Participating LTIP Unit definition

Participating LTIP Unit means (i) a LTIP Unit that has satisfied the applicable condition or conditions specified in in the relevant Award Agreement (or other documentation pursuant to which such LTIP Unit is granted) for becoming a “Participating LTIP Unit” thereunder, and (ii) each Founder LTIP Unit.
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Participating LTIP Unit means any LTIP Unit that has satisfied the applicable Performance Condition.
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Participating LTIP Unit means any LTIP Unit that has satisfied the applicable “Performance Condition” (regardless of whether the Service Condition has been met).
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Examples of Participating LTIP Unit in a sentence

  • Any vesting, forfeiture and additional restrictions on transfer to which a Participating LTIP Unit is subject at the time of its conversion under the terms of the relevant Award Agreement shall apply, mutatis mutandis, to any Class A Units received upon conversion of such LTIP Unit.

  • State any and all facts to support your position that the applicant is not seeking the variance(s) primarily in order to obtain greater financial gain.

Related to Participating LTIP Unit

  • Participating Share or “Share” means the Participating Shares of no par value in the

  • LTIP Unit means a Limited Partnership Interest which is designated as an LTIP Unit and which has the rights, preferences and other privileges designated in Section 4.4 hereof and elsewhere in this Agreement in respect of holders of LTIP Units. The allocation of LTIP Units among the Partners shall be set forth on Exhibit A, as may be amended from time to time.

  • LTIP means the Long-Term Incentive Plan of the General Partner, as may be amended, or any equity compensation plan successor thereto.

  • Participating FFI means an FFI that, as from the effective date of any rules requiring withholding on “passthru payments” (as such terms are defined pursuant to Sections 1471 through 1474 of the Code and any regulations thereunder or official interpretations thereof), meets the requirements of Section 1471(b) of the Code and any regulations or other official guidance issued thereunder and that has not elected to be withheld upon pursuant to Section 1471(b)(3) of the Code;

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Participating Shares means shares that entitle their holders to participate without limitation in distributions.

  • Participating student means a student who has been determined to be

  • Participating Interest is defined in Section 1.2(d) hereof.

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

  • Participant has the meaning specified in Section 10.06(d).