Bonus Units definition

Bonus Units means the Units issued, on distribution of the distributable income, in the form of a stock dividend.

Bonus Units means the Units issued instead of cash dividend on distribution of the distributable income.

Bonus Units means the Units issued instead of cash dividend, on distribution of the distributable income.

Examples of Bonus Units in a sentence

• Bonus Units or Awards granted hereunder shall be subject to such other terms and conditions as shall be determined by the Committee.

• Two years after the effective issuance of the Bonus Units the forfeiture and nontransferability restrictions on an additional one-third (1/3) (two-thirds (2/3) of the Bonus Units in total) terminate.

• One (1) year after the effective issuance of the Bonus Units, the forfeiture and nontransferability restrictions on one-third (1/3) of the Bonus Units terminate.

• The Accelerated Bonus shall be an amount equal to (i) the Vested Percentage determined in accordance with Section 3 hereof, multiplied by (ii) the Executive's Bonus Units as set forth in Section 5(b) hereof with the product so obtained multiplied by the Per Bonus Unit Price as hereinafter defined.

• The "Per Bonus Unit Price" shall mean an amount equal to the fair market value (as determined by an appraiser, selected by the Board, who is a member of a nationally recognized investment banking firm) of one share of AQM Common Stock, determined on a fully diluted basis and on the assumption that the total 231,216 Bonus Units awarded to all AQM directors and officers were actual issued and outstanding shares of AQM Common Stock.

More Definitions of Bonus Units

Bonus Units means the additional Units a Unitholder is entitled to receive in payment of a distribution equal to 5% of each distribution that was reinvested by the Unitholder under the terms of the DRIP;

Bonus Units means additional Units calculated and allocated in accordance with Clause 14.

Bonus Units means and includes, where the context so requires, a unit issued as fully paid-up bonus unit bycapitalising a part of the amount standing to the credit of the account of the reserves formed or otherwise in respect of this scheme.

Bonus Units has the meaning set forth in the Recitals.

Bonus Units means Bonus Units granted pursuant to this Plan. Each Bonus Unit represents a 1% interest in each of Bonus Amount A and Bonus Amount B, subject to adjustment as provided in the last sentence of Section 6.3 of the Plan. There shall be no more than 100 Bonus Units granted under the Plan.

Bonus Units means a number of Units equal to one and one half percent (1.5%) of the number of Units to be issued in respect of the Unit Value pursuant to the terms of the Unit Purchase Agreement. “Books and Records” has the meaning set forth in Section 2.01(k). “BP” shall mean BP Products North America, Inc. or any of its affiliates. “BP Remediation Agreement” shall mean that certain Release and Right of Entry Agreement, dated on or about December 29, 1998, between Amoco Oil Company (predecessor to BP) and Carbo Realty, as recorded with the deed to the property owned by Carbo Realty and located at 000 Xxxxxxx Xxxxxxxxx, Inwood, NY 11096, as amended by that certain Letter Agreement, dated as of June 18, 2013, by and between BP and the Sellers. “Business” has the meaning set forth in the recitals. “Business Day” means any day except Saturday, Sunday or any other day on which commercial banks located in the State of New York are authorized or required by Law to be closed for business. “Buyer” has the meaning set forth in the preamble. “Buyer Closing Certificate” has the meaning set forth in Section 7.03(g).

Bonus Units means additional Units calculated and allocated in accordance with Clause 12.