Stapled Unit definition

Stapled Unit means one Unit and one Granite GP Common Share that are required to be transferred together in accordance with Section 5.09;

Stapled Unit means a security consisting of a unit of the Granite REIT and a common share of the Corporation which trade together;

Stapled Unit means a unit consisting of one Granite REIT Unit and one Granite GP Common Share.

Examples of Stapled Unit in a sentence

• Several executors or administrators of a deceased holder of Share Stapled Units in whose name any Share Stapled Unit stands shall for this purpose be deemed joint holders thereof.

• The grant date fair value of an RSU is equal to, in Canadian dollars, the volume-weighted average trading price per Stapled Unit on the stock exchange on which the highest volume of Stapled Units was traded on the relevant days during the five trading days immediately preceding the grant date of the RSU.

• For a description of the Executive Deferred Stapled Unit Plan under which the PSUs are awarded, please see “— Equity Compensation Plan Information”.

• However, for so long as the Share Stapled Units are listed on the Stock Exchange, trading on the Stock Exchange will only take place in the form of Share Stapled Units and there is only a single price quotation on the Stock Exchange for a Share Stapled Unit.

• In addition, no amendment to the Executive Deferred Stapled Unit Plan or Grants made pursuant thereto may be made without the consent of a Participant if it adversely alters or impairs the rights of the Participant in respect of any Grant previously granted to such Participant, except that Participant consent shall not be required where the amendment is required for purposes of compliance with applicable law.

More Definitions of Stapled Unit

Stapled Unit means a unit consisting of one Granite REIT Unit and one Common Share of the Company.

Stapled Unit means one REIT Unit and one Finance Trust Unit, which traded together prior to the completion of the Amended Reorganization.

Stapled Unit. ’ means a unit consisting of one LIORC Share and one Subordinated Note Receipt.

Stapled Unit means a unit consisting of one Granite GP Common Share and one Granite REIT Unit;

Stapled Unit means a unit consisting (less, at any time, the number of Preferred Shares redeemed immediately prior to such time), of one Note Receipt, 100 Preferred Shares and one Common Share, as such unit may be reconstituted from time to time.

Stapled Unit means a Vital Australia Unit in a class and a Vital NZ Unit in the equivalent class which are Stapled together and registered in the name of the Unit Holder

Stapled Unit means the combination of one Common Share, 100 Preferred Shares and a Subordinate Note Receipt;