Payment Units definition

Payment Units has the meaning ascribed thereto in Section 2.2;
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Examples of Payment Units in a sentence

  • Any such Payment Units received by Sprott Asset Management Gold Bid LP shall be forthwith cancelled.

  • As soon as reasonably practicable after the completion of the transactions contemplated by Section 2.1 and Section 2.2, but subject to Section 2.4 and subject to the right of Sprott Asset Management Gold Bid LP to retain or reacquire one GTU Unit in its sole discretion, the GTU Trustees shall cause all of the outstanding GTU Units to be redeemed in exchange for the distribution, on a pro rata basis, to all of the GTU Unitholders of all of the Payment Units.

  • The number of Payment Units used to compute each Annuity Payment will be reduced by the same percentage.

  • If a Variable Annuity under one of Annuity Options 1 through 4 or 8 is elected, the Owner may Exchange Payment Units only among the Subaccounts.

  • Grantor has received and reviewed, or has had the opportunity to receive or review, a copy of the Partnership Agreement and understands that the Partnership Agreement contains important provisions governing Grantor’s rights with respect to the Consideration Units, the Bonus Payment Units and Grantee.

  • Within two Business Days after the receipt by the Trust and the Corporation of the proceeds of any sale (after underwriting discounts and commissions) of such Paired Shares pursuant to such registration, the Trust and the Corporation shall pay such proceeds to the tendering holder of the Delayed Payment Units, in full payment for the tender of such Delayed Payment Units.

  • You may elect to satisfy, in whole or in part, any such tax obligations by directing Oaktree to withhold a number of Profit Payment Units that would otherwise be deliverable to you with a fair market value equal to such withholding liability, subject to any limitations that the Board may impose for Oaktree to remain in compliance with any debt or indenture covenants, similar undertakings or applicable law.

  • Certain Exchanges of Account Value or Payment Units are permitted under the Contract.

  • Grantor is not acquiring the Consideration Units or the Bonus Payment Units, if any, with a view to or for sale in connection with any distribution thereof or any other security related thereto in violation of the Securities Act or any state securities laws.

  • Annuity Payments after an Exchange will reflect the new allocation of Account Value or Payment Units among the Subaccounts and the Fixed Account.

Related to Payment Units

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $500,000,000, your Sale Bonus would be $500,000. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Class B Units means the Class B Units of the Company.

  • Per Unit Purchase Price equals $2.125, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Private Placement Units shall have the meaning given in the Recitals hereto.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • 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.

  • Company Units has the meaning set forth in the Recitals.

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Private Units means the Units certain of the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.

  • apartment unit means any residential unit within a building containing three or more dwelling units where access to each residential unit is obtained through a common entrance or entrances from the street level and the residential units are connected by an interior corridor;

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Class C Units means the Class C Units of the Company.

  • Common Units means common units representing limited partner interests in the Partnership.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.