Offered Units shall have the meaning set forth in Section 11.1 hereof.
Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.
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.
Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”
Co-licensed partner means a person who, with at least one other person, has the right to engage in
Partnership Units or “Units” has the meaning provided in the Partnership Agreement.
Licensed IP Rights means, collectively, the Licensed Patent Rights and the Licensed Know-How Rights.
Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.
Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.