Unit Right definition

Unit Right means bearer security which certifies ownership right of the investor to the assets invested in the investment fund;
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Unit Right means a right to acquire a Unit issued pursuant to the TURIP.
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Unit Right means a right to purchase a Trust Unit, issued under the TURIP.
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Examples of Unit Right in a sentence

  • Any proposed ------------------------------------------- transferee shall deliver to the Managing General Partner a written agreement reasonably satisfactory to the Managing General Partner to the effect that the transferee will, within six (6) months after consummation of an Investor Unit Right Transfer, tender its Investor Unit Rights for Redemption in accordance with the terms of the Redemption rights provided in Section 16.1 hereof.

  • To the extent any additional Restricted Stock Units are delivered pursuant to a Dividend Unit Right, such additional Restricted Stock Units shall be subject to the payment schedule set forth below in Section 6.

  • Upon such conversion, all rights of each holder of such Class A-1 Investor Unit Rights shall cease and each holder shall have only the rights of a holder of Class A Investor Unit Rights as set forth in the Class A Investor Unit Right Designation.

  • In addition, any transferee of any Transferred Investor Unit Right shall be subject to any and all ownership limitations (including, without limitation, the Ownership Limit) contained in the Charter that may limit or restrict such transferee's ability to exercise its Redemption rights, including, without limitation, the Ownership Limit.

  • In accordance with, and subject to the terms of, Section 5.1 and 13.5 of the Partnership Agreement, each holder of a Class A-1 Investor Unit Right shall receive, for each Distribution Period, a pro rata share of Distributions under Article 5 of the Partnership Agreement in an amount equal to the Distributions such Investor would have received if such Investor had been a Limited Partner and had held one Partnership Common Unit for each of such Investor's Class A-1 Investor Unit Rights.

  • No Investor shall have any preemptive, -------------------- preferential, participation or similar right or rights to subscribe for or acquire any Investor Unit Right.

  • Subject to the applicable Investor Unit Right Designation, each Investor shall receive a pro rata share of Distributions under Article 5 hereof in an amount equal to the distributions such Investor would have received if such Investor held one REIT Share (bearing the same designations as the actual Investor Unit Right held by such Investor) for each of such Investor's Investor Unit Rights.

  • Subject to the applicable ------------------------------ Investor Unit Right Designation, each Investor shall receive a pro rata share of Distributions under Article 5 hereof in an amount equal to the Distributions such Investor would have received if such Investor held one Partnership Unit (bearing the same designations as the actual Investor Unit Right held by such Investor) for each of such Investor's Investor Unit Rights.

  • The Board may, in its sole discretion, grant a tandem Cash Dividend Right or Dividend Unit Right grant with respect to Restricted Stock Units.

  • In accordance with, and subject to the terms of, Section 5.1 and 13.5 of the Partnership Agreement, each holder of a Class A Investor Unit Right shall receive, for each Distribution Period, a pro rata share of Distributions under Article 5 of the Partnership Agreement in an amount equal to the Distributions such Investor would have received if such Investor had been a Limited Partner and had held one Partnership Common Unit for each of such Investor's Class A Investor Unit Rights.


More Definitions of Unit Right

Unit Right means a right, documented by a Unit Rights Agreement, to purchase, or realize the appreciation in, a Preference Unit, pursuant to the provisions of this Plan.
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Related to Unit Right

  • Share Unit means either an RSU or a PSU, as the context requires.

  • Corporate Unit means the collective rights and obligations of a Holder of a Corporate Unit Certificate in respect of the Applicable Ownership Interest in Debentures or the Applicable Ownership Interest in the Treasury Portfolio, as the case may be, subject in each case to the Pledge thereof (except that the Applicable Ownership Interest in the Treasury Portfolio as specified in clause (ii) of the definition of such term shall not be subject to the Pledge), and the related Purchase Contract.

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Limited rights means the rights to use, modify, reproduce, release, perform, display, or disclose technical data, in whole or in part, within the Government. The Government may not, without the written permission of the party asserting limited rights, release or disclose the technical data outside the Government, use the technical data for manufacture, or authorize the technical data to be used by another party, except that the Government may reproduce, release, or disclose such data or authorize the use or reproduction of the data by persons outside the Government if—