Examples of Deferred Units in a sentence
As disclosed in the 2012 Announcement, pursuant to the Indebtedness Agreement, the balance of the consideration for the Assignment (being HK$2,933,121,976 as at the date of the 2012 Announcement) would be satisfied by the issuance of Units to YXP Nominee on 31 December of each year, commencing from 31 December 2016, as Deferred Units.
Taking into account the dilution to the net assets attributable to Unitholders per Unit upon the issuance of the 2020 Deferred Units which will affect all Unitholders including the Group, it is estimated that the Group’s existing interest in the REIT will recognise a loss of approximately RMB22.94 million (HK$26.99 million), subject to audit, from such dilution effect.
The Participant shall have only the rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Deferred Units, and rights no greater than the right to receive the Common Units as a general unsecured creditor with respect to Deferred Units, as and when payable hereunder.
Parties Company (as assignor) Yuexiu Capital (as assignee) Subject matter Pursuant to the Assignment Agreement, the Company agreed to assign and transfer absolutely as beneficial owner to Yuexiu Capital, and Yuexiu Capital agreed to accept, all of the Company’s rights, title, interest and benefits in and to the 2020 Deferred Units.
The Husband acknowledges that the 20___ Deferred Units and the 20___ Deferred Units have already vested and that he has not sold or otherwise transferred them and that they are currently in his ___________ Account.