EUPP definition

EUPP means Chartwell’s Executive Unit Purchase Plan, formerly Long Term Incentive Plan and/or “LTIP”, dated November 14, 2003, as amended on May 25, 2005, May 24, 2006, May 22, 2007, March 12, 2009, May 20, 2010, August 13, 2013, May 15,
EUPP means the Employee Unit Purchase Plan put in place by the REIT in June 2013, as amended from time to time.
EUPP means the Lansing Trade Group, LLC Employee Unit Purchase Plan, effective December 14, 2009.

Examples of EUPP in a sentence

  • Notwithstanding any restrictions set forth pursuant to the EUPP, all Partnership Common Units purchased under the EUPP shall be treated in accordance with Section 2.1(a).

  • Since the guarantees of the Borrower and CLP are fully secured by the OP Units, the contingent liability of the Borrower and CLP for such guarantees shall be limited to fifty percent (50%) of the Initial Book Value of the OP Units ("EUPP Liability").

  • Income Fund on distributions paid in respect of the LTDP (and EUPP) units allocated to US people, and a liability (including interest and penalties) could apply if such withholding did not occur.

  • However, if the fair market value of the OP Units at any time is less than or equal to fifty (50%) of the Initial Book Value of the OP Units, then the EUPP Liability for such guarantees shall be increased to one hundred percent (100%) of the Initial Book Value of the OP Units.

  • In any event, the Company Board shall terminate the Company EUPP effective upon the Final Effective Time.

  • The Borrower consummated with Bank One, NA ("Bank One") an Executive Unit Purchase Program ("EUPP") dated December 17, 1999, and funded on January 25, 2000, in the aggregate amount of $9,864,423 (the "Initial Book Value") providing financing to certain executives and Trustees of the Board of Directors of the Borrower who qualify to purchase redeemable Operating Purchase Units ("OP Units") of the Borrower pursuant to the EUPP.


More Definitions of EUPP

EUPP means the employee unit purchase plan of the REIT as amended, supplemented or restated from time to time.