PHYS Units definition

PHYS Units means the trust units of Sprott Physical Gold Trust.
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PHYS Units means the trust units of Sprott Physical Gold Trust, and “PHYS Unit” means any one such unit.
Sample 1Sample 2

Examples of PHYS Units in a sentence

  • The cost to a GTU Unitholder of PHYS Units received by the GTU Unitholder as the Bonus Consideration will generally be equal to the fair market value of such PHYS Units at the time of the distribution.

  • For the purpose of determining the adjusted cost base to a GTU Unitholder of PHYS Units, the cost of the newly acquired PHYS Units received as the Bonus Consideration will be averaged with the adjusted cost base of all other PHYS Units held as capital property by such GTU Unitholder immediately before such acquisition.".

  • By notice to the Depositary, the Offeror has increased the consideration payable under the Offer and Merger Transaction to include an additional U.S.$0.10 per GTU Unit payable in PHYS Units.

Related to PHYS Units

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • 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.

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

  • 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.

  • Restricted Units has the meaning set forth in the recitals to this Award Agreement.

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

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

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with 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.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Common Units is defined in the Partnership Agreement.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

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

  • Performance Units means an Award which may be earned in whole or in part upon 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.

  • RSUs means restricted stock units.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • 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.

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

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • 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.

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

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Redeemed Units has the meaning set forth in Section 11.01(a).