Canetic Units definition

Canetic Units means ordinary trust units of Canetic Trust;
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Canetic Units means the trust units of Canetic;
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Examples of Canetic Units in a sentence

  • For the purpose of determining the amount of public access, the highest standard applicable to a #zoning lot# may be applied regardless of any specific #use# permitted or proposed for such #zoning lot#.

  • In addition, Canetic will declare a special cash distribution of $0.09 per Canetic Unit payable to holders of Canetic Units on or preceding the effective date of the Transaction.

  • A commenter questioned whether use of the CHOC and the Emergency Financial Committee would ensure member input is considered.

  • The Transaction shall be completed in a manner which results in a tax-deferred exchange of Canetic Units for Penn West Units for Canadian and United States income tax purposes.

  • To be completed only if the certificate(s) for the Canetic Units, TriStar Common Shares and TriStar Arrangement Warrants are NOT to be issued in the name of the undersigned.

  • Penn West and Canetic, acting reasonably and in good faith, shall negotiate and enter into an agreement ("Transaction Agreement") as soon as reasonably practicable and in any event by December 10, 2007 to implement the Transaction to provide for the merger of Penn West and Canetic and the issue and distribution of Penn West Units and the payment of the Special Distribution to holders of Canetic Units ("Canetic Unitholders") on the basis described in paragraph 1.

  • Pursuant to the Arrangement, holders of Canetic Units received 0.515 of a Penn West trust unit (“Penn West Unit”) for each one (1.0) Canetic Unit held.

  • It may be established for fiscal purposes (conveyancing), to assist in the management of land and land use (e.g. for planning and other administrative purposes), and enables sustainable development and environment protection (FIG, 1995)".

  • The exchange of Canetic Units for Penn West Units pursuant to the Arrangement should generally not give rise to any capital gain or capital loss to Canetic Unitholders under Canadian federal income tax laws and is intended to qualify as a tax-free reorganization under U.S. federal income tax laws.

  • If the space on this Letter of Transmittal and Election Form is insufficient to list all certificates for Canetic Units, additional certificate numbers and the number of Canetic Units represented thereby may be included on a separate signed list affixed to this Letter of Transmittal and Election Form.

Related to Canetic Units

  • 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.

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

  • Membership Units means the units into which the ownership interests of the Members in the Company are divided, including such Member’s Economic Interest and the right of such Member to any and all benefits to which such Member may be entitled as provided in this Agreement or under the Act, together with the obligation of such Member to comply with all of the provisions of this Agreement and of the Act.

  • 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.

  • 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.

  • Common Units means common units representing limited partner interests in the Partnership.

  • Covered Units means, with respect to each Unitholder, such Unitholder’s Existing Units, together with any WMLP Common Units that such Unitholder becomes the Record Holder or beneficial owner of on or after the date hereof.

  • 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.

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

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

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Membership Interests has the meaning set forth in the recitals.

  • 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.

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

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

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

  • Private Units means the Units certain of the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

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

  • 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.

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

  • 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.

  • Membership Rights means all of the rights of a Member in the Company, including a Member’s: (a) Interest; (b) right to inspect the Company’s books and records; (c) right to participate in the management of and vote on matters coming before the Company; and (d) unless this Operating Agreement or the Certificate of Formation provide to the contrary, right to act as an agent of the Company.