RPU definition
Examples of RPU in a sentence
Unless and until an RPU vests, the Participant will have no right to payment in respect of any such RPU.
Prior to actual payment in respect of any vested RPU, such RPU will represent an unsecured obligation of the Partnership, payable (if at all) only from the general assets of the Partnership.
DERs shall not entitle the Participant to any payments relating to distributions occurring after the earlier to occur of the applicable RPU payment date or the forfeiture of the RPU underlying such DER.
Each RPU granted hereunder is hereby granted in tandem with a corresponding DER, which DER shall remain outstanding from the Grant Date until the earlier of the payment or forfeiture of the RPU to which it corresponds.
DERs: Each RPU granted under this Agreement shall be issued in tandem with a corresponding DER, which shall entitle the Participant to receive payments in an amount equal to Partnership distributions in accordance with Section 3 of this Agreement.
Subject to Section 4 below, each RPU that vests shall represent the right to receive payment, in accordance with Section 5 below, in the form of one Unit.
RPU is not responsible for incidental or consequential damage resulting from a service line break.
Your premises shall be made available to RPU for such an inspection.
Subject to Section 4 below, each RPU that vests shall represent the right to receive payment, in accordance with Section 5 below, in the form of one Unit or the Fair Market Value of a Unit, as applicable.
Failure to pay by the due date may be cause for RPU to drop you from the program.