SLC Units definition

SLC Units means any or all of Redrow’s units / plots (irrespective of build or sale status) on its Kingsbourne Development;
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SLC Units means all issued and outstanding OP Units, Class A OP Units and Class B OP Units, each as defined in the SLC LP Agreement, of SLC.
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Examples of SLC Units in a sentence

  • All the outstanding SLT Units and SLC Units have been duly authorized and are validly issued, fully paid and nonassessable.

  • As of October 17, 1997, 62,978,381 units of SLT Realty Limited Partnership ("SLT Units") and 63,232,722 units of SLC Operating Limited Partnership ("SLC Units") were outstanding.

  • As of October 17, 1997, the Trust beneficially owned 51,302,015 SLT Units and Parent and its subsidiaries beneficially owned 51,302,015 SLC Units and the remaining issued and outstanding SLT Units and SLC Units were owned by the persons and in the quantities set forth in Section 2.2 of the Parent Letter.

  • As of August 31, 1997, 58,267,799 units of Starwood Realty Partnership ("SLT Units") and 58,522,140 units of Starwood Operating Partnership ("SLC Units") were outstanding.

  • Shares, SLT Units and SLC Units have been duly authorized and are validly issued, fully paid and nonassessable.

  • Shares reserved for issuance upon the exchange of the SLT Units and the SLC Units, respectively, and except that, as of August 31, 1997, there were 5,952,090 Starwood Corp.