Vested LTIP Units definition

Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Vested LTIP Units has the meaning set forth in Section 16.2.A hereof.
Vested LTIP Units means those Earned LTIP Units that have fully vested in accordance with the time-based vesting conditions of Section 3(d) or have vested on an accelerated basis under Section 4.

Examples of Vested LTIP Units in a sentence

  • The General Partner shall have the right at any time to cause a conversion of Vested LTIP Units into Common Units.

  • The General Partner shall have the right at any time to cause a conversion of Vested LTIP Units into OP Units.

  • Vested LTIP Units are eligible to be converted into Common Units in accordance with Section 4.05 hereof.

  • The General Partner shall have the right at any time to cause a conversion of Vested LTIP Units into Limited Partnership Units.

  • LTIP Unitholders shall (a) have the same voting rights as the holders of Common Units, with all Vested LTIP Units and Unvested LTIP Units voting as a single class with the Common Units and having one vote per LTIP Unit; and (b) have the additional voting rights that are expressly set forth below.


More Definitions of Vested LTIP Units

Vested LTIP Units means Earned LTIP Units that have satisfied the time-based or accelerated vesting requirements of an Award Agreement.
Vested LTIP Units means any portion of the Award LTIP Units subject to this Agreement that is and has become vested pursuant to Section 2.
Vested LTIP Units shall have the meaning set forth in Section 1.2 of Schedule H hereto.
Vested LTIP Units has the meaning set forth in Section 3(a) hereof.
Vested LTIP Units has the meaning set forth in Section 1.2 of Exhibit C hereto.
Vested LTIP Units has the meaning set forth in Section 13.01(c)(i) hereof.
Vested LTIP Units means Unvested LTIP Units that have satisfied the vesting requirements of the Award Agreement.