Minimum Number of Units definition

Minimum Number of Units means the number specified as such in the related Confirmation.
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Minimum Number of Units means such number of Units of a Class having such value as the Manager may from time to time prescribe as the minimum number or value of Units which any Holder is required to hold.
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Minimum Number of Units in relation to any Trust means such number of Units of that Trust as set out in the relevant Establishment Deed or otherwise as may be determined by the Manager from time to time as the minimum number of Units which may be held by an Investor or the dollar value that is the equivalent to that number of Units calculated at the current Unit Value;
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Examples of Minimum Number of Units in a sentence

  • Unless at least the Minimum Number of Units have been sold during the Offering Period (as the same may be extended by the mutual agreement of the Selling Agent and the Seller), the Offering will be terminated at the end of the Offering Period, no Offered Securities will be sold in the Offering and all subscription proceeds will be refunded to subscribers by the Escrow Agent, without interest thereon.

  • If subscriptions for at least the Minimum Number of Units are received by the end of the Offering Period (as the same may be extended by the mutual agreement of the Selling Agent and the Seller), a closing (the “First Closing”) will occur as soon as possible after subscriptions for the Minimum Number have been accepted by the Seller.

  • If Customer uses more than the Minimum Number of Units in any billing period, Customer will pay an additional amount equal to the number of metered Units exceeding the agreed Minimum Included Units times the Excess Charge as shown on the face of this Contract.

  • In return for the Minimum Payment, Customer is entitled to use the Minimum Number of Units each billing period.

  • Minimum Number of Units: Zero Maximum Number of Units: Number of Units Integral Multiple: Not Applicable Automatic Exercise: As provided above under “Required Exercise on Conversion Dates”.

  • PROVIDED however that no transfer of part of a holding of Units shall be registered if in consequence thereof either the transferor or the transferee would hold less than the Minimum Number of Units.

  • TBS will determine the number of supplies to be shipped based on the Minimum Number of Units and Excess Units metered.

  • Customer acknowledges that in no event shall the Customer be entitled to any refund or rebate of the Minimum Payment if metered units result in less than the Minimum Number of Units in any billing period.

  • If, by the Termination Date, collected funds representing the Minimum Number of Units have been deposited with the Escrow Agent, such funds shall be paid to the Partnership by the Escrow Agent and the Partnership shall thereupon pay to you amounts payable pursuant to paragraph 4(a) hereof.

  • If subscriptions for at least the Minimum Number of Units are received by the end of the Offering Period (as the same may be extended by the mutual agreement of the Selling Agent and the Seller), a closing (the “First Closing”) will occur as soon as possible after subscriptions for the Minimum Number have been accepted by the Seller and all other conditions precedent to closing have occurred to the sole satisfaction of the Selling Agent.


More Definitions of Minimum Number of Units

Minimum Number of Units means in respect of the Fund, the number of Units indicated in the relevant Supplementary Prospectus or as the Manager may from time to time prescribe.
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Minimum Number of Units means the number of Units (to include fractions of Units) or as the Mangers may permit or prescribe from time to time and as set out in the Prospectus in relation to any particular class or classes, provided that in each case, the Managers may waive the requirement to have a Minimum Number of Units either generally or in any particular case, at their discretion;
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Minimum Number of Units. With respect to any Designated Repurchase Units, not applicable, and with respect to all other Xxxxx, 0 (zero). Maximum Number of Units: With respect to any Designated Repurchase Units, not applicable, and with respect to all other Units, the Number of Units.
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Minimum Number of Units means the equivalent of 15,500 Common Units assuming the conversion of any Preferred Units in accordance with the terms of such Preferred Units (as adjusted for any split, combination or recapitalization of Units).
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Related to Minimum Number of Units

  • Minimum Number means 3% of the number of outstanding shares of common stock of the Corporation as of the most recent date for which such amount is given in any filing by the Corporation with the Securities and Exchange Commission prior to the submission of the Nomination Notice.

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Programme Maximum Number of ETP Securities means 1,000,000,000.

  • Maximum Number means that number of directors constituting the greater of (x) two and (y) 20% of the total number of directors of the Corporation on the last day on which a Nomination Notice may be submitted pursuant to this Section 3.11 (rounded down to the nearest whole number), which number shall be reduced as set forth in Section 3.11.c.i.

  • Maximum Number of Securities shall have the meaning given in subsection 2.1.4.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Underwriters’ Maximum Number means, for any Piggyback Registration, Demand Registration or other registration which is an underwritten registration, that number of securities to which such registration should, in the opinion of the managing underwriters of such registration in the light of marketing factors, be limited.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Number of Shares means a number of shares calculated as follows: Par / Geared Put Strike LPU rounded down to the nearest round lot as permitted by the Exchange for trading purposes, and the remaining fractional share amount (being the “Residual Amount”) shall be paid in USD as the Cash Residual; and

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.

  • Maximum Offering Size has the meaning set forth in Section 2(d);

  • Common Unit Price has the meaning specified in Section 2.1(b).

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Initial Public Offering Price The Underwritten Certificates will be offered to the public in negotiated transactions or otherwise at varying prices to be determined at the time of sale.

  • Minimum Sale Price means (i) with respect to a Receivable (x) that has become 60 to 210 days delinquent or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has been repossessed by the Servicer and has not yet been sold at auction, the greater of (A) 55% multiplied by the Principal Balance of such Receivable and (B) the product of the three month rolling average recovery rate (expressed as a percentage) for the Servicer in its liquidation of all receivables for which it acts as servicer, either pursuant to this Agreement or otherwise, multiplied by the Principal Balance of such Receivable or (ii) with respect to a Receivable (x) with respect to which the related Financed Vehicle has been repossessed by the Servicer and has been sold at auction and the Net Liquidation Proceeds for which have been deposited in the Collection Account, or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has not been repossessed by the Servicer despite the Servicer’s diligent efforts, consistent with its servicing obligations, to repossess the Financed Vehicle, $1.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Item number means the unique number attached to each professional service contained in the Medicare Benefits Schedule (MBS). Each item number has a set benefit. For more information see MBS Online.

  • Public Offering Price means the price per Share of the Fund at which NLD or selected dealers or selected agents may sell Shares to the public or to those persons eligible to invest in Shares as described in the Prospectus of the Funds, determined in accordance with such Prospectus under the Securities Act relating to such Shares.

  • Maximum Basic Grant Amount’ has the same meaning as set out in item 1 of Schedule 1 of HESA;

  • Initial Price or “Initial Offer” means the price per Unit on the first day of the Initial Period determined by the Management Company.

  • Maximum Offering Amount means have the meaning set forth in the recitals hereto.

  • Initial Unit Price means (a) with respect to the Common Units and the Subordinated Units, the initial public offering price per Common Unit at which the Common Units were first offered to the public for sale as set forth on the cover page of the IPO Prospectus or (b) with respect to any other class or series of Units, the price per Unit at which such class or series of Units is initially sold by the Partnership, as determined by the General Partner, in each case adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of Units.