Bonus Units definition

Bonus Units means the Units issued, on distribution of the distributable income, in the form of a stock dividend.

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Bonus Units means the Units issued instead of cash dividend on distribution of the distributable income.

Bonus Units means the additional Units a Unitholder is entitled to receive in payment of a distribution equal to 5% of each distribution that was reinvested by the Unitholder under the terms of the DRIP.

Examples of Bonus Units in a sentence

Two years after the effective issuance of the Bonus Units the forfeiture and nontransferability restrictions on an additional one-third (1/3) (two-thirds (2/3) of the Bonus Units in total) terminate.
One (1) year after the effective issuance of the Bonus Units, the forfeiture and nontransferability restrictions on one-third (1/3) of the Bonus Units terminate.
The "Per Bonus Unit Price" shall mean an amount equal to the fair market value (as determined by an appraiser, selected by the Board, who is a member of a nationally recognized investment banking firm) of one share of AQM Common Stock, determined on a fully diluted basis and on the assumption that the total 231,216 Bonus Units awarded to all AQM directors and officers were actual issued and outstanding shares of AQM Common Stock.
The Accelerated Bonus shall be an amount equal to (i) the Vested Percentage determined in accordance with Section 3 hereof, multiplied by (ii) the Executive's Bonus Units as set forth in Section 5(b) hereof with the product so obtained multiplied by the Per Bonus Unit Price as hereinafter defined.
Upon issuance, the portion of the Limited Partner's Capital Account balance attributable to the Retention Bonus Units shall be $0 (zero dollars).

More Definitions of Bonus Units

Bonus Units means the Units issued instead of cash dividend, on distribution of the distributable income.

Bonus Units means and includes, where the context so requires, a unit issued as fully paid-up bonus unit by capitalising a part of the amount standing to the credit of the account of the reserves formed or otherwise in respect of this scheme.

Bonus Units means Bonus Units granted pursuant to this Plan. Each Bonus Unit represents a 1% interest in each of Bonus Amount A and Bonus Amount B, subject to adjustment as provided in the last sentence of Section 6.3 of the Plan. There shall be no more than 100 Bonus Units granted under the Plan.

Bonus Units has the meaning set forth in the Recitals.

Bonus Units means the bonus units as defined under the Lesotho Unit Trust Act, 2003;

Bonus Units means the number calculated as described in Section 3.3(a) which is multiplied by a Participant's Bonus Factor to determine the percentage of a Participant's base salary that is to be paid to the Participant as incentive compensation.

Bonus Units means units hereunder credited to a Participant for determining Stock Bonus and Cash Bonus.