Performance Participation Units definition

Performance Participation Units means, collectively, the Class T Units, Class S Units, Class D Units and Class I Units. For the avoidance of doubt, Class E Units shall not be considered Performance Participation Units.
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Performance Participation Units means, collectively, the Class T Units, Class S Units, Class D Units, Class C Units, Class I Units and Class B Units. For the avoidance of doubt, Class F Units shall not be considered Performance Participation Units. “Person” means an individual, corporation, partnership, limited liability company, estate, trust (including a trust qualified under Sections 401(a) or 501(c)(17) of the Code), a portion of a trust permanently set aside for or to be used exclusively for the purposes described in Section 642(c) of the Code, association, private foundation within the meaning of Section 509(a) of the Code, joint stock company or other legal entity. “Profit” has the meaning provided in Section 5.1(e) hereof. “Property” means any Real Property, Real Estate Securities or other investment in which the Partnership holds an ownership interest. “Prospectus” means the prospectus included in the most recent effective registration statement filed by the General Partner with the Commission with respect to the applicable public Offering, as such prospectus may be amended or supplemented from time to time. “Quarterly Allocation” has the meaning set forth in Section 5.2(c). “Quarterly Shortfall” has the meaning set forth in Section 5.2(c). “Quarterly Shortfall Obligation” has the meaning set forth in Section 5.2(c). “Real Estate Securities” means equity and debt securities of both publicly traded and private companies, including REITs and pass-through entities, that own Real Property or loans secured by real estate, including investments in commercial mortgage-backed securities and derivative instruments, owned by the General Partner or the Partnership directly or indirectly through one or more of its Affiliates. “Real Property” means land, rights in land (including leasehold interests) and any buildings, structures, improvements, furnishings, fixtures and equipment located on or used in connection with land and rights or interests in land. “Redemption Price” means the Value of the REIT Shares Amount as of the end of the Specified Redemption Date. “Value” means, for any Class of REIT Shares: (i) if such Class of
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Related to Performance Participation Units

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Unit Participation means the ratio of the surface acreage of a specific tract in the unit area to the total surface acreage of the unit area as that total surface acreage is specified in paragraph one of the Plan for Unit Operations of this order.

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Performance Awards means Performance Units, Performance Shares or either or both of them.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.