Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.
Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.
Membership Units means membership interests in the Company.
Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.
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.
Class B Units means the Class B Units of the Company.
LTIP Units means a Partnership Unit which is designated as an LTIP Unit and which has the rights, preferences and other privileges designated in Section 4.6 and elsewhere in this Agreement in respect of holders of LTIP Units. The allocation of LTIP Units among the Partners shall be set forth in the Partner Registry, as it may be amended or restated from time to time.
OP Units means units of limited partnership interest in the Operating Partnership.
Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.
Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”
Common Units is defined in the Partnership Agreement.
Class D Units has the meaning ascribed to such term in the LLC 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.
LLC Units has the meaning set forth in the LLC Agreement.
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.
Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).
Partnership Units or “Units” has the meaning provided in the Partnership Agreement.
Unvested Units means any Executive Units which are not Vested Units.
Redeemed Units has the meaning set forth in Section 11.01(a).
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.
Tendered Units shall have the meaning set forth in Section 8.6.A.
Series B Preferred Units shall have the meaning provided in Section 1.
Preferred Units means the Series A Preferred Units and the Series B Preferred Units.
Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.
Class C Units means the Class C Units of the Company.
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.