Exchange Units definition

Exchange Units has the meaning set forth in Section 9.1(a) of this Agreement.

Exchange Units has the meaning set forth in Section 2.1(a).

Exchange Units shall have the meaning set forth in Section 8.3(a) hereof.

Examples of Exchange Units in a sentence

• Upon the consummation of the Unit Offering, 250 shares of Series A Convertible Preferred Stock held by Mr. Kornberg were exchanged for 2,778 Exchange Units.

• Wastewater permits for Group 5 industrial wastewater treatment facilities which discharge concentrate and regenerant from Reverse Osmosis, Membrane Softening, Ultrafiltration, Ion Exchange Units, and similar processes at Drinking Water Treatment Facilities.

• In connection with the Unit Exchange that was consummated on August 31, 2015, 250 shares of Series A Convertible Stock held by Mr. Kornberg were exchanged for 2,778 Exchange Units.

• The Exchange Units have been duly authorized by all required action on the part of IEP.

• The parties agree and acknowledge that the contribution of the Contribution Shares to IEP in exchange for the Exchange Units is intended to qualify as a tax-free contribution to a partnership under Code Section 721(a) and no party, on a Tax Return or otherwise, shall, except to the extent required by Law, take any position inconsistent with such treatment.

More Definitions of Exchange Units

Exchange Units means the ARLP Common Units held by AHGP and its Subsidiaries immediately prior to the Merger (but after giving effect to the Distributions).

Exchange Units means the Seller Units owned by certain ARCap Sellers in the respective amounts for such ARCap Sellers as set forth in Schedule IV attached hereto.

Exchange Units has the meaning ascribed to it in Section 1.2(a). “GAAP” means U.S. generally accepted accounting principles at the time in effect.

Exchange Units means the 50,025,713 units of partnership interest in the Company of which GMPTS is the record and beneficial owner and which constitute all of the units of partnership interest owned by GMPTS.

Exchange Units. The units, each consisting of $480 principal amount of Exchange Bermuda Issuer Notes and $520 principal amount of Exchange U.S. Issuer Notes, identical in all material respects to the Units, except for references to series and restrictive legends.

Exchange Units has the meaning provided in the preamble to this Indenture and means the Additional Units, if any, issued under SECTION 2.02 pursuant to a registration rights agreement substantially similar to the Registration Rights Agreement.

Exchange Units shall include the underlying Notes and underlying Exchange Notes, respectively.