Initial Unitholder definition
Initial Unitholder means the person named herein as the first unit holder of the Initial Trust Unit;
Initial Unitholder means Granite Real Estate Inc., the settlor of the Trust and holder of the initial Units issued by the Trust;
Initial Unitholder and “Initial Unit” have the meanings ascribed thereto in Section 2.1 hereof;
Examples of Initial Unitholder in a sentence
This Agreement shall be binding upon and inure to the benefit of the Unitholders, the Initial Unitholder and their legal representatives, heirs, successors and permitted assigns.
Notwithstanding any other provision of this Agreement, the Initial Unitholder may elect to withdraw from the Fund immediately following the admission of another Unitholder and be released as a Unitholder, in which case the Initial Unitholder’s Subscription (if any) will be returned to the Initial Unitholder.
More Definitions of Initial Unitholder
Initial Unitholder means InterRent.
Initial Unitholder means the person named in the First Amended and Restated Declaration of Trust as the first holder of the Initial Trust Unit;
Initial Unitholder means Allison Taylor, an individual resident in the City of Calgary, in the Province of Alberta, as the initial holder of Trust Units.
Initial Unitholder means European Commercial Real Estate Limited;
Initial Unitholder means the persons designated on Annex A hereto as receiving OP Units on the date hereof and/or May 25, 2017.
Initial Unitholder means Exchange Tower Limited, a corporation under the laws of Ontario;
Initial Unitholder means Accilent Raw Materials Group Inc., a corporation incorporated under the laws of the Province of Ontario as the initial holder of Trust Units.