Focus Exchangeable LP Units definition

Focus Exchangeable LP Units means the Class B limited partnership units of Focus, which are non-transferable and are exchangeable for no additional consideration into Focus Units on a one-for-one basis;
Sample 1
Focus Exchangeable LP Units means the Class B limited partnership units of Focus LP;
Sample 1
Focus Exchangeable LP Units means the Class B limited partnership units of Focus LP, which are non-transferable and are exchangeable for no additional consideration into Trust Units on the basis of 0.425 of a Trust Unit for each Focus Exchangeable LP Unit;
Sample 1

Examples of Focus Exchangeable LP Units in a sentence

  • Rural and urban water corporations will need to consult with affected domestic and stock customers about alternative supply options.

  • A Dissenting Securityholder shall, at the Effective Time, cease to have any rights as a holder of Focus Securities and shall only be entitled to be paid the fair value of the holder's Focus Securities by Focus, in the case of the Focus Units, or Focus LP, in the case of the Focus Exchangeable LP Units.

  • A Dissenting Securityholder who is entitled to be paid the fair value of the holder's Focus Securities shall be deemed to have transferred the holder's Focus Securities to Focus, in the case of the Focus Units, or Focus LP, in the case of the Focus Exchangeable LP Units for cancellation at the Effective Time, notwithstanding the provisions of Section 191 of the ABCA.

  • The authorized capital of Focus consists of an unlimited number of Class A limited partnership units and an unlimited number of Focus Exchangeable LP Units.

  • If dissent rights are granted to Focus Unitholders by the Court in connection with the Transaction, holders of not more than 5% of the aggregate of the issued and outstanding Focus Units and Focus Exchangeable LP Units shall have validly exercised rights of dissent in relation to the Transaction.

  • Focus will call and hold a meeting ("Focus Meeting") of Focus Unitholders and the holders of Focus Exchangeable LP Units ("Focus Exchangeable LP Holders", and together with the Focus Unitholders, the "Focus Securityholders") to consider and approve the Transaction.

  • Similarly, the voting rights attached to the Focus Exchangeable LP Units, as well as the cash distributions and payments to be made on such units, have been adjusted in accordance with such exchange ratio.In conjunction with the Arrangement, the Fund increased the size of its syndicated credit facility by $400 million from $1.0 billion to $1.4 billion.

  • As of the date hereof, and except with respect to not more than 9.2 million Focus Exchangeable LP Units, Focus is the beneficial direct or indirect owner of all of the outstanding shares, trust units and partnership units, as applicable, of the Subsidiaries of Focus with good title thereto free and clear of any and all encumbrances.

  • Holders of the Focus Limited Partnership Class B Units (”Focus Exchangeable LP Units”) did not exchange their Focus Exchangeable LP units for Enerplus units pursuant to the Arrangement, but following the Arrangement, the Focus Exchangeable LP Units are exchangeable for Enerplus trust units on the basis of 0.425 of an Enerplus trust unit for each Focus Exchangeable LP unit.

  • In the case of Mr. O'Brien and Mr. Woitas, the calculation includes the Focus Exchangeable LP Units held as of March 7, 2008, each of which is exchangeable, for no additional consideration, into 0.425 of a Trust Unit of the Fund.

Related to Focus Exchangeable LP Units

  • Exchangeable Shares means the Exchangeable Shares of the Corporation having the rights, privileges, restrictions and conditions set forth herein.

  • Exchangeable Stock means any Capital Stock of a corporation that is exchangeable or convertible into another security (other than Capital Stock of such corporation that is neither Exchangeable Stock or Redeemable Stock).

  • Common Units is defined in the Partnership Agreement.

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

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;

  • 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 B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

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

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Class A Common Units means the Company's Class A Common Units.

  • Class B Units has the meaning set forth in Section 3.04(a)(ii).

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

  • Exchangeable Share Provisions means the rights, privileges, restrictions and conditions attaching to the Exchangeable Shares;

  • Company Units has the meaning set forth in the Recitals.

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series C Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 8 5/8% Series C Cumulative Redeemable Preferred Units, with the designations, preferences and other rights set forth in Attachment C hereto.

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

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

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

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

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.