Québec Class Units definition

Québec Class Units means the Québec Class limited partnership units of the Partnership. “Québec Portfolio” means the investment portfolio in respect of the Québec Class Units. “Québec Tax Act” means the Taxation Act (Québec).
Québec Class Units means, collectively, the Series A Québec Class Units and the Series F Québec Class Units.
Québec Class Units means the Québec CEE FT Class limited partnership units of the Partnership, which are not offered pursuant to this Prospectus. See “The Partnership”.

Examples of Québec Class Units in a sentence

  • PPP reorganises its Punjab chapters, The Dawn, November 2116Pakistan People’s Party (PPP) will start selecting its district and city presidents in Punjab from Tuesday (November 22).

  • The calculations in the second tables (in each of Tables 5-6 above) assume that 50% of the Available Funds under the Québec Class Units are eligible for both the additional 10% deduction in respect of certain CEE and the additional 10% deduction in respect of certain surface mining exploration expenses.

  • The calculations assume that only Class A Units are issued, and that a minimum Offering consists of either all National Class Units, all British Columbia Class Units or all Québec Class Units.

  • There will be no closing of the National Class Units unless a minimum of 100,000 National Class Units are sold, provided that this minimum will be increased to 200,000 National Class Units in the event that the minimum offering for the Québec Class Units is not achieved.

  • An amount equal to 2.25% of the Gross Proceeds will, in the case of the National Portfolio, be borrowed under the National Portfolio Loan Facility and, in the case of the Québec Portfolio, be set aside from the proceeds from the sale of Québec Class Units, as an Operating Reserve to fund the ongoing estimated general administrative and operating expenses of the Partnership (including the National Portfolio’s share of the General Partner’s Fee).

  • The National Portfolio’s share of the Agents’ fees and other Offering expenses will be paid by the Partnership from the proceeds of the National Portfolio Loan Facility, and the Québec Portfolio’s share of these fees and expenses will be paid from the proceeds from the sale of Québec Class Units.

  • The calculations in the first tables (in each of tables 5-6 above) assume that all of the Available Funds under the Québec Class Units are eligible for both the additional 10% deduction in respect of certain CEE and the additional 10% deduction in respect of certain surface mining exploration expenses.

  • Québec Portfolio The Québec Portfolio’s investment objective is to provide Québec Class Limited Partners with a tax-assisted investment in a diversified portfolio of Flow-Through Shares of Resource Companies primarily engaged in the mining and energy sectors incurring Eligible Expenditures principally in the Province of Québec, with a view to maximizing the tax benefits of investing in Québec Class Units and achieving capital appreciation and/or income for Québec Class Limited Partners.

  • In this case, the gross proceeds of the Québec Class Units will be $5,000,000, the Agent’s fees will be $287,500, the Offering expenses will be $100,000, the net proceeds to the Partnership will be $4,612,500, the Operating Reserve will be $112,500 and the Available Funds will be $4,500,000.

  • In the event that the minimum Offering for the National Class Units is not achieved, the minimum will be increased to 200,000 Québec Class Units.


More Definitions of Québec Class Units

Québec Class Units means Class A or Class F Units of the Partnership the proceeds of which are invested in the Québec Portfolio.“Québec Limited Partner” means a Limited Partner that is resident in or subject to tax in Québec and that is a Limited Partner at the end of a fiscal year of the Partnership.
Québec Class Units means Class A or Class F Units of the Partnership the proceeds of which are invested in the Québec Portfolio.
Québec Class Units means the Maple Leaf Short Duration 2014 Flow-Through Québec Class limited partnership units of the Partnership.

Related to Québec Class Units

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B Units means the Class B Units of the Company.

  • principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company;

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Class A Common Units means the Company's Class A Common Units.

  • Class C Units means the Class C Units of the Company.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class B Interests As set forth in the Trust Agreement.

  • Class C Shares means the shares of Class C common stock of the Company.

  • Class S designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Preferred Units means the Series A Preferred Units and the Series B Preferred Units.

  • LTIP Units means a Partnership Unit which is designated as an LTIP Unit and which has the rights, preferences and other privileges designated in Section 4.6 and elsewhere in this Agreement in respect of holders of LTIP Units. The allocation of LTIP Units among the Partners shall be set forth in the Partner Registry, as it may be amended or restated from time to time.

  • Subordinate Class Percentage With respect to any Distribution Date and any Class of Subordinate Certificates, a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of such Class of Subordinate Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date.

  • Restricted Classes As defined in Section 4.02(e).

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class B Percentage Interest means, with respect to a Class B Member as of a given date, that percentage obtained by dividing the total number of Class B Units owned by such Member by the total number of Class B Units issued and outstanding.

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Individual Class Payment means the Participating Class Member’s pro rata share of the Net Settlement Amount calculated according to the number of Workweeks worked during the Class Period.