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I-Units definition

I-Units has the meaning assigned to it in the Partnership Agreement.
Sample 1Sample 2Sample 3
I-Units has the meaning set forth in the KMP Partnership Agreement.
Sample 1Sample 2Sample 3
I-Units has the meaning set forth in the Company Agreement.
Sample 1Sample 2

Examples of I-Units in a sentence

  • Except with respect to I-Units, no fractional Units shall be issued by the Partnership.

  • Both the effective start and expiration date will be negotiated between the grant Recipient and the Ecology Project Team after the application is submitted.

  • The creation of additional fractional I-Units pursuant to this Section 5.10(b) will not result in any adjustment to the aggregate Capital Account of each holder of I-Units.

  • The foregoing amounts of Available Cash shall be distributed by the Partnership in respect of the General Partner’s Partnership Interest, except that the Partnership shall retain out of the amount to be distributed by the Partnership in respect of the General Partner’s Partnership Interest an amount equal to 2% of the quotient obtained by dividing (i) the Available Cash retained by the Partnership in respect of the I-Units pursuant to this Section 5.5(a) by (ii) 98%.

  • The foregoing amounts of Available Cash shall be distributed by the Partnership in respect of the General Partner’s Partnership Interest, except that the Partnership shall retain out of the amount to be distributed by the Partnership in respect of the General Partner’s Partnership Interest an amount equal to 2% of the quotient obtained by dividing (i) the Available Cash retained by the Partnership in respect of the I-Units, pursuant to this Section 5.7 by (ii) 98%.

  • The Company or the Board of Directors shall submit to the vote of the Record Holders of Listed Shares entitled to vote any matter on which the Company is entitled to vote as a record holder of I-Units in order to ascertain the manner in which such I-Units shall be voted.

  • As of August 7, 2014, the Partnership had issued and outstanding 325,113,505 Common Units, 5,313,400 Class B Units, and 131,281,766 I-Units (collectively, the “Outstanding Units”).

  • The foregoing amounts of Available Cash shall be distributed by the Partnership in respect of the Common Units and retained by the Partnership in respect of the I-Units.

  • All of the outstanding Class A Common Units, Class B Common Units, Class E Units, Class F Units, I-Units, and the limited partner interests represented thereby, have been duly authorized and validly issued in accordance with the Partnership Agreement and are fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-303, 17-607 and 17-804 of the DRULPA and the Partnership Agreement).

  • If there is a sale, exchange, redemption or other disposition of I-Units owned by Management or a complete or partial liquidation of the MLP, the cash received by Management pursuant thereto will be sufficient to satisfy any Tax payable by Management as a result of such sale, exchange, redemption, liquidation or other disposition.


More Definitions of I-Units

I-Units has the meaning assigned to it ix xxx Xxxxxership Agreement.
Sample 1

Related to I-Units

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

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

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

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

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

  • 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.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.

  • Common Units is defined in the Partnership Agreement.

  • 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.

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

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • 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.

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

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

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

  • 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.

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

  • Covered Units means, with respect to each Unitholder, such Unitholder’s Existing Units, together with any WMLP Common Units that such Unitholder becomes the Record Holder or beneficial owner of on or after the date hereof.

  • Tendered Units shall have the meaning set forth in Section 8.6.A.

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

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

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

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

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

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Most Referenced Definitions