Per Unit Value definition

Per Unit Value means the product of (i) 100% and (ii) the volume-weighted average price of the Common Units on the New York Stock Exchange during the 20 trading days immediately preceding the Per Unit Valuation Date, calculated using data from Bloomberg.
Per Unit Value means (a) the Bonus Pool with respect to any Fund as of the applicable Bonus Determination Date divided by (b) the aggregate number of Units allocable with respect to such Fund, as of the applicable Bonus Determination Date, as determined by the Committee. For avoidance of doubt, the Per-Unit Value shall account for any adjustment approved by the Committee to issue or re-issue or allocate or re-allocate unallocated or forfeited Units.
Per Unit Value means the excess of the Market Value of a Share on the last day of the Quarter in which the Phantom Stock Unit is earned over $21.00, but such Market Value shall be limited to $36.25 prior to the earlier of a Change in Control or the Board of Directors of the Corporation approving a proposal or transaction that could result in a Change in Control.

Examples of Per Unit Value in a sentence

  • The Administrator shall, within ( ) days after the end of the Performance Period or at such earlier times as described in Article III above, determine the number of Performance Shares and Performance Units that have vested pursuant to Article III above and shall calculate the amount of cash, if any, payable to Participant by multiplying the Per Unit Value by such number of vested Performance Units.

  • This Agreement may be terminated at any time, without payment of any penalty, by the board of directors of Fund, or by a vote of the holders of a majority of the outstanding shares of Fund, upon 60 days' written notice to Hilliard/Lyons.

  • No. Particulars Unit Rate Total Cost Per TonneQty Per Unit Value Current Year Previous YearRs. Rs. Rs. Rs.

  • The Administrator shall, within [ninety (90)] days after the end of the Performance Period or at such earlier times as described in Paragraph 3 above, determine the number of Performance Units that have vested pursuant to Paragraph 3 above, and shall calculate the amount of cash payable to the Participant by multiplying the Per Unit Value by such number of vested Performance Units.

  • The Per Unit Value shall be paid in cash within 45 days following the end of the Quarter in which the Phantom Stock Unit is awarded, unless (1) the Participant elects to defer receipt of such cash payment pursuant to subsection (b) hereof, or (2) the Committee, in its discretion, elects to delay the payment of all or a portion thereof until such time as the amount payable would be deductible to the Corporation or its Affiliate as contemplated by section 162(m) of the Code.


More Definitions of Per Unit Value

Per Unit Value means (a) the Bonus Pool with respect to any Fund as of the applicable Bonus Determination Date divided by (b) the aggregate number of Units allocable with respect to such Fund, as of the applicable Bonus Determination Date.
Per Unit Value means (i) $10.50 less (ii) the exercise price for each share of Acquired Corporation Stock subject to such option or warrant. Schedule 3.1 to the Acquired Corporation’s Disclosure Supplement sets forth the names of all persons holding Acquired Corporation Options and Acquired Corporation Warrants, the number of shares of Acquired Corporation common stock subject to such options and warrants, the exercise price and the expiration date of such options and warrants.
Per Unit Value means, with respect to any Reverse Unit Split or Alternative Adjustment, the product of (a) (i) if the shares of Class A Common Stock trade on NYSE or another national securities exchange, the volume weighted average price of a share of Class A Common Stock for the three Trading Days ending one day prior to the date of effectiveness of the related Excess Cash Contribution; (ii) if the shares of Class A Common Stock trade over-the-counter, the average of the closing bid or sale prices of a share of Class A Common Stock over the three Trading Days ending one day prior to the date of effectiveness of the related Excess Cash Contribution; and (iii) otherwise, the fair value of a share of Class A Common Stock as determined in good faith by the Board of Directors of IPO Corp, in each case, multiplied by (b) the Exchange Rate.
Per Unit Value means (i) the average of the closing prices of Buyer’s Common Stock for the 10 business days preceding the Effective Date multiplied by the Exchange Ratio less (ii) the exercise price for each share of Acquired Corporation Stock subject to such option. Schedule 3.1 to the Acquired Corporation’s Disclosure Supplement sets forth the names of all persons holding Acquired Corporation Options, the number of shares of Acquired Corporation common stock subject to such options, the exercise price and the expiration date of such options.
Per Unit Value. — means, on any given date, the amount derived by dividing the most recently determined Aggregate Value by the then-current number of Units Outstanding. The Board may, in its sole discretion, provide that the Per Unit Value under certain circumstances or in certain cases be calculated by reference to a subsequent or earlier Aggregate Value.
Per Unit Value means, (a) $16.10 per each Opco Common Unit and (b) $.05 per each Class B Unit.
Per Unit Value means an amount equal to the quotient of (A) an amount equal to the excess of (a) the sum of (1) $798,177,089, plus (2) the value ascribed by the Master Partnership as of the date of acquisition of all additional non-cash assets acquired by the Master Partnership following the consummation of the Exchange, other than to the extent acquired with sales or financing proceeds or in exchange for securities that are not equity securities (i.e., securities conferring creditors' rights on the holders thereof at the time of issuance), but including assets acquired in exchange for securities that may be converted into or are exchangeable for Units or other equity securities of the Master Partnership at the option of either (or both) of the Master Partnership or the holders of such securities, plus (3) the amount of net current assets (i.e., cash (other than from sales or financing proceeds) and current receivables, less current payables) of the Master Partnership at the time of the Closing, plus (4) the aggregate amount of principal payments made from cash derived from the operations of the Master Partnership with respect to (x) the loan to the Master Partnership (the "Fleet Loan") contemplated to be made by Fleet National Bank and the other lenders (collectively, "Fleet"), (y) any other loan to the Master Partnership the proceeds of which were distributed to the holders of Units and (z) any loan to the extent the proceeds of such loan are used to refinance a loan described in (x) or (y) of this clause (4), over (b) the sum of (1) the aggregate amount of sales and financing proceeds distributed to holders of the Units at any time following the consummation of the Exchange, including, without limitation, distributions made to the holders of Units from the proceeds of the Fleet Loan, plus (2) the aggregate liquidation preference amount of all equity securities (other than Units) of the Master Partnership that are not convertible into or exercisable or exchangeable for Units, divided by (B) the sum of (1) the number of Units outstanding at the time of the Closing, plus (2) the number of Units that may be issued with respect to any convertible or exchangeable securities, options, warrants or similar rights which are then outstanding that entitle the holder thereof to acquire Units.