New Parent OP Units definition

New Parent OP Units means units of limited liability company interest in New Parent OP.
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Examples of New Parent OP Units in a sentence

  • In accordance with the DRULPA and the Parent Partnership Agreement, each Minority Limited Partner who receives New Parent OP Units shall be admitted to Parent OP as a limited partner, and shall be bound by the provisions of the Parent Partnership Agreement, notwithstanding that such Minority Limited Partner may not have executed the Parent Partnership Agreement.

  • Promptly after the Partnership Merger Effective Time, Parent OP shall deliver to each Minority Limited Partner entitled to receive New Parent OP Units pursuant to the terms of this Section 3.1(b)(iv), a notice confirming such Minority Limited Partner’s record ownership of the New Parent OP Units issuable pursuant hereto.

  • At least three (3) Business Days prior to the Closing, Mercury shall deliver a written notice to Parent setting forth the names of each Mercury Party that will have New Parent OP Units redeemed in the Redemption and the aggregate number of Redeemed Units attributable to each such holder (the “Redeemed Units Allocation Notice”).

  • The Parent OP Contribution will be effected, at the instruction of Parent OP Holdco, by an assignment by Parent of the limited partnership interests in Parent OP directly to New Parent OP in exchange for the issuance to Parent OP Holdco of a number of New Parent OP Units equal to the number of shares of Parent Common Stock that will be outstanding immediately following the consummation of the REIT Merger.

  • These regions were known at the time as Oltre Giuba, Greater Juba, and Trans-Juba of British Kenya.

  • Parent shall also take any other action required to be taken under the Securities Act, any applicable foreign or state securities or “blue sky” Laws and the rules and regulations thereunder in connection with the issuance of the New Parent OP Units in the Partnership Merger, and the Company shall furnish all information concerning the Company, the Partnership and the holders of the Partnership OP Units as may be reasonably requested in connection with any such actions.

  • The Parent Parties shall have the right, to the extent necessary (and following consultation with the Company), to prepare and file a Form S-4 or any other registration form under the Securities Act or Exchange Act with respect to the New Parent OP Units (the “OP Unit Form S-4”) to be issued in connection with the Partnership Merger.

  • No fractional New Parent OP Units or fractional shares of Parent Common Stock will be issued in the Partnership Merger.

  • Each Minority Limited Partner shall have the right, if any, to receive, pursuant to Section 3.8, cash in lieu of fractional New Parent OP Units or shares of Parent Common Stock into which such Minority Limited Partner’s Partnership OP Units would have been converted pursuant to this Section 3.1(b)(iv).

  • Allocation Rounds.ADOH may hold one or more Tax Credit Application rounds pursuant to this Plan.B. Application Deadline and Payment of Fee.A non-refundable application fee of $5,000.00 for each Application is due on or before 4:00 P.M. May 1March 3, 20132014, or as may be otherwise announced by ADOH in an information bulletin published on the ADOH website.

Related to New Parent OP Units

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • REIT Shares shall have the meaning set forth in the OP Agreement.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Common Units is defined in the Partnership Agreement.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Buyer Preferred Stock means the preferred stock, par value $0.001 per share, of Buyer.

  • Initial Merger Consideration has the meaning set forth in Section 2.2(a).

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • Merger Sub Common Stock means the shares of common stock, par value $0.001 per share, of Merger Sub.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

  • Surviving General Partner has the meaning set forth in Section 11.2(d)(i)(A).

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Class A Common Units means the Company's Class A Common Units.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.