Unit FMV definition

Unit FMV has the meaning set forth in Section 10.7.1.
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Examples of Unit FMV in a sentence

  • At the written request of a holder of Class A-19 Units, in order to assist such holder in determining whether to exercise the rights in this Section 8.08(k), the Managing Member shall provide such holder with a calculation of the Class A-19 Unit FMV.

  • Each party shall pay the fees and expenses of its own attorneys, accountants and advisors in connection with the transactions contemplated by this Section 2.3. At the written request of the Investor, in order to assist the Investor in determining whether to exercise the rights in this Section 2.3, the Managing Member shall provide the Investor with a calculation of the Class A-20 Unit FMV.

  • If such Appraiser’s determination of the Unit FMV is less than or equal to 110% of the Unit FMV determined by the Board, all costs and expenses associated with the Appraisal shall be borne by the Participant up to a maximum of $250,000 in the aggregate, with the remaining costs and expenses borne by the Company.

  • Any determination of the Appraiser pursuant to the foregoing provisions shall be a final and binding determination of the Unit FMV on the Participant and the Company.

  • If the Appraisal with respect to the Unit FMV results in a greater cash amount payable in respect of the Vested PSUs pursuant to Section 4(a)(ii) or Section 4(a)(iii) above, the additional cash amount shall be paid to the Participant within forty-five (45) days of the Appraisal completion date.

  • If the Appraisal with respect to the Unit FMV results in a greater cash amount payable in respect of the Vested RSUs pursuant to Section 4(a)(B) or Section 4(a)(C) above, the additional cash amount shall be paid to the Participant within forty-five (45) days of the Appraisal completion date.

  • In conjunction with its determination of the amount of OP Units, the Cash Amount (less the Redemption Fee) or the amount of OP Units and the Modified Cash Amount (less the Redemption Fee) that each Investor shall receive, the Operating Partnership shall determine the Unit FMV, each Investor’s Interest FMV, and the Real Estate FMV in accordance with Section 11.05 below.

  • If the Appraiser’s determination of the Disputed Value is more than 110% of the Unit FMV determined by the Board, all costs and expenses associated with the Appraisal shall be borne by the Company.

  • If the Appraiser’s determination of the Disputed Value is more than 110% of the Total Proceeds or the Unit FMV determined by the Board, all costs and expenses associated with the Appraisal shall be borne by the Company.

  • If such Appraiser’s determination of the Disputed Value is less than or equal to 110% of the Total Proceeds or the Unit FMV determined by the Board, all costs and expenses associated with the Appraisal shall be borne by the Participant up to a maximum of $250,000 in the aggregate, with the remaining costs and expenses borne by the Company.

Related to Unit FMV

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Common Unit Economic Balance means (i) the Capital Account balance of the General Partner, plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to the General Partner’s ownership of Partnership Common Units and computed on a hypothetical basis after taking into account all allocations through the date on which any allocation is made under Section 6.2.D hereof, divided by (ii) the number of the General Partner’s Partnership Common Units.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.