REIT Unitholders definition

REIT Unitholders means the holders of REIT Units from time to time;
REIT Unitholders means the holders of REIT Units; “REIT Units” means the Class A Units of the REIT;

Examples of REIT Unitholders in a sentence

  • Upon the termination or winding-up of the REIT, Unitholders will participate equally with respect to the distribution of the remaining assets of the REIT after payment of all liabilities.

  • The quorum of REIT Unitholders for the transaction of business at a meeting of REIT Unitholders shall exist where two or more REIT Unitholders holding REIT Units carrying not less than 25% of the number of votes attached to all REIT Units entitled to be voted at such meeting are present in person or represented by proxy.

  • Or other alternative policy measures that achieve the same amount of energy savings”.it is relevant measures that energy savings achieved with heat pumps can be counted, without any limitation, towards the 1.5% target.

  • REIT Unitholders may attend and vote at all meetings of the REIT Unitholders either in person or by proxy and a proxyholder need not be a REIT Unitholder.

  • The Declaration of Trust contains further provisions as to quorum, the notice required and other procedures with respect to the calling and holding of meetings of REIT Unitholders.

  • Amendments to the Declaration of Trust Amendments by REIT Unitholders Except as noted below, the Declaration of Trust may be amended by the vote of a majority of the votes cast at a meeting of REIT Unitholders called for that purpose.

  • Meetings of REIT Unitholders The Declaration of Trust provides that there shall be an annual meeting of the REIT Unitholders at such time and place in Canada as the Trustees shall prescribe for the purpose of electing Trustees, appointing the auditors of Granite REIT and transacting such other business as the Trustees may determine or as may properly be brought before the meeting.

  • A meeting of REIT Unitholders may be convened at any time and place and for any purpose by the Granite REIT Trustees and must be convened (subject to, and on the same terms, conditions and exceptions which apply to a corporation governed by the BCBCA), if requisitioned by REIT Unitholders holding in the aggregate not less than 5% of the outstanding REIT Units.

  • The annual meeting of REIT Unitholders may be held at the same time and place as the annual meeting of holders of GP Shares.

  • The Declaration of Trust provides that upon the termination of Granite REIT, the liabilities of Granite REIT will be discharged or provided for with due speed and the net assets of Granite REIT will be liquidated and the proceeds distributed proportionately to the REIT Unitholders, unless some other procedure is provided for by resolution of REIT Unitholders in compliance with the Declaration of Trust.


More Definitions of REIT Unitholders

REIT Unitholders means a holder of one or more REIT Units.
REIT Unitholders means the registered or beneficial holders of the REIT Units, as the context requires.

Related to REIT Unitholders

  • Unitholders means the holders of Units.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Unit Holders means all Unit Holders.

  • Class B Members means all such Persons.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • 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.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • Limited Partners means all such Persons.

  • Class B Units has the meaning set forth in Section 3.04(a)(ii).

  • Equity Holders means the Stockholders and the Option Holders.

  • Company Stockholders means the holders of shares of Company Capital Stock.

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Common Units is defined in the Partnership Agreement.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • OP Units means units of limited partnership interest in the Operating Partnership.

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

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner without reference to any Limited Partner Interest held by it) which may be evidenced by Partnership Securities or a combination thereof or interest therein, and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.