LTIP Units definition

LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.
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LTIP Units means the Partnership Units designated as such having the rights, powers, privileges, restrictions, qualifications and limitations set forth herein, in the Plan and under the applicable LTIP Unit Agreement. LTIP Units can be issued in one or more classes, or one or more series of any such classes bearing such relationship to one another as to allocations, distributions, and other rights as the General Partner shall determine in its sole and absolute discretion subject to Maryland law and this Agreement.
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LTIP Units means the special units of partnership interest of the Operating Partnership having the rights, preferences and other privileges designated in Section 4.04 and elsewhere in the OP Agreement.
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Examples of LTIP Units in a sentence

  • In such circumstances, any remaining unvested Performance LTIP Units subject to this Award (after giving effect to the preceding sentence) shall be forfeited as of such Termination of Service pursuant to the first paragraph of this Section 2.3.3.

  • The Performance LTIP Units are interests in the Partnership; they are not Shares.

  • The Participant acknowledges that the Partnership may, from time to time, issue or cancel (or otherwise modify) other LTIP Units in accordance with the terms of the Partnership Agreement, and that such issuances or modifications may be dilutive to the Participant.

  • The Basic LTIP Units are interests in the Partnership; they are not Shares.

  • LTIP Units that were fully vested when issued or that have vested and are no longer subject to forfeiture under the terms of an LTIP Agreement are referred to as “Vested LTIP Units”; all other LTIP Units shall be treated as “Unvested LTIP Units”.


More Definitions of LTIP Units

LTIP Units means the Series 2015 LTIP Units issued pursuant to the Designation.
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LTIP Units means units of limited partnership interest of the Partnership designated as “Class B 2016 LTIP Units” in the Partnership Agreement awarded under the 2013 Plan, having the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption set forth in the Partnership Agreement.
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LTIP Units means the Series 2015 LTIP Units created by this Designation. “LTIP Unitholder” means a person that holds LTIP Units.
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LTIP Units means common units in Holdings issued under the LLC Agreement.
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LTIP Units has the definition as set forth in the Equity Plan of the REIT.
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LTIP Units means Awards issued with respect to AOG Units, as more fully described in Section 10 below.
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LTIP Units means the Partnership Units designated as such having the rights, powers, privileges, restrictions, qualifications and limitations set forth in Exhibit E hereto.
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