Residual Units definition

Residual Units means the Series M-R Units and the Series Z-R Units.
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Residual Units means the Class C Units and/or the Class D Units.
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Residual Units means, collectively, Earthbound I Class B Common Units, Earthbound I Class C Management Units, Earthbound I Class C-1 Management Units, and Bonus Points.
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Examples of Residual Units in a sentence

  • If (i) the Effective Date occurs and (ii) the conditions set forth in Sections 11(j) and 11(k) hereof are satisfied with respect to Sankaty, Sankaty hereby agrees to receive and exercise all of the Subscription Rights offered to Sankaty or its Affiliates and to purchase the Sankaty Residual Units (as defined herein).

  • In addition, after Oaktree and Apollo reach the Minimum Oaktree/Apollo Equity Threshold, any additional Residual Units shall be allocated to Sankaty pro rata based on the pre-rights offering equity value into which Eligible Claims owned by Oaktree and Apollo in the aggregate may be converted, on the one hand, and Sankaty, on the other hand (the “Sankaty Residual Units”).

  • Ownership of and title to the Residual Units were established by book entry in the register of Residual Unitholders (compte titres) opened and maintained by the Registrar for the purposes thereof, in accordance with Articles L.

  • The cash flow allocation rules applicable to the Compartment for purposes of paying interest owed under the Residual Units are set out in Clause 29 (Cash Flow Allocation) of the Compartment Regulations.

  • Residual Units shall only be offered to, transferred to or held by clients professionnels referred to in Article L.


More Definitions of Residual Units

Residual Units has the meaning set forth in the Recitals of this Agreement.
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Residual Units are calculated by subtracting (i) the IPO Units and the General Partner Units from (ii) the Total Units Outstanding.
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Residual Units means the residual units (parts résiduelles) issued by the FCT in accordance with the FCT Regulations.
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Residual Units means all Units other than (i) Primary Units and (ii) Restricted Units.
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Residual Units means the ten Units issued by the Trust to the Residual Unitholder pursuant to Section 3.1(b) of the Plan of Arrangement;
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Residual Units has the meaning set forth in Section 2.3(d).
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Residual Units mean the Class B Units and the Capital Incentive Units.
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