UPREIT Units definition

UPREIT Units means preferred or common units of limited partnership interests of the Operating Partnership.
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Examples of UPREIT Units in a sentence

  • Such interest has been calculated as the percentage of outstanding common shares divided by the total outstanding common shares and Operating Partnership Units ("UPREIT Units") outstanding.

  • Supplemental cash flow information including non-cash financing and investing activities for the years ended December 31, 2010, 2009 and 2008 are as follows: Supplemental disclosures:Cash paid for interest, net of capitalized interest (1) Refer to Note 2 for discussion on the required change in accounting for the exchanges of UPREIT Units for common shares that became effective January 1, 2009.

  • Personal precautionsRefer to protective measures listed in sections 7 and 8.

  • As part of the total purchase price of approximately $150.0 million, the Company issued 822,794 UPREIT Units valued at $18.50 per unit.

  • For the years ended December 31, 2000, 1999 and 1998 are as follows: 200019991998Cash paid for interest$54,829$36,967$23,284Mortgage loans assumed associated with property acquisitions162,967203,32681,094Issuance of UPREIT Units associated with property and other acquisitions58,616149,48877,425Notes issued in exchange for officer and director stock purchases--5,444Exchange of UPREIT Units/partnership interest for common/preferred shares7,38836,771801HOME PROPERTIES OF NEW YORK, INC.

  • This mixture does not contain any substance that is considered very persistent or very bioaccumulative (vPvB)(if not listed in section 3).· PBT: Not applicable.

  • The total purchase price for the Property was approximately $112.5 million, approximately $23.5 million of which was paid in cash, approximately $29.0 million of which was paid in UPREIT Units valued at $17.50 per unit and approximately $60.0 million of which was paid in Common Stock valued at $17.50 per share.

  • The total purchase price for the Property was approximately $130.0 million, consisting of approximately $128.0 million in cash, of which $104.8 million was Section 1031 exchange funds from the sale of One Norwest Center in Denver, Colorado, and approximately $2.0 million of which was paid in UPREIT Units valued at $17.25 per unit.

  • As part of the total purchase price of approximately $112.5 million, the Company issued 3,428,571 shares of common stock and 1,657,426 UPREIT Units, both valued at $17.50.

  • The balance of the Transfer Consideration, after taking into account all adjustments, apportionments, credit for the First Mortgage and Second Mortgage and any cash payable pursuant to subclause (i) above, shall be referred to as the "CUMBERLAND UNIT VALUE," and shall be payable by the issuance to each of the transferring Contributors the number of UPREIT Units computed as set forth in Section 2.2 below.

Related to UPREIT Units

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Common Units is defined in the Partnership Agreement.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Company Units has the meaning set forth in the Recitals.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Membership Units means membership interests in the Company.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Class B Units means the Class B Units of the Company.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • 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.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Membership Interests has the meaning set forth in the recitals.

  • REIT Shares shall have the meaning set forth in the OP Agreement.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner) and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Class A Common Units means the Company's Class A Common Units.

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned by any Pledgor or represented by any Partnership Interest.

  • Preferred Units means the Series A Preferred Units and the Series B Preferred Units.

  • Co-op Shares Shares issued by private non-profit housing corporations.