Remaining Units definition

Remaining Units shall have the meaning as set forth in Section 6.2(b).

Remaining Units means the 66,666,666 Class B Units as referenced in the Unit Purchase Agreement, as if such Class B Units were issued and Outstanding on the Purchaser Class B Initial Funding Date and as such Class B Units are adjusted over time ending on the Purchaser Class B Final Funding Date pursuant to Sections 5.12(b)(ii) and 5.12(b)(ix). The purchase price for each Purchaser Class B Unit shall be the Class B Issue Price regardless of the number of Class B Units actually issued.

Remaining Units means the difference between 25% of the outstanding Units and the number of Units purchased pursuant to the Offer and/or owned by the Standstill Parties as of the Expiration Date.

Examples of Remaining Units in a sentence

• The CEI Remaining Units were issued to the CEI Holder in accordance with the CEI Unit Purchase Agreement on the CEI Class B Final Funding Date.

• Subject to the Acquiror’s assumption, continuation or substitution for the Remaining Units pursuant to Section 8(b), after the Change in Control, the remainder of the Unvested Units (the “Remaining Units”) shall continue to vest on a straight-line, monthly vesting schedule, and the vesting schedule described in Section 4 above shall no longer be in effect.

• The Remaining Units shall be issued to the Purchaser in accordance with the Unit Purchase Agreement.

• The Group intends to acquire the Remaining Units so as to be the owner of the whole Building and may contemplate to redevelop if and when the Directors consider market sentiment to be appropriate.

• As at the date of this announcement, the Company does not have a concrete timing to submit the application under the Ordinance as it depends on, but without limitation to the success level in the ongoing negotiations with the owners of the Remaining Units and the sentiment in the property market for redevelopment.

More Definitions of Remaining Units

Remaining Units means, with respect to each Member, all New Class A Units held by such Member immediately following the IPO, taking into account all such New Class A Units redeemed by DPA pursuant to the Reorganization Agreement (as defined herein) in connection with the IPO (including New Class A Units that may be exchanged by such Member if the underwriters exercise their over-allotment option in the IPO). “REORGANIZATION AGREEMENT” means that certain Reorganization Agreement, dated as of April 9, 2007, among DPA and the other parties named therein.

Remaining Units has the meaning set forth in Section 11.6(b).

Remaining Units means the units that are not subscribed to under the offering subject matter of these Terms and Conditions.

Remaining Units has the meaning assigned to such term in the Unit Purchase Agreement, as if such Class B Units were issued and Outstanding on the Purchaser Class B Initial Funding Date and as such Class B Units are adjusted over time ending on the Purchaser Class B Final Funding Date pursuant to Sections 5.12(b)(ii) and 5.12(b)(ix). The purchase price for each Purchaser Class B Unit shall be the Class B Issue Price regardless of the number of Class B Units actually issued.

Remaining Units means at any time, (a) 100,000,000 Class B Units (plus the amount of any Additional Units if the Purchaser exercises the Upsize Option) minus (b) the aggregate number of Class B Units previously sold to and purchased by the Purchaser at the Initial Funding and any previous Follow-on Funding.

Remaining Units has the meaning ascribed to such term in the recitals to this Agreement.

Remaining Units has the meaning given it in Section 8.1(c). “Rimrock Member” means LP Investments I, LLC and its Affiliates. “ROFO Election Period” has the meaning given it in Section 8.1(a). “ROFO Offer Notice” has the meaning given it in Section 8.1(a). “ROFO Offer Price” has the meaning given it in Section 8.1(a). “ROFO Option Period” has the meaning given it in Section 8.1(b).