Unit Rights definition

Unit Rights prospectus” means a set of documents prepared by the founders of the investment fund for the purpose of offering of unit rights to the public in line

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Unit Rights means rights, Options or Convertible Securities or other securities or rights convertible into or exchangeable or exercisable for Units.

Unit Rights prospectus' shall mean a set of documents prepared by the founders of the investment fund for the purpose of offering of unit rights in accordance with the procedures of this Law;

Examples of Unit Rights 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.

• Any Transferring Investor must ---------------------------- Transfer not less than the lesser of (i) five hundred (500) Investor Unit Rights or (ii) all of the remaining Investor Unit Rights owned by such Transferring Investor; provided, however, that, for purposes of determining -------- ------- compliance with the foregoing restriction, all Investor Unit Rights owned by Affiliates of an Investor shall be considered to be owned by such Investor.

• The ----------------------------------------------- transferring Investor (or the Investor's estate in the event of the Investor's death) shall give written notice of the proposed Transfer to the Managing General Partner, which notice shall state (i) the identity of the proposed transferee and (ii) the amount and type of consideration proposed to be received for the Transferred Investor Unit Rights.

• The transferee shall not be permitted -------------------- to effect any further Transfer of the Investor Unit Rights, other than to the Managing General Partner.

• Subject to receipt of all necessary approvals, Harvest will adopt the amendments to the Harvest Unit Award Incentive Plan as further described in the Harvest Information Circular, together with such additional amendments to the Harvest Unit Award Incentive Plan and Harvest Trust Unit Rights Incentive Plan as may be agreed between Harvest and Viking, acting reasonably.

• Unit Rights are the number of Units as specified in Section (3) multiplied by the Unit Value.

• The Managing General Partner shall have ten (10) Business Days upon which to give the Transferring Investor notice of its election to acquire the Investor Unit Rights on the terms set forth in such notice.

• A grant of Dividend Unit Rights may provide that such Dividend Unit Rights shall be subject to the same vesting and payment provisions as the tandem Award or be subject to such other provisions and restrictions as determined by the Board in its sole discretion.

• A class of Investor Unit Rights is hereby created and designated as "Class A Investor Unit Rights." The number of Investor Unit Rights constituting the Class A Investor Unit Rights shall be unlimited.

• Secondary Unit Rights are the Primary Unit Rights multiplied by the Multiple.

More Definitions of Unit Rights

Unit Rights means any distribution, dividend, additional Units and any other right or property which Pledgor shall receive or shall become entitled to receive for any reason whatsoever (whether by reclassification, merger, exchange, liquidation or otherwise) with respect to, in substitution for or in exchange for any Units, right to receive Units, options for Units and right to receive earnings which Pledgor has heretofore or hereafter acquires from the Company for any reason. “Unit Rights” shall specifically include rights to any cash distributions or dividends paid on the Units, except that Pledgor shall have the right to retain such cash distributions or dividends so long as Pledgor is not in Default (as defined below) hereunder. Unless otherwise defined herein, all capitalized terms used in this Agreement shall have the meanings provided in the Loan Agreement.

Unit Rights means any contract rights in whatever form (including options, warrants and convertible securities) to acquire Units or other form of member, equity or beneficial interest in the Company.

Unit Rights has the meaning set forth in the definition of "Wellbore Interests".

Unit Rights shall specifically include rights to any cash distributions or dividends paid on the Units, except that Pledgor shall have the right to retain such cash distributions or dividends so long as Pledgor is not in Default (as defined below) hereunder. Unless otherwise defined herein, all capitalized terms used in this Agreement shall have the meanings provided in the Loan Agreement.