Preference Unit Holder definition

Preference Unit Holder has the meaning given in the Unit Holders Deed.

Preference Unit Holder has the meaning given in the Unit Holders Deed. Price Sensitive Information means any information which a Party is under a contractual or other obligation (including an equitable obligation of confidence) not to disclose. Proceedings has the meaning given in clause 5.7(b)(ii).

Preference Unit Holder has the meaning given in the Unit Holders Deed. Price Sensitive Information means any information which Aurizon Network is under a contractual or other obligation (including an equitable obligation of confidence) not to disclose. Pro Forma Access Agreement means an Access Holder Access Agreement between Aurizon Network and the Unit Holder which is taken to be modified and completed in accordance with clause 3.2, provided that:

Examples of Preference Unit Holder in a sentence

• Each Preference Unit Holder must pay that Preference Unit Holder’s Loan Contribution as soon as practicable (and in any event within five Business Days) after receipt of an emergency Loan Call made by the Trustee under clause 5.3(a).

• Each Preference Unit Holder irrevocably directs the Trustee to apply any repayment of that Preference Unit Holder’s Initial Loan Contribution in paying up the Unit Holder’s Preference Units for the amount of the Initial Unit Call.

• The Recalculated Unit Holder’s Proportion Statement given by the Trustee to each Preference Unit Holder under clause 8.5(a) must be accompanied by reasonable details of the calculation of the Recalculated Unit Holder’s Proportion for each Preference Unit Holder.

• Any Development Plan shall set forth production parameters, number and spacing of wells, the facilities and infrastructure (including proposed locations) to be installed for production, storage, transportation and loading of Petroleum, an estimate of the overall cost of the Development, and estimates of the time required to complete each phase of the Development Plan, a production forecast and any other factor that would affect the economic or technical feasibility of the proposed Development.

• Where a Preference Unit Holder ( Defaulting Unit Holder) fails to pay a Loan Call for a Month on or before the due date for such payment (Loan Call Default), the Trustee must give a notice to the Defaulting Unit Holder (copying the other Preference Unit Holder(s)) stating that a Loan Call Default has occurred and giving the Defaulting Unit Holder a period of five Business Days within which to remedy the Loan Call Default (Default Notice).

• While the Unit Holders Deed is in force, the liability of a Preference Unit Holder to pay to the Trustee any amount unpaid on the Partly Paid Units held by that Unit Holder will be extinguished at the time, and in the circumstances, contemplated in clause[5.9(b)] of the Unit Holders Deed.

• To the extent that an amount is due and payable by a Preference Unit Holder in respect of any Outstanding Amount other than a Call (including, for example, unpaid interest on an overdue Call), the amount the Trustee deducts from any payment to that Preference Unit Holder is retained as an Asset.

• Subject to clause 15.3(h), the Trustee and each Preference Unit Holder are entitled to a copy of the Auditor’s report.

• If for any reason a Preference Unit Holder does not pay an amount payable under or in connection with this Deed on or before the due date for payment, then that Preference Unit Holder must pay interest to the Trustee in respect of that unpaid amount.

• Any Preference Unit Holder proposing to engage an Auditor must give each other Preference Unit Holder reasonable prior notice of their intention to do so.

More Definitions of Preference Unit Holder

Preference Unit Holder has the meaning given in the Unit Holders Deed. Proceedings has the meaning given in clause 19.7(b).

Preference Unit Holder means a person recorded on the Register as a holder of Preference Units (including persons jointly registered).

Preference Unit Holder means a person recorded on the Register as a holder of Preference Units (including persons jointly registered). Redemption Price of a Unit means the price calculated in accordance with clause 11.2.

Preference Unit Holder has the meaning given to that term in the Unit Holders Deed; pre-funding payment means the amount payable by the Principal for feasibility and other work undertaken by the Contractor in respect of the Works prior to the date of this Contract, being the amount stated in Item 7A; pre-termination work has the meaning in subclause 39B(a); preliminary design means the documents stated in Item 11; prescribed notice has the meaning in subclause 40.1;

Preference Unit Holder means any person who from time to time is registered in the Register as the holder of a Preference Unit or Preference Units, including persons jointly registered, notwithstanding that any such person may not be in existence or may not come within this definition at the date of this Deed. Preference Unit Holder Representative has the meaning given in clause 17.2(h)(ii). Pre-Funding Payment has the meaning given to "pre-funding payment" in the Construction Agreement.

Preference Unit Holder has the meaning given in the Unit Holders Deed. Rail Corridor Land means any land that is leased pursuant to the Land Lease. Rail Land means any land on, above or under which Extension Infrastructure is located. Rail Safety Act means the “Rail Safety National Law (Queensland)” as defined in the Rail Safety National Law (Queensland) Act 2017 (Qld).