Growth Unit definition

Growth Unit means a measure of participation under the Plan having a value based on the Book Value of a share of common stock of the Company and other characteristics specified in the Plan.
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Growth Unit means a bookkeeping entry representing an amount equal to up to the Fair Market Value of one Share, granted pursuant to Section 23. For avoidance of doubt, Growth Units may be convertible to Shares on a fractional basis. Each Growth Unit represents an unfunded and unsecured obligation of the Company.
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Growth Unit or "Growth Units" means, following the substitution of one or more Treasury Securities for Preferred Securities or for the Applicable Ownership Interest of the Treasury Portfolio, as the case may be, as collateral to secure a holder's obligations under a Purchase Contract, the collective rights and obligations of a holder of a Growth Units Certificate in respect of such Treasury Securities, subject in each case to the Pledge thereof, and the related Purchase Contract.
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Examples of Growth Unit in a sentence

  • The Cities and Local Growth Unit will work with the shadow / proposed Combined Authority to agree a locally resourced monitoring and evaluation framework that meets local needs and helps to support future learning.

  • The Cities and Local Growth Unit contact shall be informed if there is a change in the Local Enterprise contact.

  • The Cities and Local Growth Unit will work with Greater Lincolnshire to agree a monitoring and evaluation framework that meets local needs and helps to support future learning.

  • The Cities and Local Growth Unit will work with the Liverpool City Region to agree a monitoring and evaluation framework that meets local needs and helps to support future learning.

  • The Cities and Local Growth Unit team contact shall be entitled to decide whether they attend in an observer capacity or as a participant at the Governance Group meeting.

  • The Cities and Local Growth Unit will work closely with the LEP to resolve any outstanding concerns that will allow the Worcestershire LEP to achieve increased flexibility ahead of the first payments in April 2015.

  • The Cities & Local Growth Unit will work closely with the LEP to resolve any outstanding concerns to allow Swindon and Wiltshire LEP to achieve increased flexibility ahead of the first payments in April 2015.

  • The value of a Growth Unit on the first date of the Performance Period applicable to this Award is $0.

  • The Cities & Local Growth Unit will work closely with the Local Enterprise Partnership to resolve any outstanding concerns that will allow Coventry and Warwickshire to achieve increased flexibility ahead of the first payments in April 2015.

  • This includes but is not limited to LEP priority projects such as: The Silicon South initiative to grow the creative digital sector in Dorset The Dorset Green Development project ▇▇▇▇▇▇ ▇▇▇▇▇ Trading Park The Gillingham Urban Extension The Cities & Local Growth Unit will work closely with the LEP to resolve any outstanding concerns that will allow Dorset LEP to achieve increased flexibility ahead of the first payments in April 2015.

Related to Growth Unit

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • 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.

  • Share Unit means either an RSU or a PSU, as the context requires.

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

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.