REIT Units definition

REIT Units means, collectively, Units, Special Voting Units and Exchangeable Securities;

REIT Units means, collectively, Units and Special Voting Units;

REIT Units means, collectively, the Units and the Special Trust Units; “RESP” means a registered education savings plan;

Examples of REIT Units in a sentence

• On January 19, 2016, Welsh redeemed 1,902,619 Class B Units in exchange for ownership and control over 1,902,619 REIT Units.

• For Unitholders who are liable to Singapore income tax on profits from sale of AA REIT Units, the amount of capital distribution will be applied to reduce the cost base of their AA REIT Units for Singapore income tax purposes.

• The maximum number of REIT Units reserved for issuance under the DUIP is 5% of the total number of REIT Units issued and outstanding from time to time.

• On January 11, 2016, Welsh redeemed 6,600,000 Class B Units in exchange for ownership and control over 6,600,000 REIT Units.

• REIT Units are ordinary units of the REIT, each of which represents a unitholders' proportionate undivided beneficial interest and voting rights in the REIT.

More Definitions of REIT Units

REIT Units means the limited liability company interests in the REIT designated as such with the rights, powers and duties set forth herein, and expressed in the number set forth on Exhibit A, as such exhibit may be amended from time to time.

REIT Units means units of participating interest in the REIT created in accordance with the provisions of the Declaration of Trust and includes a fraction of a unit of the REIT, but for the avoidance of doubt, does not include a Special Voting Unit.

REIT Units means, collectively, the Class A REIT Units, Class F REIT Units and Class I REIT Units and includes a fraction of a unit and any other classes of units authorized by the Trustees as such.

REIT Units means the outstanding units of the REIT other than the Special Voting Units and the Preferred Units authorized and issued pursuant to the Declaration of Trust.

REIT Units means the Trust Units, the Special Voting Units and such other voting units of the REIT created and issued from time to time pursuant to the Deed of Trust; provided that in the event of a change or a subdivision, redivision, reduction, combination or consolidation thereof, any reclassification, capital reorganization, amalgamation, arrangement, merger, sale or conveyance or liquidation, dissolution or winding-up, or such successive changes, subdivisions, redivisions, reductions, combinations or consolidations, reclassifications, capital reorganizations, amalgamations, arrangements, mergers, sales or conveyances or liquidations, dissolutions or windings-up, then, subject, in the case of Trust Units, to adjustments, if any, having been made in accordance with the provisions of Section 6.4, “REIT Units” (and its component units) shall mean the units or other securities or property resulting from such change, subdivision, redivision, reduction, combination or consolidation or reclassification, capital reorganization, amalgamation, arrangement, merger, sale or conveyance or liquidation, dissolution or winding-up;

REIT Units means trust units in the capital of the REIT, other than Special Voting Units; "RESP" means a "registered education savings plan" as defined in the Tax Act;

REIT Units means the Class A Units of the REIT;