Unit Interest definition

Unit Interest has the meaning set forth in the Partnership Agreement;

Unit Interest means, individually or collectively as the context may require, the Unit 1 Interest and/or the Unit 2 Interest.

Unit Interest means the undivided percentage interest which a Party holds at any time in the Unit [or, as appropriate, in a sole risk project] as defined in Appendix A.

Examples of Unit Interest in a sentence

• The terms and conditions of the Unit Interest Swap will be negotiated in good faith by the Operating Committee giving due consideration to and addressing, without limitation, the matters set forth in Exhibit C hereto.

• Subject to the following sentences of this Section 6.6, if a Shareholder or its Affiliate holding Units is transferring Units pursuant to the ROFO Provision, Tag Provision or Drag Provision, as applicable, or any other transfer other than to a Controlled Affiliate, the Shareholder must also transfer a number of Shares held by such Shareholder to the applicable Transferee such that the Share Interest held by the Transferee equals the Unit Interest held by the Transferee or its Affiliate.

• The parties acknowledge that for regulatory reasons, PSP has determined to hold a maximum Share Interest equal to 30% unless and until it holds 100% of the Shares, resulting in its Share Interest being lower than the Unit Interest held by PSP or its Affiliate until such time, and resulting in the Share Interest held by Pattern being higher than the Unit Interest held by Pattern or its Affiliate until such time.

• The institute undertakes training and monitoring activities with all recruitment staff to ensure compliance with this policy and procedure.

• Subject to Section 9.6(b) and Article Twelve with respect to a Unit Interest Swap Transaction in the absence of a Buyout Transaction, nothing in this Agreement is intended to be, and shall not be deemed to be, a binding commitment or obligation on the part of either Owner to enter into or consummate any Buyout Transaction.

More Definitions of Unit Interest

Unit Interest means Vendor's entire interest in and to the Unit, including Vendor's interests attributable to the Petroleum and Natural Gas Rights therein;

Unit Interest means the Unit 3 Interest.

Unit Interest means an undivided subleasehold interest in the Premises as set forth in Exhibit C of the CC&R’s, which interest is associated with that certain Unit identified in the Preamble on page 1 hereof.

Unit Interest. Unit Interest # (the "Unit Interest"), a one-thirteenth undivided interest in Unit #1003 Crescent Shores (the "Unit") as described in the Master Deed for Crescent Shores Horizontal Property Regime recorded in the Register of Deeds office for Horry County in Deed Book 3011 at page 816, and governed by the Declaration of Covenants, Conditions, Restrictions and Easements for Owner’s Quarters #0000 Xxxxxxxx Xxxxxx (the "Declaration"). The Unit Interest is subject to the Declaration, as defined below. Purchase Price:

Unit Interest means the right, title, estate and interest of Vendor or Subco described in Schedule “B” in and to the Unit; and

Unit Interest means, individually or collectively as the context may require, the Unit 1 Interest and/or the Unit 2 Interest. 51 "UNIT PERCENTAGE" shall mean, with respect to any Unit, the undivided interest in such Unit conveyed to the Owner Lessor pursuant to the Bill xx Sale.

Unit Interest means an ownership interest in a Unit, together with the undivided ownership interest in the common elements, easements and other rights appurtenant to such Unit, as more fully provided in the Condominium Documents to be approved by Lender.