Eligible Unitholder definition

Eligible Unitholder means a Unitholder or potential Unitholder who is eligible to invest in the appropriate Class.
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Eligible Unitholder means a person eligible to invest and remain invested in the Fund (as determined by the Responsible Entity from time to time or as disclosed in any Product Disclosure Statement). Formatted: Font: Bold
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Eligible Unitholder means a Resident Unitholder who is not exempt from tax under Part I of the Tax Act or a Unitholder that is a "Canadian partnership" (as defined in the Tax Act) where one or more of its members is not exempt from such tax;
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Examples of Eligible Unitholder in a sentence

  • If you are an Eligible Unitholder and you allow your Entitlement to lapse, then you will not realise any value for your Entitlement and your percentage holding in the Trust will be diluted.

  • Ineligible Unitholders• A Unitholder who does not satisfy the Eligible Unitholder criteria above will be classified as an Ineligible Unitholder and will not be invited to apply for New Units under the Entitlement Offer.

  • To qualify to participate in the Entitlement Offer, a Unitholder must be an Eligible Unitholder.

  • The Responsible Entity may (in its absolute discretion) extend the Entitlement Offer to any Unitholder in other foreign jurisdictions (subject to compliance with applicable laws).The Responsible Entity, in its absolute discretion, reserves the right to determine whether a Unitholder is an Eligible Unitholder and is therefore able to participate in the Entitlement Offer, or an Ineligible Unitholder and is therefore unable to participate in the Entitlement Offer.

  • Your EntitlementThe Entitlement of each Eligible Unitholder is set out on their personalised Entitlement and Acceptance Form that accompanies this PDS and has been calculated as 1 New Unit for every 2 existing Units held on the Record Date.

  • This means that if Eligible Unitholders elect to participate, Eligible Unitholders must specify the minimum Tender Offer Consideration they would be willing to receive in exchange for each Unit the Eligible Unitholder chooses to tender in the Tender Offer.

  • Whether and to what extent Eligible Unitholders’ tendered Units are accepted for purchase in the Tender Offer will depend upon how the Tender Price specified by such Eligible Unitholder compares to Tender Prices specified by other Eligible Unitholders.

  • Regardless, it is the sole responsibility of the Eligible Unitholder to determine the maximum level of New Units they can apply for.

  • If you are an Eligible Unitholder and you do nothing, the Entitlement Offer will lapse in respect of your Units.

  • In the case of an Eligible Unitholder who has accepted the provisional allotment of New Units and (if applicable) applied for Excess New Units by way of an ARE and also by way of an Electronic Application, the Manager and/or CDP shall be authorised and entitled to accept his instructions in whichever mode or combination as the Manager and/or CDP may, in their absolute discretion, deem fit.


More Definitions of Eligible Unitholder

Eligible Unitholder or 'Unitholder' means a person registered as a security holder on the Record Date applicable to the ETF/Active ETF Distribution Period and has a registered address in Australia or New Zealand.
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Eligible Unitholder means a Unitholder that delivers a valid and appropriate Notice of Election to Exercise in connection with an Accelerated Put.
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Related to Eligible Unitholder

  • Eligible Unit means, as of the time any Liquidating Gain is available to be allocated to an LTIP Unit or a Performance Unit, an LTIP Unit or Performance Unit to the extent, since the date of issuance of such LTIP Unit or Performance Unit, such Liquidating Gain when aggregated with other Liquidating Gains realized since the date of issuance of such LTIP Unit or Performance Unit exceeds Liquidating Losses realized since the date of issuance of such LTIP Unit or Performance Unit, as applicable.

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Unit Holder means a person holding units in the scheme of the Mutual Fund.

  • Participant has the meaning specified in Section 10.06(d).

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Deferred member means a person who elected to receive deferred vested retirement

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Voting Participant has the meaning specified in Section 10.06(d).

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Eligible Member means an employee who is enrolled in one of the designated benefits plans for which you offer participation in the wellness incentive program prior to the end of the first six months of the policy year and who remains enrolled in one of the designated benefits plans at the end of the policy year. Eligible Member also means the employee’s dependents to the extent that dependents are eligible to participate in the Blue Cross and Blue Shield wellness incentive program.) To qualify for a group wellness incentive award, you must meet the following program participation conditions: • You are a group eligible to offer the program as determined by Blue Cross and Blue Shield; and • You elect to offer the Blue Cross and Blue Shield wellness incentive program to your Members who are eligible to participate in the program at the start of your policy year and you continue the program for eligible Members through the end of the policy year; and • At least 20% of your Members who are eligible for the program must participate in the program during the policy year in which you offer the wellness incentive program; and • This Agreement is not be terminated before the end of the policy year in which you offer the wellness incentive program. When you offer a Blue Cross and Blue Shield wellness incentive program, Blue Cross and Blue Shield will determine if you qualify for a group incentive award within 90 days after the end of the policy year. Your group wellness incentive award will be calculated as a percentage of the total medical insurance premium you paid for the policy year for benefits plans for which you offer wellness incentive program participation, excluding any premium payments that are received by Blue Cross and Blue Shield after the end of the policy year. The percentage used to calculate your wellness incentive award will vary depending on how many of your eligible Members participate in the program during the policy year as follows: 1.25% when 20% to 49% of eligible Members participate; or 2.5% when 50% to 79% of eligible Members participate; or 7.5% when 80% to 100% of eligible Members participate. For the purpose of calculating your group wellness incentive award, an eligible Member who earns his or her individual maximum member wellness incentive payment in the policy year is considered to have participated in the program for that policy year. If you qualify for a group incentive award, Blue Cross and Blue Shield will issue the incentive amount to you (by means of a credit and/or a check) once the incentive amount has been calculated. You are solely responsible for determining whether you have any obligation to distribute all or part of your group wellness incentive award to your employees, or to credit a portion of your group wellness incentive award toward their benefits, or otherwise to notify them of your group wellness incentive award. You agree to indemnify and hold Blue Cross and Blue Shield harmless from any and all actions that may be brought against you or Blue Cross and Blue Shield due to your failure to provide any required distribution of, credit, or notification about, your group wellness incentive award to your employees.

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • Non-U.S. Holder means a Holder that is not treated as a United States person for U.S. federal income tax purposes as defined under Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended from time to time.

  • Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Study Participant means a person recruited to participate in the Study.

  • Rollover Unit holder shall be defined as set forth in Section 5.05, herein."

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Key participant means a sole proprietor, a partner in partnership, or a person with executive managerial control in a corporation. A person with executive managerial control includes persons such as a chief executive officer, chief operating officer and chief financial officer. This definition does not include non-executive managers such as farm, field, or shift managers.