First Units definition

First Units has the meaning set out in the Parent Articles of Incorporation.
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First Units means the First Units which may be issued upon a redemption of the First Preferred Shares.
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First Units means the first units of the Corporation to be issued pursuant to that certain First Unit Indenture dated the date hereof between the Corporation and the Trustee as trustee thereunder;
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Examples of First Units in a sentence

  • No Option Units shall be delivered unless all First Units shall have been delivered to the Underwriter as provided herein.

  • If no such underwriter or underwriters shall have been substituted as aforesaid, within such twenty-four hour period, the time of delivery of the First Units may, at the option of the Company, be again extended to the next following business day, if necessary, to allow the Company the privilege of finding within twenty-four hours (including nonbusiness hours) another underwriter or underwriters to purchase the First Units which the defaulting Underwriter or Underwriters agreed but failed to purchase.

  • The option granted hereunder may be exercised only to cover over-allotments in the sale by the Underwriter of First Units referred to in subsection (a) above.

  • If such remaining Underwriters do not, at the First Closing Date, take up and pay for the First Units which the defaulting Underwriter or Underwriters agreed but failed to purchase, the time for delivery of the First Units shall be extended to the next business day to allow the several Underwriters the privilege of substituting within twenty-four hours (including nonbusiness hours) another underwriter or underwriters satisfactory to the Company.

  • If in the event of a default by one or more Underwriters and the remaining Underwriters shall not take up and pay for all the First Units agreed to be purchased by the defaulting Underwriters or substitute another underwriter or underwriters as aforesaid, the Company shall not find or shall not elect to seek another underwriter or underwriters for such First Units as aforesaid, then this Agreement shall terminate.

  • Since the net proceeds received from the issuance of the common shares attached to the First Units equaled the closing trading value at the date authorized by the Board of Directors, the warrants were allocated nil value, as outlined below.

  • The number of Option Units to be purchased by each Underwriter, if any, shall bear the same percentage to the total number of Option Units being purchased by the several Underwriters pursuant to this subsection (b) as the number of Units such Underwriter is purchasing bears to the total number of the First Units being purchased pursuant to subsection (a) of this Section 2, as adjusted, in each case by the Representative in such manner as the Representative may deem appropriate.

  • The Option granted hereunder may be exercised only to cover over-allotments in the sale by the Underwriter of First Units referred to in subsection (a) above.

  • The option granted hereunder may be exercised only to cover overallotments in the sale by the Underwriters of First Units referred to in subsection (a) above.

  • The First Units shall consist of 1,200,000 Units to be purchased from the Company.


More Definitions of First Units

First Units means a unit of the Company, comprised of one Common Share and one First Offering Warrant.
Sample 1

Related to First Units

  • Trust Units means units of the Trust;

  • Common Units is defined in the Partnership Agreement.

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

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

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

  • 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.

  • Placement Units shall have the meaning given in the Recitals hereto.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

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

  • 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.

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

  • Incentive Shares means Shares awarded pursuant to the provisions of Article 12.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Founders means all Members immediately prior to the consummation of the IPO.

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

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • 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.

  • BRS means Behavior Rehabilitation Services.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • Coop Shares Shares issued by a Cooperative Corporation.

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

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