apartment unit means any residential dwelling 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;
Placement Units shall have the meaning given in the Recitals hereto.
LLC Units has the meaning set forth in the LLC Agreement.
OP means open pit and “UG” means underground.
Private Placement Units shall have the meaning given in the Recitals hereto.
Initial Common Units means the Common Units sold in the Initial Offering.
Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.
Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.
Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.
public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:
Management Unit means an area established by the Commission for management purposes.
General Partner Units has the meaning assigned to such term in the Partnership Agreement.
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.
Apartment shall have the meaning ascribed to it in Recital H;
Company Units has the meaning set forth in the Recitals.
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.
Partnership Units or “Units” has the meaning provided in the Partnership Agreement.
Apartment Dwelling means any dwelling unit within a building containing more than four dwelling units where the units are connected by an interior corridor;
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.
Common Units is defined in the Partnership Agreement.
Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."
OP Units means units of limited partnership interest in the Operating Partnership.
Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.
Private Units means (x) the Units purchased in the private placement taking place simultaneously with the consummation of the Company’s IPO and (y) the additional Units that may be purchased in connection with the exercise of the over-allotment option by the underwriters in the IPO as described in the Registration Statement; (vi) “Registration Statement” means the registration statement on Form S-1 filed by the Company with respect to the IPO; and (vii) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.
General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.
Initial Limited Partners means the Organizational Limited Partner (with respect to the Common Units and Subordinated Units received by it pursuant to Section 5.2), the General Partner (with respect to the Incentive Distribution Rights) and the Underwriters, in each case upon being admitted to the Partnership in accordance with Section 10.1.