Incentive Units definition
Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.
Incentive Units has the meaning set forth in Section 3.2(c).
Incentive Units means the Class B Units, Class C Units, Class D Units, Class E Units and/or Class F Units.
Examples of Incentive Units in a sentence
Notwithstanding anything in this Agreement to the contrary (other than as expressly provided in Section 8.5), to the fullest extent permitted by applicable law, the holders of Incentive Units shall not have any right to vote on any matter in respect of the Partnership.
The number of Common Units and Incentive Units held by each Partner as of the date hereof is set forth on the Unit Register.
Long term incentives may be provided in the form of stock options, restricted stock, restricted stock units or Long Term Incentive Units, or any combination thereof (collectively, “Equity Incentive Awards”), in accordance with the terms of the Boston Properties, Inc.
More Definitions of Incentive Units
Incentive Units means the Units having the privileges, preference, duties, liabilities, obligations and rights specified with respect to “Incentive Units” in this Agreement and includes both Restricted Incentive Units and Unrestricted Incentive Units.
Incentive Units means units that represent a type of limited partnership interest in the Partnership granted pursuant to Section 6 of this Plan.
Incentive Units means the partnership interests of the Partnership designated as “Incentive Units” and having the rights, preferences and privileges set forth in, and subject to, this Agreement.
Incentive Units has the meaning set forth in the Focus LLC Agreement.
Incentive Units shall have the meaning set forth in the preface.
Incentive Units. (as defined in Holdings’ Governing Documents) in an aggregate amount, for all such redemptions after the Closing Date, not to exceed $250,000, or (ii) any other “Units” (as defined in Holdings’ Governing Documents) so long as no Default or Event of Default exists or would result therefrom and solely to the extent such redemptions are financed with the proceeds of equity interests of Holdings or Subordinated Debt permitted under clause (e) of the definition of Permitted Indebtedness;
Incentive Units means, as applicable, the Class G Units, the Class M Units, the Class MEP Units, the Class N Units and the Class O Units, and any other class of Units the Company authorizes after the date hereof that are intended to constitute a “profits interest” in the Company within the meaning of Revenue Procedure 93-27, 1993-2 C.B. 343, or any successor Internal Revenue Service or Treasury Department regulation or other pronouncement applicable at the date of issuance of such Incentive Units, as the case may be.