Dissenting Unitholder definition

Dissenting Unitholder means a Trust Unitholder who does not accept an Offer referred to in Section 14.7(d) and includes any assignee of the Trust Unit of a Unitholder to whom such an Offer is made, whether or not such assignee is recognized under this Declaration of Trust;

Dissenting Unitholder means a Unitholder who does not accept an Offer referred to in Subsection (b) and includes any assignee of the Trust Unit of a Unitholder to whom such an Offer is made, whether or not such assignee is recognized under this Indenture;

Dissenting Unitholder means a Unitholder who does not accept a Recommended Offer referred to in subsection (b) and includes any assignee of the Unit of a Unitholder to whom such a Recommended Offer is made, whether or not such assignee is recognized under this Declaration of Trust;

Examples of Dissenting Unitholder in a sentence

• A Dissenting Unitholder to whom an Offeror’s Notice is sent pursuant to Section 14.7(d), shall, within 21 days after the sending of the Offeror’s Notice, send his or her Unit Certificate(s) (or, in the case of Exchangeable Securities, the certificates representing such Exchangeable Securities) to the Trust, duly endorsed for transfer, if such certificate has been provided.

• If the Trust is the offeror, the Trustees are deemed to hold in trust for the Dissenting Unitholders the cash or other consideration that the Trust would otherwise have had to pay or transfer to a Dissenting Unitholder under Section 14.7(f), but such cash or other consideration shall not form any part of the Trust’s property.

• A Dissenting Unitholder to whom an Offeror's Notice is sent pursuant to Subsection 13.2(c), shall, within 21 days after the sending of the Offeror's Notice, send his or her Trust Unit Certificate(s) to the Trust, duly endorsed for transfer, if such certificate has been provided.

• Each Dissenting Unit held by a Dissenting Unitholder described in section 4.1(a) of the Plan of Arrangement shall be redeemed by the REIT in exchange, subject to section 3.9 of the Plan of Arrangement, for a debt claim against the REIT for the amount determined under Article 4 of the Plan of Arrangement, and each such Unit shall be cancelled.

• A Dissenting Unitholder to whom an Offeror’s Notice is sent pursuant to Section 13.6(3), shall, within 21 days after the sending of the Offeror’s Notice, send his, her or its Unit Certificate(s) to the Fund, duly endorsed for transfer.

More Definitions of Dissenting Unitholder

Dissenting Unitholder means a Unitholder who does not accept an Offer referred to in Subsection (b) and includes any assignee of the Unit of a Unitholder to whom such an Offer is made, whether or not such assignee is recognized under this Indenture;

Dissenting Unitholder means a Unitholder of the applicable class who does not accept an Offer referred to in Section 3.25(b);

Dissenting Unitholder means a registered holder of BPY Units who dissents in respect of the BPY Resolution in strict compliance with the Dissent Rights and who is ultimately entitled to be paid fair value for its BPY Units;

Dissenting Unitholder means a registered holder of Units who has validly exercised its Dissent Rights and has not withdrawn such exercise of Dissent Rights prior to the Effective Time.

Dissenting Unitholder means a Unitholder who has duly exercised its Dissent Rights and has not withdrawn or been deemed to have withdrawn such exercise of Dissent Rights, but only in respect of the Units in respect of which such Dissent Rights are validly exercised by such Unitholder;

Dissenting Unitholder means a Registered Unitholder who has duly exercised his, her or its Dissent Rights and has not withdrawn or been deemed to have withdrawn such exercise of Dissent Rights.

Dissenting Unitholder means a registered holder of a REIT Unit who has duly and validly exercised a Dissent Right and has not withdrawn or been deemed to have withdrawn such exercise of a Dissent Right, but only in respect of a REIT Unit in respect of which a Dissent Right has been duly and validly exercised by such registered holder of a REIT Unit;