Alternative Unit definition

Alternative Unit means equity in a regulated investment company (mutual fund) or other investment other than a Common Unit.
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Examples of Alternative Unit in a sentence

  • For the purposes of this Agreement, a “phone call” in SHU, a SHU Alternative Unit or the Separate Keeplock Unit means at least 15 minutes of phone use time, exclusive of the time needed to escort the inmate to or from the phone and without limitation to the number of calls an inmate may make within that 15 minutes.

  • If Parent Stockholder Approval has been obtained, at the Partnership’s option, the Partnership may exchange an OP Unit for each Alternative Unit outstanding.

  • Name The full title of Curtin Unit Credit Value Eg. 25CP Alternative Unit (if applicable) List all alternative units for this line in this format (eg Exempt – ACCT1000 – Introduction to Accounting – 25CP) Code Name The full title of the Prior Learning (eg.

  • If Parent Stockholder Approval has been obtained, future ordinary distributions per Alternative Unit shall equal the ordinary distributions per OP Unit and each holder of Alternative Units will have the right at any time after the one-year anniversary of the closing of the Merger, at such holder’s option, to exercise redemption rights with regard to the Alternative Units substantially in accordance with those provided in Section 8.6 of the Partnership Agreement.

  • In the event that Parent Stockholder Approval has not been obtained prior to June 30, 2008, ordinary distributions per Alternative Unit payable after June 30, 2008 shall be increased to 105% of the ordinary distributions per OP Unit payable after June 30, 2008.

  • When Widget users provide Alternative Unit IDs for CEDRI, the two best options for those matching to the EIS are: (1) the Responsible Agency Unit ID or (2) the EIS ID.

  • In addition, the Contractor shall allow the Lessee access to the Alternative Unit for planning purposes, as of the signing of this contract.

  • In the event that the Parent Stockholder Approval has not been obtained prior to June 30, 2010, ordinary distributions per Alternative Unit payable after June 30, 2010 shall be increased to 115% of the ordinary distributions per OP Unit payable after June 30, 2010.

  • If the Parent Stockholder Approval has been obtained, at the Operating Partnership’s option, the Operating Partnership may exchange an OP Unit for each Alternative Unit outstanding.

  • The employees shall be responsible for laundering their own uniforms and aprons.

Related to Alternative Unit

  • Cooperative Unit A single family dwelling located in a Cooperative Property.

  • Administrative unit Means an administrative unit established under the Public Sector Act 2009 and includes an administrative unit established while this Enterprise Agreement remains in force;

  • Eligible Unit means, as of the time any Liquidating Gain is available to be allocated to an LTIP Unit or a Performance Unit, an LTIP Unit or Performance Unit to the extent, since the date of issuance of such LTIP Unit or Performance Unit, such Liquidating Gain when aggregated with other Liquidating Gains realized since the date of issuance of such LTIP Unit or Performance Unit exceeds Liquidating Losses realized since the date of issuance of such LTIP Unit or Performance Unit, as applicable.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • Class B Investor Interest means, on any date of determination, an amount equal to (a) the Class B Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Transfer Dates pursuant to subsection 4.10(b), minus (d) the amount of the Reallocated Class B Principal Collections allocated pursuant to subsection 4.12(a) on all prior Transfer Dates for which the Collateral Interest Amount has not been reduced, minus (e) an amount equal to the amount by which the Class B Investor Interest has been reduced on all prior Transfer Dates pursuant to subsection 4.10(a) and plus (f) the aggregate amount of Excess Spread allocated and available on all prior Transfer Dates pursuant to subsection 4.11(d) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Investor Interest may not be reduced below zero.