Independent Unitholders definition

Independent Unitholders means holders of Units, other than:

Independent Unitholders means holders of Voting Units, other than:

Independent Unitholders means Unitholder(s) other than those who have a material

Examples of Independent Unitholders in a sentence

• The SIC has granted this waiver subject to, inter alia, the Whitewash Resolution being approved by Independent Unitholders at an EGM.

• The Independent Financial Adviser has been appointed by the Manager to advise the Independent Board Committee, the Independent Unitholders and the Trustee as to whether the Transaction Matters Requiring Approval are fair and reasonable.

• Details of the New Hotel Lease Agreement and the Car Park Lease Agreement are set out in the Acquisition Circular and a separate waiver for the New Hotel Lease Agreement and the Car Park Lease Agreement will be sought from the Independent Unitholders.

• Great Eagle has agreed that it will abstain, and will procure each of the GE Entities to abstain, from voting at the EGM on the Ordinary Resolution to approve the 2016 Waiver Extension and Modification and the New Annual Caps, except pursuant to a proxy given by Independent Unitholders where a specific direction as to voting is given.

• Independent Unitholders may by Extraordinary Resolution at a general meeting terminate the Manager’s entitlement to make any further redemption offer under the Recurring Redemption Offer, and such Extraordinary Resolution has not taken place.

More Definitions of Independent Unitholders

Independent Unitholders means holders of outstanding Voting Units, other than Voting Units Beneficially Owned by (i) any Acquiring Person; (ii) any Offeror other than a Person who at the relevant time is deemed not to Beneficially Own such Voting Units by reason of Clause 1.1(e)(v) hereof, (iii) any Person acting jointly or in concert with such Acquiring Person or Offeror referred to in (ii); (iv) any Associate or Affiliate of such Acquiring Person or Offeror referred to in (ii); and (v) any employee benefit plan, deferred profit sharing plan and any similar plan or trust for the benefit of employees of the Trust unless the beneficiaries of the plan or trust direct the manner in which the Voting Units are to be voted or withheld from voting or direct whether the Voting Units are to be tendered to a Take-over Bid;

Independent Unitholders means holders of Trust Units of the Fund excluding (i) any Acquiring Person; or (ii) any Person (other than a Person referred to in clause 1.1(e)(B)) that is making or has announced a current intention to make a Take-over Bid for Trust Units of the Fund (including a Permitted Bid or a Competing Permitted Bid) but excluding any such Person if the Take-over Bid so announced or made by such Person has been withdrawn, terminated or, expired; or (iii) any Affiliate or Associate of such Acquiring Person or a Person referred to in clause (ii); or (iv) any Person acting jointly or in concert with such Acquiring Person or a Person referred to in clause (ii); or (v) a Person who is a trustee of any employee benefit plan, Trust Unit purchase plan, deferred profit sharing plan or any similar plan or trust for the benefit of employees of the Fund or a Subsidiary of the Fund, unless the beneficiaries of the plan or trust direct the manner in which the Trust Units are to be voted or direct whether the Trust Units are to be tendered to a Take-over Bid.

Independent Unitholders. ’ means Unitholders other than Huge Harvest and the

Independent Unitholders means Unitholders other than the Sponsor, parties acting in concert with the Sponsor and parties which are not independent of the Sponsor.

Independent Unitholders means Unitholders other than those who have a material

Independent Unitholders means all holders of Voting Units, other than: (i) an Acquiring Person; (ii) any offeror making a take-over bid; (iii) any affiliate or associate of an Acquiring Person or offeror; (iv) persons acting “jointly or in concert” with an Acquiring Person or offeror; and (v) employee benefit, stock purchase or certain other plans or trusts for employees of the REIT or the General Partner or their wholly-owned subsidiaries unless the beneficiaries of such plans or trusts direct the voting and tendering to a take-over bid of the Voting Units.

Independent Unitholders means holders of Units other than (i) any Acquiring Person, (ii) any Offeror, other than a Person described in clauses (B)(1) to (B)(6) of the definition of Beneficial Ownership who is not deemed to Beneficially Own Units held by such Person, (iii) any Affiliate or Associate of any Acquiring Person or Offeror, (iv) any Person acting jointly or in concert with any Acquiring Person or Offeror, and (v) any employee benefit plan, deferred profit sharing plan, securities participation plan or trust for the benefit of employees of the REIT or a wholly-owned Subsidiary of the REIT, unless the beneficiaries of such plan or trust direct the manner in which such Units are to be voted or direct whether the Units are to be tendered to a Take-over Bid.