Mature Units definition

Mature Units means Units owned by a Participant that are not subject to any pledge or security interest and that have been either previously acquired by the Participant on the open market or meet such other requirements, if any, as the Committee may determine are necessary in order to avoid an accounting earnings charge on account of the use of such Units to pay the Exercise Price or satisfy a withholding obligation of the Participant.
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Mature Units means Units that have been held by a Grantee for longer than six (6) months after becoming vested.
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Mature Units means Units for which the holder thereof has good title, free and clear of all restrictions, liens and encumbrances.
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Examples of Mature Units in a sentence

  • If the General Partner submits a Call Notice on Vested Units that will not become Mature Units until after the Call Exercise Period, the Exercise Date for purposes of determining the Call Closing Date will be the first Exercise Date following the date on which such Vested Units become Mature Units.

  • If a Grantee submits a Put Exercise Notice on Vested Units that will not become Mature Units until after the Put Exercise Period, the Exercise Date for purposes of determining the Put Closing Date will be the first Exercise Date following the date on which such Vested Units become Mature Units.

  • If a Grantee submits a Put Exercise Notice on Vested Units that will notbecome Mature Units until after the Put Exercise Period, the Exercise Date for purposes of determining the Put Closing Date will be the first Exercise Date following the date on which such Vested Units become Mature Units.

  • The pre-signed account forms included, Know-Your-Client (“KYC”) Forms, Order Entry Forms, Transfer DSC Free or Mature Units to Front End Forms.

  • Free Unit DSC to ISC Change Requests (please select all that apply)❍ Change all Free Units to the same ISC Fund ❍ Change all Mature Units to the same ISC Fund❍ Change all Free Units to different Fund(s) as indicated below ❍ Change all Mature Units to different Fund(s) as indicated below For alternative DSC to ISC Changes please complete below:Switch OutPAC/AWD Default: CI will move the PAC/AWD to the new Fund on a full Fund change into a single Fund and continue on the current Fund for partials.

Related to Mature Units

  • 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.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Restricted Units has the meaning set forth in the recitals to this Award Agreement.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

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

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Class B Units means the Class B Units of the Company.

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

  • Share Unit means either an RSU or a PSU, as the context requires.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Age-restricted unit means a housing unit designed to meet the needs of, and exclusively for, the residents of an age-restricted segment of the population such that: 1) all the residents of the development wherein the unit is situated are 62 years of age or older; or 2) at least 80 percent of the units are occupied by one person who is 55 years of age or older; or 3) the development has been designated by the Secretary of the U.S. Department of Housing and Urban Development as “housing for older persons” as defined in Section 807(b)(2) of the Fair Housing Act, 42 U.S.C. § 3607.

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • DSUs means the outstanding deferred share units issued under the DSU Plan.

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