ESOP LP Units definition

ESOP LP Units means the 2,573,146 LP Units issued to Buckeye Pipe Line Services Company in connection with the transactions contemplated by the Exchange Agreement, regardless of whether such LP Units continue to be held by Buckeye Pipe Line Services Company.

Examples of ESOP LP Units in a sentence

  • For purposes of this Section 2.1, “LP Units” shall not include ESOP LP Units.

  • For purposes of this Section 2.1, "LP Units" shall not include ESOP LP Units.

Related to ESOP LP Units

  • 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.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • OP Units means units of limited partnership interest in the Operating Partnership.

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

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

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

  • Class A LP Units means the Class A limited partnership units of the Partnership.

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

  • 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.

  • Class A Common Units means the Company's Class A Common Units.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Unit Shares means the Common Shares comprising part of the Units;

  • 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.

  • Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”

  • 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.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

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

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

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

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Class B Common Shares means (x) the Company’s Class B Common shares, $0.002 par value per share, the terms of which may be designated by the board of directors of the Company in a certificate of designations and (y) any share capital into which such preferred shares shall have been changed or any share capital resulting from a reclassification of such preferred shares (other than a conversion of such preferred shares into Common Shares in accordance with the terms of such certificate of designations).