Unit Holder definition

Unit Holder means a person holding units in the scheme of the Mutual Fund.
Unit Holder means the owner of one or more Units.
Unit Holder means any Person who holds a Unit, whether as a Member or as an Economic Owner.

Examples of Unit Holder in a sentence

  • Notwithstanding anything to the contrary herein, no Unit Holder shall be entitled to any Tax Benefit Payments with respect to any IPO Existing Basis unless and until such TRA Party has Exchanged (in one or more Exchanges) Common Units equal to 5% of the Common Units held by such Unit Holder immediately prior to the IPO (such Common Units, with respect to each TRA Party, such TRA Party’s “Threshold Exchange Units”).

  • A Unit Holder which has Exchanged at least the Threshold Exchange Units shall become entitled to receive (a) on the immediately succeeding Final Payment Date, the Tax Benefit Payments foregone as a result of the immediately preceding sentence, if any, and (b) on each subsequent Final Payment Date, the amount of Tax Benefit Payments (including with respect to IPO Existing Basis), if any, otherwise payable to such Unit Holder on such Final Payment Date.


More Definitions of Unit Holder

Unit Holder means the holder of any unit of any Trust.
Unit Holder has the meaning ascribed to that term in the Trust Deed;
Unit Holder means the investor for the time being entered in the Register as owner of a Unit including investors jointly so registered pursuant to the provisions of this Trust Deed.
Unit Holder or "Holders" means a person recognized by or on behalf of the Trustee Company as the holder of Units under the said Scheme, and whose name is, for the time being, entered in the Register or list of Holders maintained under the said Scheme.
Unit Holder shall be the registered holder of any Unit, whether or not in certificated form, as recorded on the registration books of the Trustee."
Unit Holder means the registered holder of any Unit as recorded on the registration books of the Trustee, his legal representatives and heirs and the successors of any corporation, partnership or other legal entity which is a registered holder of any Unit and as such shall be deemed a beneficiary of the Trust created by this Indenture to the extent of his pro rata share thereof.
Unit Holder. , in relation to a unit trust, means the owner of an interest in the moneys, investments and other property which are for the time being subject to the trusts governing the unit trust, that interest being expressed in the number of units of which he is the owner;