Examples of Trust Units in a sentence

A dissenting Trust Unitholder shall, within 30 days after the sending of a notice under subsection (f), send the Trust Unit Certificates representing the Trust Units in respect of which the Trust Unitholder dissents to the Trust or the Transfer Agent.
In this case, each Trust Unit Certificate representing a number of Trust Units prior to the distribution of additional Trust Units is deemed to represent the same number of Trust Units after the non-cash distribution of additional Trust Units and the consolidation.
Trust Unit Certificates representing any number of Trust Units may be exchanged without charge for Trust Unit Certificates representing an equivalent number of Trust Units in the aggregate.
The rights of a Trust Unitholder whose Trust Units are held through the Depository shall be exercised only through the Depository and the CDS Participants and shall be limited to those established by law and agreements between such Trust Unitholders and the Depository and/or the CDS Participants or upon instruction from the CDS Participants.
Trust Units shall be considered to be tendered for redemption on the date that the Trust has, to the satisfaction of the Trustees, received the notice and other required documents or evidence as aforesaid.

More Definitions of Trust Units

Trust Units means the units of the Trust, each unit representing an equal undivided beneficial interest in the Trust.

Trust Units means Subordinated Units and Common Units, collectively.

Trust Units has the meaning set forth in the recitals hereof.

Trust Units means those equal, undivided portions into which the Beneficial Interests in the Partnership's Trust Assets are divided, as evidenced on the books and records of the Trust.

Trust Units means uncertificated, undivided pro rata fractional interests in the Beneficial Interest, determined as hereinafter provided.

Trust Units means the trust units of the Fund, each representing an equal undivided beneficial interest in the Fund;