Combined Unit definition

Combined Unit means, collectively, (i) a Class A Common Unit or other interest in the Company that may be issued by the Company in the future or for which a Class A Common Unit has been converted or exchanged, excluding in each case any unvested Class A Common Unit, and (ii) a share of Noneconomic Stock. For the avoidance of doubt, upon becoming vested, an unvested Class A Common Unit, or other interest in the Company that may be issued by the Company in the future or for which a Class A Common Unit has been converted or exchanged, shall become a Combined Unit.
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Combined Unit is defined in the Recitals.
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Combined Unit means any of a Combined A Unit, Combined B Unit or Combined C Unit.
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Examples of Combined Unit in a sentence

  • Total SUT_HDVyy – Procedure based on registration data to generate factors to separate Single Unit versus Combined Unit trucks by region.

  • A holder who concurrently redeems a Capital Unit with a Preferred Security (a “Combined Unit”) for retraction on a monthly Valuation Date (other than December) will be entitled to receive an amount equal to 95 percent of the lesser of (i) the net asset value (“NAV”) of a Combined Unit (the “Combined Value”) less $0.50 and (ii) the Combined Unit Market Price (as defined below).

  • A Combined Unit of the Fund consists of one Capital Unit and one Preferred Security.

  • A holder who concurrently redeems a Capital Unit with a Preferred Security (a ‘‘Combined Unit’’) for retraction on a monthly Valuation Date (other than December) will be entitled to receive an amount equal to 95 percent of the lesser of (i) the net asset value (‘‘NAV’’) of a Combined Unit (the ‘‘Combined Value’’) less $0.50 and (ii) the Combined Unit Market Price (as defined below).

  • A holder who concurrently redeems a Capital Unit with a Preferred Security (a “Combined Unit”) for retraction on a monthly Valuation Date (other than December) will be entitled to receive an amount equal to 95 percent of the lesser of (i) the NAV of a Combined Unit (the “Combined Value”) less $0.50 and (ii) the Combined Unit market price.

  • A holder who surrenders a Combined Unit for retraction on a December Valuation Date will receive an amount equal to the Combined Value.

  • One Combined Unit consists of one Capital Unit and one Preferred Security.(2) The management expense ratio (“MER”) is the sum of all fees and expenses for the stated period, including harmonized sales tax but excluding transaction fees, divided by the average net asset value.

  • Except as otherwise expressly provided herein, it shall be a condition precedent to any Transfer of any Class A Common Unit that constitutes a portion of a Combined Unit that, concurrently with such Transfer, such transferring Member shall also Transfer to the transferee a corresponding share of Noneconomic Stock.

  • For the avoidance of doubt, in no event shall the Class A Unitholders be entitled to receive in such Offer aggregate consideration for each Combined Unit that is greater than the consideration payable in respect of each share of Class A Common Stock in connection with an Offer (it being understood that payments under or in respect of the Tax Receivable Agreement shall not be considered part of any such consideration).

  • Net assets per Combined Unit is the difference between the aggregate value of the assets and the aggregate value of the liabilities, excluding the Preferred Security liability, divided by the number of Units then outstanding.(2) Total increase (decrease) from operations consists of interest and dividend revenue, realized and unrealized gain (loss), less expenses and is calculated based on the weighted average number of Units outstanding during the year.


More Definitions of Combined Unit

Combined Unit means a combined unit comprising:
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Related to Combined Unit

  • Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • Partnership Unit means, with respect to any class of Partnership Interest, a fractional, undivided share of such class of Partnership Interest issued pursuant to Sections 4.1 and 4.3 (including Performance Units). The ownership of Partnership Units may be evidenced by a certificate for units substantially in the form of Exhibit D-1 or D-2 hereto or as the General Partner may determine with respect to any class of Partnership Units issued from time to time under Sections 4.1 and 4.3.

  • LTIP Unit means a Limited Partnership Interest which is designated as an LTIP Unit and which has the rights, preferences and other privileges designated in Section 4.4 hereof and elsewhere in this Agreement in respect of holders of LTIP Units. The allocation of LTIP Units among the Partners shall be set forth on Exhibit A, as may be amended from time to time.

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • LLC Unit means a common limited liability interest in the Company.

  • Age-restricted unit means a housing unit designed to meet the needs of, and exclusively for, the residents of an age-restricted segment of the population such that: 1) all the residents of the development wherein the unit is situated are 62 years of age or older; or 2) at least 80 percent of the units are occupied by one person who is 55 years of age or older; or 3) the development has been designated by the Secretary of the U.S. Department of Housing and Urban Development as “housing for older persons” as defined in Section 807(b)(2) of the Fair Housing Act, 42 U.S.C. § 3607.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • Restricted Unit means a Unit granted under the Plan that is subject to a Restricted Period.

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • target unit means a facility or group of facilities to which an underlying agreement applies; “tCO2 equivalent” means tonnes of carbon dioxide equivalent;

  • Aggregate Industry Equivalent Unit Score is then calculated for each S&P Industry Classification, shown on Schedule 2, and is equal to the sum of the Equivalent Unit Scores for each issuer in such industry classification group.