PI Unit definition

PI Unit means a Partnership Unit which is designated as a PI Unit and which has the rights, preferences and other privileges designated in Section 4.6 hereof and elsewhere in this Agreement in respect of Holders of PI Units. The allocation of PI Units among the Partners shall be set forth on Exhibit A, as may be amended from time to time.
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PI Unit means a PI Unit (as defined in the Operating Agreement) of the Company.
Sample 1
PI Unit means a non-voting (except as otherwise expressly provided in this Agreement) unit of membership interest in the Company owned by an Eligible Incentive Member, including all preferences, rights, liabilities and obligations with respect to such interest as are set forth in this Agreement or the Act. Any PI Units issued by the Company to one or more Eligible Incentive Member(s) shall be considered “profits interests” within the meaning of IRS Revenue Procedures 93-27 and 2001-43.
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Examples of PI Unit in a sentence

  • It is the responsibility of the SIU Manager to coordinate the timeliness, accuracy and completeness of all suspected or confirmed instances of waste, fraud and abuse referrals to the OMPP PI Unit.

  • The SIU Manager shall report to the Compliance Officer and meet with the OMPP Program Integrity (OMPP PI) Unit at a minimum of quarterly or more frequently as directed by the OMPP PI Unit.

  • The SIU Manager shall be required to interview with the OMPP PI Unit prior to obtaining FSSA approval.

  • The Contractor shall be required to disclose to the OMPP PI Unit information required by 42 CFR 455.106 regarding the Contractor’s staff and persons with an ownership/controlling interest in the Contractor that have been convicted of a criminal offense related to that persons involvement in Medicare/Medicaid or Title XX programs.

  • As noted above, the OMPP PI Unit should also receive disenrollment notices when they are program integrity related.

  • The SIU Manager shall report to the Compliance Officer and meet with the OMPP Program Integrity (OMPP PI) Unit at a minimum of quarterly or more frequently as directed by the OMPP PI Section.

  • The Contractor shall be required to disclose to the OMPP PI Unit information required by 42 CFR 455.106 regarding the Contractor’s staff and persons with an ownership/controlling interest in the Contractor that have been convicted of a criminal offense related to that persons involvement in Medicare/Medicaid or Title XIX programs.

  • Contractor’s processes and procedures must be identified in Contractor’s Program Integrity Plan, identified in Section 7.1. Specific services for member verification may be identified by the OMPP PI Unit and may change based upon fraud trends.

  • The FSSA PI Unit identifies and recovers Medicaid waste and abuse.

  • The FSSA PI Unit may issue a corrective action or performance improvement plan and outline timelines for improvement measures.

Related to PI Unit

  • 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.

  • Animal Unit means a unit of measure used to compare differences in the production of animal manure and set forth in Minn. R. 7020.0300, subp. 5.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Service unit means a standardized measure of consumption, use, generation, or discharge attributable to an individual unit of development calculated in accordance with generally accepted engineering or planning standards for a particular category of capital improvements.

  • Work Unit means a working department or service, as defined by the Employer.

  • target unit means a facility or group of facilities to which an underlying agreement applies; “tCO2 equivalent” means tonnes of carbon dioxide equivalent;

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

  • Heat unit means a unit of energy equal to the product of the peak kilovoltage, milliamperes, and seconds, i.e., kVp x mA x second.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • LLC Unit means a common limited liability interest in the Company.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

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

  • New unit means a unit that commences commercial operation on or after November 15, 1990, including any such unit that serves a generator with a nameplate capacity of 25 MWe or less or that is a simple combustion turbine.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • Membership Unit means an outstanding common membership unit of the LLC.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • Rental Unit means a structure or part of a structure used as a home, residence, or sleeping unit by a single person or household unit, or any grounds, or other facilities or area promised for the use of a residential tenant and includes, but without limitation, apartment units, boarding houses, rooming houses, mobile home spaces, and single and 2-family dwellings.

  • 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.

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • live-work unit means a unit intended for both residential and non-residential uses concurrently;

  • Academic Unit means an Academic Department, research unit, School, non-departmentalized Faculty, Faculty of Medicine Division, the Fisheries and Marine Institute, the School of Arctic and Subarctic Studies, the Student Wellness and Counselling Centre, or the University Library, to which one (1) or more ASMs have their primary or sole appointment. For Counselling Faculty Members at Xxxxxxxx Campus who are not members of a School, the Academic Unit shall be Xxxxxxxx Campus. For Faculty Members in the Faculty of Medicine who are not members of a Division, the Academic Unit shall be the Faculty.

  • Unit and “Quality” means the unit and quantity specified in the schedule.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.