loan Unit (each a "Type" of Loan Unit).
Sample 1
Loan Units means a unit of the Company issued pursuant to the prospectus, each consisting of one Common Share, one-half of one Series A Warrant and one-half of one Series B Warrant;
Sample 1Sample 2
Loan Units. A Prime Rate Loan and a LIBOR Rate Loan (each a “Type” of Loan Unit).
Sample 1

Examples of Loan Units in a sentence

  • At the Effective Time, holders of the MailKey Loan Units (the "MAILKEY LOAN UNIT HOLDERS") shall be entitled to receive, in exchange therefore, loan units (the "ACQUIROR LOAN UNITS"; together with the Acquiror Capital Stock, Acquiror Warrants, and Acquiror Options, the "ACQUIROR SECURITIES") convertible into shares of Acquiror Common Stock, substantially on the terms of the Form of Loan Unit attached hereto as EXHIBIT 1.2(E).

  • Immediately prior to the Effective Time, each MailKey Loan Unit Holder shall surrender to Acquiror for cancellation all certificates or agreements evidencing a MailKey Loan Unit and receive in exchange therefore the Acquiror Loan Units.

  • The Company has entered into a warrant agreement with respect to the Warrants underlying the Units, the Placement Units, the Sponsor Loan Units and the Forward Purchase Units with CST substantially in the form filed as an exhibit to the Registration Statement (“Warrant Agreement”).

  • If the Company does not complete an initial Business Combination and the Sponsor Loan has not been converted into Sponsor Loan Units prior to such time, the Company will not repay the Sponsor Loan and its proceeds will be distributed to Public Shareholders.

  • The shares of Common Stock included in the Sponsor Loan Units have been duly authorized and reserved for issuance and when issued and paid for in accordance with the Sponsor Loan Note, will be validly issued, fully paid and non-assessable.

  • Each request for Revolving Loans shall specify the borrowing date (which shall be a Business Day and, in the case of any request for Eurodollar Rate Loan Units, a Eurodollar Business Day) and the amount of such Revolving Loans.

  • The Company will reserve and keep available that maximum number of its authorized but unissued securities which are issuable upon (1) exercise of the Warrants included in the Units, the Placement Units, Sponsor Loan Units and the Forward Purchase Units outstanding from time to time, (2) the conversion of the Sponsor Loan into Sponsor Loan Units and (3) the closing of the Forward Private Placement.

  • Each notice of continuation or conversion of a Loan Unit shall specify: (i) the effective date of continuation or conversion (which shall be a Business Day and, if the resulting Loan Unit is a Eurodollar Rate Loan Unit, a Eurodollar Business Day); (ii) the amount and the Type or Types of Loan Units following such continuation or conversion; and (iii) for continuation as, or conversion into, Eurodollar Rate Loan Units, the Interest Periods for such Loan Units.

  • If ESOP Dividends on BellSouth Shares credited to a Participating Employee's ESOP Account are used to make a principal or interest payment on an ESOP Loan, Units representing the value of the BellSouth Shares released as a result of such payment from the ESOP Loan Suspense Account and transferred to the ESOP Fund first shall be credited to such Participating Employee's ESOP Account.

  • Loan Units 45 ARTICLE 11 Limitation on Liability, Exculpation and Indemnification Section 11.01.

Related to Loan Units

  • Common Units means common units representing limited partner interests in 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 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.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

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

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Trust Units means the units of the Trust.

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Class B Units means the Class B Units of the Company.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • Membership Units means the units into which the ownership interests of the Members in the Company are divided, including such Member’s Economic Interest and the right of such Member to any and all benefits to which such Member may be entitled as provided in this Agreement or under the Act, together with the obligation of such Member to comply with all of the provisions of this Agreement and of the Act.

  • Junior Units means any Partnership Unit representing any class or series of Partnership Interest ranking, as to distributions, or rights upon voluntary or involuntary liquidation, dissolution or winding up of the Partnership, junior to Series A Preferred Units.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

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

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.