Manager Units definition

Manager Units refers collectively to the manager or employee units in the Project anticipated to be designated for on-site residential managers and/or maintenance personnel of the Affordable Units as set forth in the Scope of Development (Attachment No. 3), which shall remain unrestricted in terms of income or affordability levels.
Manager Units means Non-Voting Units of KKR Manager (or any successor security thereto).
Manager Units means as Manager Units as defined in the limited liability company operating agreement of Wavemaker Select.

Examples of Manager Units in a sentence

  • The Manager Units issued to the exercising Members shall be subject to all terms, conditions and restrictions contained in Manager's Operating Agreement.

  • Physically Accessible Units: X Units Sensory Accessible Units: X Units Manager Units: X Units IDENTIFY UNITS Maintenance Units: X Units IDENTIFY UNITS Security Units : X Units IDENTIFY UNITS Following the completion of construction and lease-up, Owner must seek ADFA’s approval of rents annually.

  • At such time as no Endeavor Operating Company Units and no Endeavor Manager Units remain exchangeable for shares of our Class A common stock, all outstanding shares of Class X common stock will be cancelled.

  • The ( ) multi-family residential apartments with appropriate landscaping, retail and commercial space, site improvements, and parking (inclusive of Manager Units) specifically described in the Project Scope attached to this Agreement as Exhibit “H”, subject to the terms and conditions of all Approvals.

  • Unless otherwise determined by the Manager, Units will not be certificated.

  • RECOMMEND that member States of the European and Mediterranean Major Hazards Agreement (EUR- OPA): I.

  • Unless otherwise determined by the Manager, Units shall be evidenced by this Agreement and not by a certificate or other instrument.

  • The Members collectively own all of the issued and outstanding membership interests (including all Member Units, Manager Units and Profit Interests) (collectively, the “Interests”) in the Company, as set forth opposite their respective names on the attached Schedule A.

  • The Seller’s financial situation is such that the Seller can afford to bear the economic risk of holding the EOC Common Units, Endeavor Manager Units, Pubco Class A Common Stock, Pubco Class X Common Stock and/or Pubco Class Y Common Stock, as applicable (the “Acquired Securities”), for an indefinite period of time, has adequate means for providing for the Seller’s needs and contingencies, and can afford to suffer a complete loss of the Seller’s investment in the Acquired Securities.

  • Except for the Manager Units, all of the Affordable Units shall be available to Moderate Income, Low Income, and Very Low Income households at an Affordable Rent in accordance with the Schedule of Affordable Rents attached to Exhibit “B” of the Agreement Affecting Real Property (Attachment No. 6).


More Definitions of Manager Units

Manager Units shall have the meaning given in the Recitals hereto.
Manager Units means the units issued to the ThinkEquity LLC in a private placement to be completed concurrently with the consummation of the Public Offering; and (x) “Warrants” shall mean the Private Placement Warrants and public warrants.
Manager Units has the meaning set forth in the Operating Agreement.