Examples of Award Unit in a sentence
The Redemption Notice shall specify the number of Units (the “Redeemed Units”) that the Redeeming Partner intends to have the Partnership redeem; provided that a Redemption Notice may be conditioned by the Redeeming Partner on the closing of an underwritten distribution of the shares of Class A Common Stock that may be issued in connection with such proposed Redemption; provided, further, that an Award Unit may not be redeemed unless it is a Vested Unit.
Award Level Award level is defined as; Bronze, Silver or Gold Award Unit An agency or organisation that has been issued a license and responsibility for operating the Award programme within their organisation, company, school, college, club or youth group and registering Participants on the Online Record Book (ORB).