Linked Unit definition

Linked Unit means, with respect to a Functional Unit, any other Functional Unit which is designated in Appendix 8A as being linked to the first Functional Unit;
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Linked Unit has the meaning set out in Schedule 8 [Payments];
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Linked Unit means a unit comprising a share and a debenture in a company, where that share and that debenture are linked and are traded together as a single unit;
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Examples of Linked Unit in a sentence

  • Military personnel, employed by the CEA, and part of “interarmes” staff were brought in to inject expertise in managing the site (Blanck 2017, 125).

  • The “ Pro forma results after the Giuricich Acquisition, Investec Acquisitions and material post balance sheet events'' column represents net asset value per Linked Unit and net tangible asset value per Linked Unit after the acquisition of the Giuricich properties and Investec properties.

  • If a holder of a Linked Unit does not accept the offer of Scrip Distribution Units instead of cash, the holder is deemed to require and will be paid the distribution in cash.

  • The directors are authorised to issue the debentures under their control in accordance with the provisions of the Linked Unit Trust Deed (the "Deed").

  • The Board is of the view that the impact of this Acquisition on earnings per Linked Unit will be positive.

  • Following the implementation of the Acquisition Issue, the total value of the stated capital of the Company’s issued Linked Unit capital will be R770 069 000.

  • Each Linked Unit in the company comprises one linked unit and one variable rate unsecured debenture as per Note 16, which are indivisibly linked.

  • In the first year of acquisition, there will be no material impact on earnings per Linked Unit.

  • Linked Units will only be traded in electronic form and accordingly all Linked Unitholders who elect to receive Certificated Linked Units will first have to dematerialise their Linked Unit certificates should they wish to trade therein.

  • The Board considers that, if issued, the A Linked Units would be issued at an initial yield of between 9% and 10.5% (equating to an issue price of between R4.29 and R5.00 per A Linked Unit), in line with prevailing yields for similar instruments currently listed on the JSE.


More Definitions of Linked Unit

Linked Unit means a Linked Unit comprising
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Linked Unit means a linked unit comprising 1 (one) Ordinary Share and 1 (one) Debenture in the Company, as contemplated in article 5.2;
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Linked Unit means a linked unit comprising 1 (one) ordinary share of no par value in the share capital of the Company indivisibly linked to 1 (one) unsecured variable rate debenture issued by the Company;
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Linked Unit means a room or an area which is designated in Appendix 8A [Functional Units] as being linked to a Functional Unit;
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Linked Unit means one ordinary share in the share capital linked to one Debenture in
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Related to Linked Unit

  • Stock Unit means a bookkeeping entry representing the equivalent of one Common Share, as awarded under the Plan.

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Subordinated Unit means a Limited Partner Interest having the rights and obligations specified with respect to Subordinated Units in this Agreement. The term “Subordinated Unit” does not include a Common Unit. A Subordinated Unit that is convertible into a Common Unit shall not constitute a Common Unit until such conversion occurs.

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

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 of the Plan.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.