Assigned Units definition

Assigned Units has the meaning set forth in Section 5.1 of this Agreement.
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Assigned Units has the meaning ascribed to such term in the Contribution Agreement.
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Assigned Units means the utility-specific generating units that form the block of capacity from which the Entitlement was sold and that are listed on the Letter Confirmation (Exhibit CA) for the Transaction.
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Examples of Assigned Units in a sentence

  • Assignee hereby accepts all of Assignor’s right, title and interest in and to the Assigned Units free and clear of all Liens, and assumes all of Assignor’s duties, obligations and liabilities arising with respect to the Assigned Units.

  • Assignor hereby assigns, conveys, transfers and delivers to Assignee, upon and effective from and after the date hereof, all of Assignor’s right, title and interest in and to the Assigned Units, free and clear of all Liens.

  • At the Closing, the Company will deliver to such Permitted Assignees the certificates representing the Assigned Units.

  • Buyer does not, by purchasing an Entitlement, acquire any possessory interest in the Assigned Units for that Entitlement, and the possessory owner of those Assigned Units has no obligation to the Buyer with regard to those Assigned Units.

  • If all of the Assigned Units for a particular Entitlement are on Forced Outage simultaneously, or if an emergency condition prevents or restricts the ability of Seller to dispatch a particular Entitlement, then the Entitlement may be reduced in proportion to the percentage reduction of all of the Assigned Units for that Entitlement; provided that such reductions in availability of an Entitlement in one month may not exceed 2% of the total monthly electric energy available from that Entitlement.

  • The Customer must notify the Company immediately upon discovering any issue that could result in any damage, loss or harmwhatsoever to the Premises, the Assigned Units, and/or to any user, customer or other invitee who attends the Premises.

  • In the event of such an assignment, such Permitted Assignees will assume Buyer’s obligations under this Agreement in regards to the Assigned Units.

  • Each Permitted Assignee will pay to the Company at the Closing an amount equal to the product of the Per Unit Price and the number of Assigned Units to be purchased by such Permitted Assignee, and will be bound by the restrictions imposed on the Assigned Units by this Agreement, including the restrictions set forth in Section 5.2 hereof.

Related to Assigned Units

  • Unvested Units means any Executive Units which are not Vested Units.

  • 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.

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

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

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • 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.

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

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Membership Units means membership interests in the Company.

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • 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:

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

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Net Shares means the number of shares of Common Stock which will be deposited in a brokerage account in the Grantee’s name at the Company’s designated broker after shares have been withheld to satisfy applicable tax and withholding requirements upon vesting of the Restricted Stock Units.

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

  • 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.