NAV per Unit means the NAV of the Company divided by the number of Units then outstanding.
Semester means the first six months or the second six months of a calendar year.
Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.
Unit and “Quality” means the unit and quantity specified in the schedule.
Quarter means, unless the context requires otherwise, a fiscal quarter of the Partnership, or, with respect to the fiscal quarter of the Partnership which includes the Closing Date, the portion of such fiscal quarter after the Closing Date.
GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.
Unit Share means a Common Share comprising part of each Unit;
Common Unit Economic Balance has the meaning set forth in Section 5.01(g) hereof.
PPU means the location given by the Customer as the Primary Place of Use for a particular TN or 8xx TN.
Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;
target unit means a facility or group of facilities to which an underlying agreement applies; “tCO2 equivalent” means tonnes of carbon dioxide equivalent;
Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.
Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.
Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.
Calendar Quarter means each period of three (3) consecutive calendar months, ending March 31, June 30, September 30, and December 31.
British thermal unit or "Btu" means the amount of heat
Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.
Production Unit means a facility for generation of electricity made up of a single generation unit or of an aggregation of generation units;
Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.
Commercial unit means such a unit of goods as by commercial usage is a single whole for purposes of lease and division of which materially impairs its character or value on the market or in use. A commercial unit may be a single article, as a machine, or a set of articles, as a suite of furniture or a line of machinery, or a quantity, as a gross or carload, or any other unit treated in use or in the relevant market as a single whole.
OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.
Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.
Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.
Half Year means the period of six months commencing on the first day of April or October of a financial year;
Phantom Unit means a notional Unit granted under the Plan which upon vesting entitles the Participant to receive, at the time of settlement, a Unit or an amount of cash equal to the Fair Market Value of a Unit, as determined by the Committee in its sole discretion.