Unit Purchaser definition

Unit Purchaser means FR XI Offshore AIV, L.P., an exempted limited partnership formed under the laws of Cayman Islands or its designee in accordance with the Unit Purchase Agreement.

Unit Purchaser. An Investor in the Company who thereby becomes a Member. One who purchases one or more Units and has thereby obtained a pro rata share in the Company.

Unit Purchaser means the registered owner of a Unit in the Proposed Development from time to time and, in this context, includes the Developer.

Examples of Unit Purchaser in a sentence

• Income of Housing Unit Purchaser or Renter After the prototypes are established, the next step in the analysis is to determine the income of the purchasing or renting households in the prototypical units.

• Purchaser acknowledges that as owner of the Unit, Purchaser shall be subject to the provisions of and restrictions contained in the Declaration, the Master Declaration and the Map, shall automatically become a member of the Association and the Master Association and shall be governed by the Association Documents and the Master Association Documents.

• Prior to Closing, if such amendment, modification, change or revision materially adversely affects Purchaser’s use and enjoyment of the Unit, Purchaser may terminate this Agreement within three (3) days after receiving a copy of such amended, modified, changed or revised documents or materials, whereupon the Xxxxxxx Money Deposit paid by Purchaser shall be refunded by Seller and the parties hereto shall have no rights or liabilities hereunder.

• By purchasing the Unit, Purchaser automatically becomes a member of the Association.

• Purchaser acknowledges that, upon purchase of the Unit, Purchaser will become a member in the Residence Association and shall be bound by the Project Documents.

More Definitions of Unit Purchaser

Unit Purchaser means the buyer of a Unit to whom the tax exemption for that Unit will be transferred and who will be responsible pursuant to this Agreement to pay the applicable portion of the Annual Service Charge.

Unit Purchaser has the meaning provided in the preamble hereto.

Unit Purchaser has the meaning set forth in Section 3.5.3(a).

Unit Purchaser means Riverstone V PVR Holdings, L.P., a Delaware limited partnership.

Unit Purchaser means a purchaser of a Unit pursuant to a Unit Sales Contract.

Unit Purchaser means FR XI Offshore AIV, L.P., an exempted limited partnership formed under the laws of Cayman Islands or its designee in accordance with the Unit Purchase Agreement. 2. Article IV is hereby amended to add a new Section 4.8 creating a new series of Units as follows: Section 4.8 Establishment of Class B Units (a) The General Partner hereby designates and creates a series of Limited Partner Units to be designated as “Class B Units” and consisting, as of the date hereof, of a total of 5,697,759 Class B Units, having the terms and conditions set forth herein. (b) The holders of the Class B Units shall have rights upon dissolution and liquidation of the Partnership, including the right to share in any liquidating distributions pursuant to Section 14.3, in accordance with Article XIV of the Partnership Agreement. (c) Conversion of Class B Units (i) Immediately before the close of business on the Conversion Date, the Class B Units shall automatically convert into LP Units on a one-for-one basis. (ii) Upon conversion, the rights of a holder of converted Class B Units as holder of Class B Units shall cease with respect to such converted Class B Units, including any rights under this Agreement with respect to holders of Class B Units, and such Person shall continue to be a Limited Partner and have the rights of a holder of LP Units under this Agreement. All Class B Units shall, upon the Conversion Date, be deemed to be transferred to, and cancelled by, the Partnership in exchange for the LP Units into which the Class B Units converted. (iii) The Partnership shall pay any documentary, stamp or similar issue or transfer taxes or duties relating to the issuance or delivery of LP Units upon conversion of the Class B Units. However, the holder shall pay any tax or duty which may be payable relating to any transfer involving the issuance or delivery of LP Units in a name other than the holder’s name. The Transfer Agent may refuse to deliver the Certificate representing LP Units being issued in a name other than the holder’s name until the Transfer Agent receives a sum sufficient to pay any tax or duties which will be due because the shares are to be issued in a

Unit Purchaser means those people who are listed as unit purchasers in the First Schedule each of whom is a Member and will be required to make a Contribution in accordance with an Agreement for Sale and Purchase, whether or not the Unit Purchaser will make a Further Contribution by means of an advance to the Company.