Participating Unitholder definition

Participating Unitholder has the meaning set forth in Section 3(c).
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Participating Unitholder means Unitholders who have elected to participate in respect of all or part of their holding of Units of the Distribution.
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Participating Unitholder has the meaning assigned to such term in Section 9.5(c).
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Examples of Participating Unitholder in a sentence

  • Unless otherwise provided in these Terms and Conditions, any notices, documents and statements required to be given by the Manager to a Participating Unitholder shall be given in accordance with the applicable provisions of the Trust Deed.

  • U = the number of Participating Units held by the Participating Unitholder as at the Books Closure Date for which such Notice of Election relates.

  • V = the issue price of a New Unit, which shall for the purpose of calculating the number of New Units to be allotted and issued as fully paid to the Participating Unitholder, pursuant to the Distribution Reinvestment Plan, be an amount in Singapore Dollars determined by the Manager (the “Relevant Amount”), which Relevant Amount shall be as permitted under the Listing Manual, or any other applicable legislation, which is currently set at not more than a ten per cent.

  • V = the issue price of a New Unit, which shall for the purpose of calculating the number of New Units to be allotted and issued as fully paid to the Participating Unitholder, pursuant to the Distribution Reinvestment Plan, be an amount in Singapore Dollars determined by the Manager (the “Relevant Amount”), which Relevant Amount shall be as permitted under the Listing Manual, or any other applicable legislation, which is currently set at not more than ten per cent.

  • By electing to participate in the Distribution Reinvestment Plan in respect of any Notice of Election received by him, a Participating Unitholder elects in respect of any Qualifying Distribution (after the deduction of any applicable income tax) to which such Notice of Election relates to receive Units in lieu of the cash amount of the Qualifying Distribution.

  • T = is the applicable income tax.V = the issue price of a New Unit, which shall for the purpose of calculating the number of New Units to be allotted and issued as fully paid to the Participating Unitholder, pursuant to the Distribution Reinvestment Plan, be an amount in Singapore Dollars determined by the Manager (the “Relevant Amount”), which Relevant Amount shall be as permitted under the Listing Manual, or any other applicable legislation, which is currently set at not more than a ten per cent.

  • The CDP will send to each Participating Unitholder on or about each Distribution Date, a notification letter detailing the number of DRP Units allotted to the Participating Unitholder under the FCOT DRP.

  • The Manager or CDP will send to each Participating Unitholder on or about each Distribution Date, which in any event shall be no later than 90 calendar days (or such other period as may be specified under the Trust Deed) after the Distribution Calculation Date for the relevant Distribution Period, a notification letter detailing the number of Units successfully allotted to the Participating Unitholder under the DRP.

  • The Manager will send to each Participating Unitholder on or about each Distribution Date, which in any event shall be no later than 60 calendar days (or such other period as may be specified under the Trust Deed) after the Distribution Calculation Date for the relevant Distribution Period, or such other period as the CDP may decide, a notification letter detailing the number of Units to be allotted to the Participating Unitholder under the Distribution Reinvestment Plan.

  • In respect of any Qualifying Distribution, the number of New Units to be allotted and issued to the Participating Unitholder electing to receive New Units in respect of a Notice of Election shall be calculated in accordance with the following formula: N = (U x D) – (U x D xT) (each dollar amount in the numerator rounded to the V nearest two decimal places) Where: N = the number of New Units to be allotted and issued as fully paid to the Participating Unitholder in respect of such Notice of Election.


More Definitions of Participating Unitholder

Participating Unitholder means, with respect to each Portfolio Company, any Person holding Units of the Series relating to such Portfolio Company, in the amount and type set forth on the Investment Schedule for such Portfolio Company Investment.
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Related to Participating Unitholder

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Participating member means a member who is required to make mandatory contributions by the applicable retirement act to his or her health reimbursement account.

  • Common Unitholder means a Member who is the registered holder of Common Units.

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

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

  • Bargaining Unit Member or “employee” means a University employee who is included in the bargaining unit as defined in Article 2: “Recognition and Scope”.

  • Participating Entity means a state (as well as the District of Columbia and US territories), city, county, district, other political subdivision of a State, or a nonprofit organization under the laws of some states properly authorized to enter into a Participating Addendum, that has executed a Participating Addendum.

  • Unit Holder means a person holding units in the scheme of the Mutual Fund.

  • Participating Holder means any Holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 2(b) hereof.

  • Unitholders means the holders of Units.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Participating Dentist means any Dentist who, at the time of rendering a Covered Dental Service to the Member, has a written agreement with CareFirst BlueChoice or the Dental Plan for the rendering of such service.

  • Participating Holders means all Holders of Registrable Securities which are proposed to be included in any offering of Registrable Securities pursuant to Section 2.1 or Section 2.2.

  • Unit Member means any certificated employee of the district who is included in the appropriate unit as defined in Article 2 and therefore covered by the terms and provisions of this Agreement.

  • Participating Party means an enterprise or public body that has committed itself to reaching certain objectives under a voluntary agreement, or is covered by a national regulatory policy instrument;

  • Independent Member of the board means a member of the board who has no business, family or other relationship that raises a conflict of interests regarding the CCP concerned or its controlling shareholders, its management or its clearing members, and who has had no such relationship during the five years preceding his membership of the board;

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Designated Holder means the Holder of Note A-1.

  • Designated member means the spouse, child, grandchild, parent, brother, or sister of a deceased individual who owned an interest in a wholesaler, who is entitled to inherit the deceased individual's ownership interest in the wholesaler under the terms of the deceased individual's will, or who has otherwise been designated in writing by the deceased individual to succeed the deceased individual in the wholesaler's business, or is entitled to inherit such ownership interest under the laws of intestate succession of this state. With respect to an incapacitated individual owning an ownership interest in a wholesaler, the term means the person appointed by a court as the conservator of such individual's property. The term also includes the appointed and qualified personal representative and the testamentary trustee of a deceased individual owning an ownership interest in a wholesaler.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Participating Entities and “Participating Entity” are defined on the Coversheet.

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Founder Member means a subscriber to these rules for the purposes of registration;