LTIP Unit Distribution Participation Date definition

LTIP Unit Distribution Participation Date has the meaning set forth in Section 16.4.C hereof.

LTIP Unit Distribution Participation Date means, for any LTIP Unit, the date of issuance or such other date as may be specified in the Vesting Agreement or other documentation pursuant to which such LTIP Unit is issued.

LTIP Unit Distribution Participation Date means the date as of which an LTIP Unit is earned pursuant to the terms of an OPP Agreement.

Examples of LTIP Unit Distribution Participation Date in a sentence

• The LTIP Unit Distribution Participation Date (as defined in the Partnership Agreement) with respect to the Award LTIP Units is the Grant Effective Date.

• Calculations in the current chapter show that individuals with an equivalent disposable income, DKK 100,000 higher than the average, are less prone to the environ- mental exposures corresponding to values of DKK 30 for PM2,5, DKK 30 for NO2 and DKK 5 for noise, respectively.

• Until the LTIP Unit Distribution Participation Date for an LTIP Unit has occurred, each LTIP Unit shall be treated as a fraction of one outstanding OP Unit equal to one OP Unit multiplied by the LTIP Unit Initial Regular Sharing Percentage or the LTIP Unit Initial Special Sharing Percentage with respect to such LTIP Unit, as applicable.

• Distributions on [2016] LTIP Units (PB) will be paid in accordance with the Partnership Agreement as modified hereby as follows:(a) The LTIP Unit Distribution Participation Date (as defined in the Partnership Agreement) with respect to those [2016] LTIP Units (PB) that have become vested in accordance with Sections 4 or 5 hereof shall be the effective date of vesting of Award [2016] LTIP Units (PB) (i.e. the last day of the Performance Period [or such other date as provided in Section 5 hereof]).

• As promptly as practicable after the LTIP Unit Distribution Participation Date, an amount equal to the Contingent Distributions that would have been paid with respect to those Award [2016] LTIP Units (PB) that have become vested pursuant to Sections 4 or 5 hereof shall be paid to the Grantee.

More Definitions of LTIP Unit Distribution Participation Date

LTIP Unit Distribution Participation Date means the date as of which an LTIP Unit is earned pursuant to Sections 3(b), 3(c) and 3(d) of the OPP.

LTIP Unit Distribution Participation Date means (i) in respect of each LTIP Unit awarded under the 2018 Advisor OPP Agreement or the 2021 Advisor OPP Agreement, the date following the date as of which an Unvested LTIP Unit is earned and vested pursuant to conditions set forth in the applicable agreement, or (ii) in respect of each other LTIP Unit awarded, the day following the last day of the performance period for which the number of LTIP Units earned pursuant to the terms of any OPP Agreement will be determined based on the achievement of goals during such performance period, or, if no such date is specified or applicable, the date on which that LTIP Unit is issued.”

LTIP Unit Distribution Participation Date has the meaning set forth in Section 3.B of Annex A to the Fourth Amendment to this Agreement.

LTIP Unit Distribution Participation Date for each LTIP Unit will be with respect to LTIP Units granted pursuant to the Acadia Realty Trust 2006 Long-Term Incentive Plan (the “2006 LTIP Plan”), or with respect to other LTIP Units, such date as may be specified in the Vesting Agreement or other documentation pursuant to which such LTIP Units are issued.

LTIP Unit Distribution Participation Date means (i) in respect of each LTIP Unit awarded under the 2020 Advisor OPP Agreement, the date following the date as of which an Unvested LTIP Unit is earned and vested pursuant to conditions set forth thereunder, or (ii) in respect of each other LTIP Unit awarded, the day following the last day of the performance period for which the number of LTIP Units earned pursuant to the terms of any OPP Agreement will be determined based on the achievement of goals during such performance period, or, if no such date is specified or applicable, the date on which that LTIP Unit is issued.

LTIP Unit Distribution Participation Date has the meaning set forth in Section 16.4(a).

LTIP Unit Distribution Participation Date means the date as of which an LTIP Unit is earned pursuant to the terms of an OPP Agreement. “LTIP Unitholder” means a Partner that holds LTIP Units. “Majority in Interest” means the Limited Partners holding more than fifty percent (50%) of the Percentage Interests of the Limited Partners.