Existing Units definition

Existing Units has the meaning set forth in the recitals hereto.

Existing Units means the Units or other Company Equity Interests owned, either beneficially or of record, by the Covenanting Unitholder on the date of this Agreement.

Existing Units has the meaning set forth in the preamble of this Agreement.

Examples of Existing Units in a sentence

• Complete the form provided (form HUD-53233).Attachment 2: Existing Units, Occupancy, Vacancy.

• The Covenanting Unitholder is the record and beneficial owner of, and has good title to, the Existing Units, free and clear of any Liens, except as may be provided for in this Agreement.

• As of the date hereof, other than the Existing Units, the WMLP Incentive Distribution Rights, the WMLP GP Interest and the TexNew Mex Units, neither Unitholder is a Record Holder nor owns beneficially any (i) units or voting securities of WMLP, (ii) securities of WMLP convertible into or exchangeable for units or voting securities of WMLP or (iii) options or other rights to acquire from WMLP any units, voting securities or securities convertible into or exchangeable for units or voting securities of WMLP.

• Where such matters have already been identified by the institution and are being addressed this should be acknowledged, though the panel may wish to comment on whether the action being taken is likely to resolve the problem.

• The New Units issued pursuant to the Private Placement will, upon issue, rank pari passu in all respects with the Existing Units, other than in respect of the Advanced Distribution.

More Definitions of Existing Units

Existing Units means all Partnership Common Units owned, either beneficially or of record, by the Sponsor Parties, or an Affiliate thereof, on the date of this Agreement.

Existing Units means those Units included in the DMG System.

Existing Units shall have the meaning set forth in Section 5.2(a). In the event of a unit split, unit distribution, or any change in the Common Units by reason of any split-up, reverse unit split, recapitalization, combination, reclassification, exchange of units or the like, the term “Existing Units” shall be deemed to refer to and include such units as well as all such unit distributions and any securities into which or for which any or all of such units may be changed or exchanged or which are received in such transaction.

Existing Units has the meaning set forth in the recitals of this Agreement.

Existing Units means WEPCO’s existing four coal-based electric generating units and one oil-based electric generating unit and related facilities at its Oak Creek generating facility, including any improvements thereto, other than the Existing Common Facilities, and any replacement or additional units installed on the site now occupied by the Existing Units, other than the New Units.

Existing Units means all Partnership Common Units and Series A Preferred Units owned, either beneficially or of record, by Unitholder or Caribou Midstream on the date of this Agreement.

Existing Units shall have the meaning given to such term in the Recitals to the Facility Lease.