Payment Units definition

Payment Units has the meaning ascribed thereto in Section 2.2;
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Examples of Payment Units in a sentence

  • Dividing Payment Units is a contract modification which requires a Timber Sale Contract Supplement.

  • These Payment Units are subject to revision, as specified in BT2.37.

  • Payment Units may be revised and additional ones may be established only by written agreement.

  • For purposes of this Subsection, timber in Payment Units Released for Cutting covered by cash deposit or payment guarantee under BT4.3 shall be considered to have been paid for.

  • Timber within the clearing limits of Specified Roads is within separate Payment Units, as shown on Sale Area Map, and the quantities are in AT2.

  • Upon Purchaser’s request, Forest Service shall subdivide Payment Units to reduce them to a size that can be logged within 60 days at Purchaser’s normal rate of logging.

  • Estimated quantities for such timber not included in AT2 shall be determined as stated in CT6.8. If Sale Area Map shows Payment Units where Marking or Measuring is to be completed after date of timber sale advertisement, the objective of Forest Service shall be to designate for cutting in such Payment Units sufficient timber so that Sale Area shall yield the approximate estimated quantities by species or species groups stated in AT2.

  • If at any time the credit balance of Timber Sale Account exceeds the charges for timber within Payment Units Released for Cutting and for designated material not included in AT2 that Forest Service estimates will be cut within the next 60 days, any portion of such excess that is due to cash in the account shall be refunded, if requested by Purchaser, unless deposited under BT4.211, BT4.213, or BT4.217.

  • Rates shall be redetermined under BT3.3 and shall be considered established under BT3.1 for Payment Units described therein at the time of Purchaser's application.

  • However, Forest Service shall not reduce the credit balance below the total value of partially cut Payment Units and desig- nated material not included in AT2 that is cut before operations cease.

Related to Payment Units

  • Placement Units shall have the meaning given in the Recitals hereto.

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $100,000,000, your Sale Bonus would be $100,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Class B Units means the Class B Units of the Company.

  • Per Unit Purchase Price equals $0.8670, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur between the date of this Agreement and the applicable Closing Date.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Private Placement Units shall have the meaning given in the Recitals hereto.

  • 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.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this 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.

  • Company Units has the meaning set forth in the Recitals.

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Private Units means (x) the Units purchased in the private placement taking place simultaneously with the consummation of the Company’s IPO and (y) the additional Units that may be purchased in connection with the exercise of the over-allotment option by the underwriters in the IPO as described in the Registration Statement; (vi) “Registration Statement” means the registration statement on Form S-1 filed by the Company with respect to the IPO; and (vii) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • apartment unit means any residential dwelling unit within a building containing three or more dwelling units where access to each residential unit is obtained through a common entrance or entrances from the street level and the residential units are connected by an interior corridor;

  • 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.

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

  • Initial Dividend Payment Date means the Initial Dividend Payment Date as determined by the Board of Directors of the Corporation with respect to the AMPS or Other AMPS, as the case may be.

  • Class C Units The term "Class C Units" shall have the meaning set forth in the preface.

  • Common Units is defined in the Partnership Agreement.