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.
LLC Units has the meaning set forth in the LLC Agreement.
Common Units is defined in the Partnership Agreement.
Offered Units shall have the meaning set forth in Section 11.1 hereof.
Initial Common Units means the Common Units sold in the Initial Offering.
Class B Units means the Class B Units of the Company.
General Partner Units has the meaning assigned to such term in the Partnership Agreement.
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.
Placement Units shall have the meaning given in the Recitals hereto.
Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.
Tendered Units shall have the meaning set forth in Section 8.6.A.
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.
OP Units means units of limited partnership interest in the Operating Partnership.
Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.
Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;
Issuer-Represented Limited-Use Free Writing Prospectus means any Issuer-Represented Free Writing Prospectus that is not an Issuer-Represented General Free Writing Prospectus. The term Issuer-Represented Limited-Use Free Writing Prospectus also includes any “bona fide electronic road show,” as defined in Rule 433 under the Securities Act, that is made available without restriction pursuant to Rule 433(d)(8)(ii), even though not required to be filed with the Commission.
General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.
LLC Unit means a common limited liability interest in the Company.
LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.
Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;
Redeemed Units has the meaning set forth in Section 11.01(a).
Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.
Partnership Units or “Units” has the meaning provided in the Partnership Agreement.
Class D Units has the meaning ascribed to such term in the LLC Agreement.
Age-restricted unit means a housing unit designed to meet the needs of, and exclusively for, the residents of an age-restricted segment of the population such that: 1) all the residents of the development wherein the unit is situated are 62 years of age or older; or 2) at least 80 percent of the units are occupied by one person who is 55 years of age or older; or 3) the development has been designated by the Secretary of the U.S. Department of Housing and Urban Development as “housing for older persons” as defined in Section 807(b)(2) of the Fair Housing Act, 42 U.S.C. § 3607.
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.