Broker Unit definition

Broker Unit has the meaning ascribed thereto in Section 14 of this Agreement; “Broker Unit Shares” has the meaning ascribed thereto in Section 14 of this Agreement;
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Broker Unit has the meaning ascribed to such term in Section 14 hereof;
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Broker Unit has the meaning ascribed thereto in the opening paragraphs of this Agreement;
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Examples of Broker Unit in a sentence

  • The Broker Warrants have been duly authorized for issuance pursuant to this Agreement and the maximum number of Broker Unit Shares and Broker Shares issuable upon due exercise of the Broker Warrants and Broker Unit Warrants, respectively, have been duly authorized for issuance upon due exercise of such Broker Warrants and Broker Unit Warrants and, when so issued, will be validly issued, fully paid and non-assessable.

  • Compensation Warrant will entitle the holder thereof to acquire one Broker Unit at a price equal to the Unit Issue Price for a period of 24 months following the Closing Date, pursuant to the terms of the Compensation Warrant Certificates.

  • Each Broker Unit Warrant shall entitle the holder thereof to acquire one Common Share (a "Broker Unit Warrant Share") at an exercise price of $0.36 per Broker Unit Warrant Share until the date which is 36 months following the Closing Date, subject to adjustment in certain events.

  • The Broker Unit Warrant Shares, upon issuance in accordance with the terms of Broker Unit Warrant Certificates, and when paid for, shall be duly issued as fully paid and non- assessable Common Shares and shall have the attributes corresponding to the description thereof set forth in this Agreement and the Broker Unit Warrant Certificates.

  • Odyssey Trust Company has been duly appointed as warrant agent in respect of the Warrants, Broker Warrants and the Broker Unit Warrants, and as Trustee, in respect of the Debentures.

  • The Unit Warrants and Broker Unit Warrants have been duly authorized for issuance and sale pursuant to this Agreement and the Warrant Indenture, and the maximum number of Common Shares issuable upon due exercise of the Unit Warrants and Broker Unit Warrants have been duly authorized for issuance upon due exercise of such Warrants in accordance with the terms of the Warrant Indenture and, when so issued, will be validly issued, fully paid and non-assessable.

  • As additional compensation, the Corporation agrees to issue to the Underwriters that number of non-transferable Broker Unit purchase warrants (the “Compensation Warrants”) entitling the Underwriters to purchase such number of Broker Units as is equal to 6.0% of the aggregate number of Units and the Additional Securities, if any, sold under the Offering, each Broker Unit consisting of one Common Share (a “Broker Unit Share”) and one half of one Warrant (a “Broker Unit Warrant”).

  • The holders of the Unit Warrants and Broker Unit Warrants are entitled to the benefit of the Warrant Indenture (subject to the terms of the Warrant Indenture), and no registration, filing or recording of, or with respect to, the Warrant Indenture is necessary in order to preserve or protect the validity or enforceability of the Warrant Indenture or the Unit Warrants and the Broker Unit Warrants issued under the Warrant Indenture.

  • The Corporation will ensure that upon their issuance in accordance with the terms of the Broker Warrants and payment therefor, the Broker Units shall be duly and validly issued as Broker Unit Warrants and Broker Unit Shares.

  • The Company will ensure that the Broker Unit Warrants shall be duly and validly created, authorized and issued and shall have the attributes corresponding to the description thereof set forth in this Agreement and the Broker Warrant Certificates.


More Definitions of Broker Unit

Broker Unit means the Units issuable upon exercise of Broker Warrants;
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Broker Unit means a unit consisting of one Common Share (a “Broker Share”) and one half of one Warrant (a “Broker Warrant”);
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Broker Unit has the meaning given to it in Section 11;‌‌
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Broker Unit means the Unit issuable upon exercise of the Broker Warrants; “Broker Unit Share” means the Unit Share comprising part of the Broker Unit; “Broker Unit Warrant” means the Warrant comprising part of the Broker Unit;
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Broker Unit means the unit comprised of the Broker Shares and the Broker Unit Warrants issuable upon the exercise of the Broker Warrants;
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Broker Unit shall have the meaning ascribed to it above;
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Related to Broker Unit

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • Fractional Undivided Interest Means the fractional undivided interest in the Trust that is evidenced by a Certificate.

  • Unit Share means a Common Share comprising part of each Unit;

  • Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Assisted Unit means a Unit that is subject to the Program’s rent and/or occupancy restrictions as a result of the financial assistance provided by the Program, as specified in the Regulatory Agreement.

  • Management Unit means an area established by the Commission for management purposes.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • 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;

  • Termination Delivery Unit means (a) in the case of a Termination Event, an Event of Default or an Extraordinary Event (other than an Insolvency, Nationalization, Merger Event or Tender Offer), one Share or (b) in the case of an Insolvency, Nationalization, Merger Event or Tender Offer, a unit consisting of the number or amount of each type of property received by a holder of one Share (without consideration of any requirement to pay cash or other consideration in lieu of fractional amounts of any securities) in such Insolvency, Nationalization, Merger Event or Tender Offer. If a Termination Delivery Unit consists of property other than cash or New Shares and Counterparty provides irrevocable written notice to the Calculation Agent on or prior to the Closing Date that it elects to deliver cash, New Shares or a combination thereof (in such proportion as Counterparty designates) in lieu of such other property, the Calculation Agent shall replace such property with cash, New Shares or a combination thereof as components of a Termination Delivery Unit in such amounts, as determined by the Calculation Agent in its discretion by commercially reasonable means, as shall have a value equal to the value of the property so replaced. If such Insolvency, Nationalization, Merger Event or Tender Offer involves a choice of consideration to be received by holders, such holder shall be deemed to have elected to receive the maximum possible amount of cash.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Family Unit means the Employee and his or her Dependents covered under the Plan.

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • LLC Unit means a common limited liability interest in the Company.

  • Per Unit Purchase Price equals $7.05, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Heat unit means a unit of energy equal to the product of the peak kilovoltage, milliamperes, and seconds, i.e., kVp x mA x second.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • 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.

  • NAV per Unit means the NAV of the Company divided by the number of Units then outstanding.

  • Commercial unit means such a unit of goods as by commercial usage is a single whole for purposes of lease and division of which materially impairs its character or value on the market or in use. A commercial unit may be a single article, as a machine, or a set of articles, as a suite of furniture or a line of machinery, or a quantity, as a gross or carload, or any other unit treated in use or in the relevant market as a single whole.

  • Diversion unit means any probation counselor who enters into