Unit definition

Unit and “Quality” means the unit and quantity specified in the schedule.
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Unit means a Partnership Interest that is designated as a “Unit” and shall include Common Units and Subordinated Units but shall not include (i) the General Partner Interest or (ii) Incentive Distribution Rights.
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Unit means a Common Unit of the Partnership.
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Examples of Unit in a sentence

  • The Trustee's compensation rate pursuant to Section 6.04 of the Standard Terms and Conditions of Trust shall be an annual fee in the amount of $.0096 per Unit.

  • First Trust Advisors L.P.'s compensation as referred to in Section 3.16 of the Standard Terms and Conditions of Trust and First Trust Portfolios L.P.’s compensation as referred to in Section 4.03 of the Standard Terms and Conditions of Trust shall be an annual aggregate fee in the amount of $.0080 per Unit.

  • Furthermore, each transfer of a Unit on the register relating to such Units shall operate also to transfer the Warrants included in such Unit.

  • Prior to the Detachment Date, the Public Warrants may be transferred or exchanged only together with the Unit in which such Warrant is included, and only for the purpose of effecting, or in conjunction with, a transfer or exchange of such Unit.

  • The minimum number of Units a Unit holder must redeem in order to be eligible for an in-kind distribution of Securities pursuant to Section 5.02 shall be 2,500 Units of the Trust.


More Definitions of Unit

Unit means the interest of the unitholders in a scheme, which consists of each unit representing one undivided share in the assets of a scheme.
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Unit means one undivided share in the Trust, and where the context so indicates, a fraction thereof.
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Unit and "Quantity" means the unit and quantity specified in the contract;
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Unit means a Partnership Security that is designated as a “Unit” and shall include Common Units but shall not include (i) General Partner Units (or the General Partner Interest represented thereby), (ii) the TexNew Mex Units or (iii) the Special Limited Partner Interest.
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Unit means a unit representing an undivided share in a Sub-Fund.
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Unit means each separate residential dwelling unit which comprises an independent facility capable of conveyance separate from adjacent residential dwelling units.
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Unit means a unit representing a fractional part of the Membership Interests of the Members and shall include all types, classes and series of Units, including the Class A Units and the Class B Units; provided, that any type, class or series of Units shall have the privileges, preference, duties, liabilities, obligations and rights set forth in this Agreement and the Membership Interests represented by such type, class or series of Unit shall be determined in accordance with such privileges, preference, duties, liabilities, obligations and rights.
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