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

  • Developer shall replace each of the 1,538 Existing Units with a new unit on a one-for-one basis with a Replacement Unit located in a new residential building (each, a “Replacement Building”).


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.