Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.
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.
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.
Private Placement Units shall have the meaning given in the Recitals hereto.
Offered Units has the meaning set forth in Section 9.2(a).
Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].